Meta invests $14.3 billion in Scale AI

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Scale AI Lay's Off Hundreds

Scale AI lays off 200 employees, one month after Meta's $14 billion investment — says it scaled up too quickly

Just one month on from Meta investing an alleged $15 billion in data annotation firm, Scale AI, and it's letting go of 200 of its employees, claiming that it scaled up its generative AI teams too quickly.

The American Bazaar · 2d

Scale AI announces 14% layoffs following Meta investment

Scale AI lays off 200 staff amid restructuring, just weeks after Meta's $14.3B investment and CEO Alexandr Wang’s move to Meta’s superintelligence team.

TechRepublic · 2d

Scale AI Lays Off Hundreds After $14.3B Meta Investment

While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.

5don MSN

Meta's Zuckerberg pledges hundreds of billions for AI data centers in superintelligence push

Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI ...

Meta CEO Mark Zuckerberg touts AI build-out, says company will spend hundreds of billions on data centers

Last month, the social media giant invested $14.3 billion in Scale AI ( SCAI.PVT) and brought on its CEO, Alexandr Wang, and ...

The American Bazaar10d

Meta invests $3.5 billion in Ray-Ban-maker EssilorLuxottica

Meta deepens its AI wearables push with a $3.51 billion stake in EssilorLuxottica, aiming to expand smart glasses production and strengthen its superintelligence team.

Google Invests $2.4 Billion in AI Coding, Taps Windsurf CEO Varun Mohan

Google infuses $2.4B into AI coding, appointing Windsurf CEO Varun Mohan to lead the initiative aiming to revolutionize ...

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Scale AI Lay's Off Hundreds