Meta’s META investment values the data-labeling AI startup at over $29 billion, that company said in a blog post on Thursday, while Bloomberg reported that the cost of Meta’s investment in Scale AI was $14.3 billion, citing sources. Bloomberg had previously reported that Scale and Meta were in talks.

Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts about Scale’s future.

Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of artificial intelligence rivals.