Meta is in talks for a multi-billion dollar investment in Scale AI, Bloomberg TV reported on June 9th, 2025. The potential investment highlights the growing importance of artificial intelligence in the technology sector. Scale AI is a company that provides data labeling services for AI model training. A significant investment from Meta could have substantial implications for the AI industry, potentially accelerating advancements in AI technology. The deal, if completed, would underscore Meta’s commitment to expanding its AI capabilities. The news was reported during Bloomberg Daybreak: Middle East Africa, a segment that covers significant business and financial news from the region and beyond. Other recent developments in the tech industry include UAE’s Binghatti launching an asset management unit with a $1 billion target and Israeli airstrikes damaging a key Iranian nuclear site. The tech industry continues to see significant movements and investments, with companies like Meta looking to strengthen their positions in emerging technologies.
