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.

If Meta Platforms (META) invests in Scale AI, it could boost the Mark Zuckerberg-led company's exposure to artificial intelligence and provide a “positive catalyst” for the stock. Read for more.

Scale AI, whose customers include Microsoft and OpenAI, provides data labelling services to help companies train machine-learning models.