Meta Platforms is reportedly considering a significant investment, potentially exceeding $10 billion, in the AI startup Scale AI. This could be one of the largest private funding events ever. Scale AI, founded in 2016, specializes in data labeling and is backed by companies like Nvidia, Amazon, and Meta. The company's valuation is nearly $14 billion, with revenues expected to reach $2 billion this year, and it provides a platform for AI researchers. The terms of Meta's potential investment are not yet finalized and could change. In other AI-related news, Broadcom's AI semiconductor revenue reached $4.4 billion in Q2 FY25, driven by Ethernet-based AI networking. SkyCrest Capital has launched an upgraded AI trading system, SAX-iCore, securing $150 million in orders. Adobe is facing challenges as AI impacts the creative market, while Warren Buffett's Berkshire Hathaway has invested in Apple and Amazon, both companies involved in AI. The Vanguard Information Technology ETF is highlighted as a diversified AI investment option. Stocks of Applied Digital, Salesforce, Super Micro Computer, ServiceNow, QUALCOMM, Snowflake, and Accenture are identified as AI stocks to watch, and Apple's AI announcements may influence its stock performance.
Key Takeaways
- Meta is considering investing over $10 billion in AI startup Scale AI.
- Scale AI specializes in data labeling and is backed by Nvidia, Amazon, and Meta.
- Meta's potential investment in Scale AI would be its largest AI investment to date.
- Broadcom's AI semiconductor revenue reached $4.4 billion in Q2 FY25.
- SkyCrest Capital launched SAX-iCore, an upgraded AI trading system, securing $150 million in orders.
- Adobe faces challenges due to AI-driven automation in the creative market.
- Berkshire Hathaway has invested in Apple and Amazon, both involved in AI.
- The Vanguard Information Technology ETF offers a diversified AI investment option.
- Applied Digital, Salesforce and other companies are AI stocks to watch.
- Apple's AI announcements may boost its stock this week.
Meta considers massive $10 billion investment in Scale AI
Meta is considering investing over $10 billion in the AI startup Scale AI. This could be one of the largest private funding events ever. The deal's terms are not yet final and could change. Scale AI is an artificial intelligence startup.
Meta may invest over $10 billion in Scale AI
Meta Platforms is discussing an investment in Scale AI that could be more than $10 billion. The terms of the deal are not yet set and could change. Scale AI, created in 2016, is a data labeling startup supported by Nvidia, Amazon, and Meta. The company was last valued at almost $14 billion and offers a platform for AI researchers.
Meta considers $10 billion investment in AI startup Scale AI
Meta Platforms is in talks to invest over $10 billion in the AI startup Scale AI. The deal's details are not yet finalized and could change. Scale AI, founded in 2016, specializes in data labeling and is backed by Nvidia, Amazon, and Meta. The company's last valuation was nearly $14 billion, and it provides a platform for AI researchers.
Meta eyes potential $10 billion investment in Scale AI
Meta Platforms is considering a multibillion-dollar investment in the AI startup Scale AI. The investment could be more than $10 billion, making it one of the largest private company funding events ever. The terms of the deal are not yet finalized and could change. Scale AI did not comment, and Meta has not responded.
Meta considers huge $10 billion investment in Scale AI
Meta Platforms is reportedly discussing an investment in Scale AI that could exceed $10 billion. The terms of the deal are not yet final and could change. Scale AI, established in 2016, is a data labeling startup supported by Nvidia, Amazon, and Meta. The company is valued at nearly $14 billion and provides a platform for AI researchers.
Meta may invest $10 billion in Scale AI Bloomberg reports
Meta Platforms is reportedly in talks to invest over $10 billion in the AI startup Scale AI. The terms of the deal are not yet finalized and could change. Scale AI, founded in 2016, is a data labeling startup backed by Nvidia, Amazon, and Meta. The company provides a platform for researchers to share AI information.
Meta considers investing billions in Scale AI
Meta Platforms is reportedly in talks to invest over $10 billion in the AI startup Scale AI. The terms of the deal are not yet finalized and could change. Scale AI, created in 2016, is a data labeling startup supported by Nvidia, Amazon, and Meta. The company provides a platform for researchers to share AI information.
Meta considers large investment in AI startup Scale AI
Meta Platforms is in discussions to invest potentially more than $10 billion in the AI startup Scale AI. If completed, this deal would be among the largest private funding rounds ever.
Adobe struggles as AI changes creative market
Adobe's dominance is decreasing as AI-driven automation reduces the need for its creative tools. Adobe's AI segment remains small at $125 million ARR, even with strong performance in its traditional business. The company's stock is fairly priced, reflecting risks from slower growth and competition. Adobe's legacy strengths continue, but AI uncertainty limits its potential.
Broadcom's AI business grows with key networking tech
Broadcom's AI semiconductor revenue reached $4.4 billion in Q2 FY25, a 46% increase. Ethernet-based AI networking makes up 40% of AI revenue, driven by Tomahawk 6. Total FY2024 revenue jumped 44% to $51.5 billion due to AI chip growth and VMware's software. AI revenue may reach about $30 billion by FY2026, with continued growth from training and inference demand.
SkyCrest Capital upgrades AI trading system, secures $150M orders
SkyCrest Capital has upgraded its AI trading system, SkyAlpha X, to the SAX-iCore version. This upgrade has attracted $150 million in orders from hedge funds and crypto platforms. SAX-iCore balances high-frequency trading and asset management. The system includes features like a Structured Volatility Engine and Smart Capital Flow Radar. SkyCrest is offering early access to select partners and plans a phased rollout of retail-focused modules.
