Meta is discussing a multi-billion dollar investment in Scale AI, according to Bloomberg. In fact, the deal value could reportedly exceed $10 billion, making it the largest external AI investment for the Facebook parent company and one of the largest funding events ever for a private company.

Meta Platforms Inc. is reportedly in negotiations to invest over $10 billion in Scale AI, a rapidly emerging player in the artificial intelligence (AI) ecosystem, known for its data labeling services and model training,

If Meta Platforms (NASDAQ:META) goes ahead with an investment into Scale AI, it could boost its exposure to artificial intelligence, and provide a “positive catalyst” for the Mark Zuckerberg-led company,