News

While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.
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 ...
Scale AI is cutting 14 percent of its workforce, and will also end work with 500 global contractors, Bloomberg reported. This ...
Meta investors will be scrutinizing CEO Mark Zuckerberg’s AI hiring blitz during the company’s second-quarter earnings on ...
In the latest development, Meta's doubled down on its AI strategy with a $14.3 billion investment into Scale AI in exchange for a 49% stake in the start-up.
Scale AI has been valued at more than $29 billion after a significant investment from Meta Platforms that will see its founder, Alexandr Wang, join the social-media giant to work on its AI efforts.
Meta is on the brink of finalizing a groundbreaking $15 billion investment in Scale AI, marking its largest external investment to date. This move grants Meta a 4 9% stake in Scale AI, a company ...
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’s $14.3 billion investment in Scale AI, the leading player in the AI data industry, was a very strange deal indeed. Meta acquired 49% of the company in the deal announced last Thursday.
Meta's $15 billion investment in Scale AI and a new superintelligence lab are its attempts to jump past the efforts of Google, OpenAI, Anthropic, and others.
Scale AI has been valued at more than $29 billion after a significant investment from Meta Platforms META -1.46% that will see its founder, Alexandr Wang, join the social-media giant to work on ...