SkyCrest Capital launches new AI trading system SAX-iCore
SkyCrest Capital has launched SAX-iCore, an upgraded version of its AI trading system, SkyAlpha X. The new system has already secured $150 million in orders from hedge funds and crypto platforms. SAX-iCore balances high-frequency trading with asset management. Key features include a Structured Volatility Engine and Smart Capital Flow Radar. SkyCrest Capital is offering early access to strategic partners.
Meta considers $10 billion investment in Scale AI
Meta Platforms is considering investing billions in the AI startup Scale AI, potentially over $10 billion. This investment shows Meta's dedication to AI and would be its largest AI investment to date. However, the deal's terms are not yet final and could change. Scale AI specializes in AI data labeling and is backed by Nvidia, Amazon, and Meta.
Meta considers $10 billion investment in Scale AI
Meta Platforms is considering investing billions in the AI startup Scale AI, potentially over $10 billion. This investment shows Meta's dedication to AI and would be its largest AI investment to date. However, the deal's terms are not yet final and could change. Scale AI specializes in AI data labeling and is backed by Nvidia, Amazon, and Meta.
Meta may invest billions in Scale AI reports say
Meta is reportedly discussing a multi-billion dollar investment in Scale AI. The deal could exceed $10 billion, making it Meta's largest AI investment. Scale AI provides data labeling services to companies like Microsoft and OpenAI. The company's revenue was $870 million last year and is expected to reach $2 billion this year. Meta was already an investor in Scale AI, which is valued at $13.8 billion.
Meta may invest billions in Scale AI reports say
Meta is reportedly discussing a multi-billion dollar investment in Scale AI. The deal could exceed $10 billion, making it Meta's largest AI investment. Scale AI provides data labeling services to companies like Microsoft and OpenAI. The company's revenue was $870 million last year and is expected to reach $2 billion this year. Meta was already an investor in Scale AI, which is valued at $13.8 billion.
Meta considers massive investment in AI startup Scale AI
Meta is reportedly in talks to invest billions in the startup Scale AI. The investment could be more than $10 billion, potentially one of the largest private funding events ever. The terms of the deal are not yet finalized and could still change. Scale AI has not commented, and Meta has not responded.
Buffett's Berkshire invests in Apple and Amazon for AI
Warren Buffett's Berkshire Hathaway has invested in Apple and Amazon, two companies involved in AI. Apple makes up 21.6% of Berkshire's stock portfolio, even after selling some shares. Amazon's AI efforts, especially through Amazon Web Services (AWS), are driving growth. AWS is the largest cloud services business and is expected to grow even larger with AI.
Best AI ETF to buy now Vanguard Information Technology
The Vanguard Information Technology ETF is a good way to invest in AI without putting too much money into one area. It tracks an index of over 300 tech stocks, including Apple, Microsoft, and Nvidia. The ETF has low fees and has performed well over the past 10 years. The Ark Invest Autonomous Tech and Robotics ETF is riskier because it has fewer stocks and focuses on emerging companies.
AI stocks to watch now
Applied Digital, Salesforce, Super Micro Computer, ServiceNow, QUALCOMM, Snowflake, and Accenture are artificial intelligence stocks to watch.
Apple's AI plans may boost stock this week
What Apple has to say about AI this week could finally lift its battered stock.
Sources
- Meta in Talks for Scale AI Investment That Could Top $10 Billion
- Meta in talks for Scale AI investment that could top $10 billion, Bloomberg News reports
- Meta in talks over Scale AI investment that could exceed $10 billion: Report
- Meta in talks for Scale AI investment that could top $10 billion
- Meta in Talks for Scale AI Investment That Could Top $10 Billion, Bloomberg News Reports
- Meta in talks for Scale AI investment that could top $10 billion, Bloomberg News reports By Reuters
- Meta in talks for Scale AI investment that could top $10 billion, Bloomberg News reports
- Meta is said to weigh multibillion-dollar investment in AI startup Scale AI (META:NASDAQ)
- Adobe Stock: The AI Dream Is Fading Away (NASDAQ:ADBE)
- Broadcom’s Silent AI Takeover Begins (NASDAQ:AVGO)
- SkyCrest Capital Announces Completion of SAX-iCore Upgrade for AI Trading System SkyAlpha X, Secures $150 Million in Institutional Orders
- SkyCrest Capital Announces Completion of SAX-iCore Upgrade for AI Trading System SkyAlpha X, Secures $150 Million in Institutional Orders
- Meta (META) Eyes $10 Billion Investment in Scale AI
- Meta (META) Eyes $10 Billion Investment in Scale AI
- Meta reportedly in talks to invest billions of dollars in Scale AI
- Meta reportedly in talks to invest billions of dollars in Scale AI
- Meta in talks for Scale AI investment that could top $10 billion
- Warren Buffett's AI Bets: 22% of Berkshire Hathaway's $282 Billion Stock Portfolio Is in These 2 Artificial Intelligence Stocks
- 1 Artificial Intelligence (AI) ETF to Buy Hand Over Fist and 1 to Avoid
- Top Artificial Intelligence Stocks To Add to Your Watchlist
- What Apple has to say about AI this week could finally lift its battered stock