SAN FRANCISCO] Scale AI is laying off hundreds of employees from its data-labelling business, one-month after Meta Platforms ...

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 ...

Meta just invested more than $14 billion into data labeling start-up Scale AI, acquiring a 49% equity stake in the process.

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

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.

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

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

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 ...

The deal follows Google’s $2.4 billion investment in Windsurf, an A.I. start-up, as companies race to gain technological talent and provide A.I. tools.

The next 18 months will be pivotal. If Meta delivers a model that rivals or surpasses ChatGPT, the investment could yield ...