Meta is reportedly in negotiations to invest billions of dollars into Scale AI, a company specializing in data labeling and AI development. This potential investment reflects Meta's strategic focus on enhancing its AI capabilities and infrastructure.

Scale AI founder Alexandr Wang is leaving the company to join Meta as part of a $14.3 billion investment deal, which will give Meta a 49% stake in the startup without voting power. Jason Droege, Scale AI's chief strategy officer, will succeed Wang as CEO, while a few employees will transition to Meta as well. This move aligns with Meta CEO Mark Zuckerberg's emphasis on enhancing AI capabilities amidst competition from other tech giants.

Meta is reportedly in discussions to invest more than $10 billion in Scale AI, a company valued at nearly $14 billion. Scale AI offers a platform for AI-related information exchange among researchers across over 9,000 locations.