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Sources: Meta is in talks for a potential multibillion-dollar investment in Scale AI, Meta's largest external AI investment; Scale AI was last valued at ~$14B (Bloomberg)

Bloomberg : Sources: Meta is in talks for a potential multibillion-dollar investment in Scale AI, Meta's largest external AI investme...

7 June 2025

Beijing-based Kuaishou's stock climbs after the company said it expects its video-generation service Kling AI to hit $100M in annual revenue by February 2026 (Bloomberg)

Bloomberg:
Beijing-based Kuaishou's stock climbs after the company said it expects its video-generation service Kling AI to hit $100M in annual revenue by February 2026  —  The nascent service brought in more than 100 million yuan ($14 million) of subscription bookings in both April and May, the company said in a statement.

Posted from: this blog via Microsoft Power Automate.

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