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.

Meta Platforms is in talks to make an investment that could exceed US$10 billion in Scale AI, an artificial intelligence startup founded by world’s youngest self-made billionaire Alexandr Wang.

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