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Meta reportedly in talks to invest billions of dollars in Scale AI

  • Meta is in talks for a multi-billion dollar investment in Scale AI, potentially exceeding $10 billion.
  • Scale AI provides data labeling services, with major clients like Microsoft and OpenAI using their services for AI model training.
  • Department of Labor investigation into Scale AI's employee classification was dropped recently.
  • Scale AI generated $870 million in revenue last year and projects $2 billion for this year; Meta was already an investor in Scale AI's $1 billion Series F funding round.

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