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Meta just invested more than $14 billion into data labeling start-up Scale AI, acquiring a 49% equity stake in the process.
Scale AI said it’s cutting 14% of its staff weeks after Meta invested $14.3 billion in the startup and hired a number of top ...
SAN FRANCISCO] Scale AI is laying off hundreds of employees from its data-labelling business, one-month after Meta Platforms ...
Investing.com -- Scale AI is reducing its workforce by 14%, laying off 200 full-time employees from its data-labeling business, just one month after receiving a $14.3 billion investment from Meta ...
Scale AI will lay off 200 staff and 500 contractors just weeks after Meta’s multibillion-dollar investment, amid broader restructuring and concerns over leaked sensitive documents and contractor data.
Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI ...
Last month, the social media giant invested $14.3 billion in Scale AI ( SCAI.PVT) and brought on its CEO, Alexandr Wang, and ...
Meta says the company will channel billions of dollars into constructing multiple huge AI data centres as part of its race ...
"We're calling the first one Prometheus and it's coming online in '26," Zuckerberg wrote on Threads, Meta's social media platform. "We're building multiple more titan clusters ...
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.
The integration of Play AI into Meta is expected to strengthen the tech giant’s capabilities in voice technology, as well as ...