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What makes Meta (META) stand out, according to Allen Bond, a portfolio manager at Jensen Investment Management, is that the company isn't just spending more on AI infrastructure and data-center ...
Meta investors will be scrutinizing CEO Mark Zuckerberg’s AI hiring blitz during the company’s second-quarter earnings on ...
Meta CEO Mark Zuckerberg is on a mission for his company to be the first to reach so-called artificial superintelligence — ...
Tapped by Mark Zuckerberg to lead Meta’s most ambitious AI initiative yet, Scale AI founder Alexandr Wang now oversees a ...
The company has already made cost-cutting strides this month, axing about 9,000 employees in its latest round of layoffs.
While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.
Scale AI is cutting 14% of its staff just weeks after receiving a $14.3 billion investment from Meta, according to Benzinga.
Scale AI lays off 200 staff amid restructuring, just weeks after Meta's $14.3B investment and CEO Alexandr Wang’s move to ...
AI data-labeling company Scale AI is laying off 200 employees, following a dramatic month with Meta. Scale AI is cutting 14 percent of its workforce, and will also end work with 500 global contractors ...
Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI data centers for superintelligence, intensifying his pursuit of a ...
Zuckerberg has been on a multibillion-dollar AI hiring spree in recent weeks, highlighted by a $14 billion investment in Scale AI.
Microsoft Employee Criticized for Advertising Xbox Graphics Role Using AI 'Slop' Artwork, Just Weeks After Mass Layoffs Drawing fire.