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Meta Reportedly in Talks over Scale AI Investment that Could Exceed $10 Billion

(FILES) Meta corporate headquarters is seen in Menlo Park, California on November 9, 2022. (Photo by JOSH EDELSON / AFP)
(FILES) Meta corporate headquarters is seen in Menlo Park, California on November 9, 2022. (Photo by JOSH EDELSON / AFP)
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Meta Reportedly in Talks over Scale AI Investment that Could Exceed $10 Billion

(FILES) Meta corporate headquarters is seen in Menlo Park, California on November 9, 2022. (Photo by JOSH EDELSON / AFP)
(FILES) Meta corporate headquarters is seen in Menlo Park, California on November 9, 2022. (Photo by JOSH EDELSON / AFP)

Meta Platforms is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, Bloomberg News reported on Sunday.

The terms of the deal were not yet finalized and could still change, the report said, citing people familiar with the matter.

Scale AI declined to comment and Meta did not immediately respond to Reuters request for comment outside regular business hours.

Founded in 2016, Scale AI is a data labeling startup backed by tech giants Nvidia, Amazon and Meta.

Last valued at nearly $14 billion, Scale AI also provides a platform for researchers to exchange AI-related information, with contributors in more than 9,000 cities and towns.

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Pope Leo Warns Politicians of the Challenges Posed by AI

This handout photograph taken and released by the Vatican Media on June 21 2025, shows Pope Leo XIV delivers his speech as he meets with participants in the Jubilee of the Rulers, in The Vatican. (Handout / Vatican Media / AFP)
This handout photograph taken and released by the Vatican Media on June 21 2025, shows Pope Leo XIV delivers his speech as he meets with participants in the Jubilee of the Rulers, in The Vatican. (Handout / Vatican Media / AFP)
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Pope Leo Warns Politicians of the Challenges Posed by AI

This handout photograph taken and released by the Vatican Media on June 21 2025, shows Pope Leo XIV delivers his speech as he meets with participants in the Jubilee of the Rulers, in The Vatican. (Handout / Vatican Media / AFP)
This handout photograph taken and released by the Vatican Media on June 21 2025, shows Pope Leo XIV delivers his speech as he meets with participants in the Jubilee of the Rulers, in The Vatican. (Handout / Vatican Media / AFP)

Pope Leo warned politicians on Saturday of the challenges posed by the rise of artificial intelligence (AI), addressing its potential impact on younger people as a prime concern.

Speaking at an event attended by Italian Prime Minister Giorgia Meloni and parliamentary delegations from 68 countries, Leo revisited a topic that he has raised on a number of occasions during the first few weeks of his papacy.

"In particular, it must not be forgotten that artificial intelligence functions as a tool for the good of human beings, not to diminish them or even to replace them," Leo said at an event held as part of the Roman Catholic Jubilee or Holy Year.

AI proponents say it will speed up scientific and technological progress and help people to carry out routine tasks, granting them more time to pursue higher-value and creative work.

The US-born pontiff said attention was needed to protect "healthy, fair and sound lifestyles, especially for the good of younger generations."

He noted that AI's "static memory" was in no way comparable to the "creative, dynamic" power of human memory.

"Our personal life has greater value than any algorithm, and social relationships require spaces for development that far transcend the limited patterns that any soulless machine can pre-package," he said.

Leo, who became pope in May, has spoken previously of the threat posed by AI to jobs and has called on journalists to use it responsibly.