Meta discusses an investment of a billion dollars in the AI on scale, According to Bloomberg. In fact, the value of the agreement could exceed $ 10 billion, making it the largest investment of external IA for the Facebook parent company and one of the largest funding events that have been for a private company.
AI scale (whose CEO Alexandr Wang is shown above) provides data labeling services to companies like Microsoft and Openai to help them form their AI models. Much of this labeling work is made by contractors, in fact, the Labor Department dropped the investigation about whether the company mistakenly classified and paying employees.
According to Bloomberg, the company recorded revenue of $ 870 million last year and provides for $ 2 billion this year.
Meta was already investor in Series of A -1 billion series AIwhich evaluated the company at $ 13.8 billion. Scale and also built Defense CallsA model of great language designed for military use, above Met’s Llama 3.
