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Scale AI has recently reduced its workforce. The company laid off 200 full-time employees. This decision follows a $14 billion deal with Meta. The restructuring impacts the Generative AI division.
The backlash to Meta’s $14.3B Scale AI deal reveals a bigger story in the AI world: quality, trust, and precision trump raw volume in Physical AI.
Meta approached artificial intelligence startup Perplexity AI about a potential takeover bid before ultimately investing $14.3 billion into Scale AI, CNBC confirmed on Friday.
This comes after Meta invested $14 billion into Scale AI last month as part of a blockbuster AI deal that included the hiring of Scale's ex-CEO, Alexandr Wang, to lead its new Superintelligence ...
Scale AI joined Meta’s empire in a $14.3 billion deal, with founder Alexandr Wang taking over as Meta’s chief AI officer. Scale AI announces 14% workforce layoff after billion-dollar deal with ...
Artificial intelligence startups have raised a staggering $122B since the beginning of the year, with U.S. deals accounting ...
Scale AI, a private U.S. artificial intelligence company, laid off 14% of staff after tech giant Meta took a $14.3 billion stake and hired its CEO last month.
Scale AI, the data-labelling startup that received a $14.3 billion investment from Meta last month, has laid off approximately 200 full-time employees, which is the equivalent of 14% of its ...
Like other AI startups that have been reverse acqui-hired, such as Inflection, it seems that Scale AI now has to pivot from the business that put it on the map. In light of Meta’s investment ...
Discover global AI spending trends and how countries like the U.S., China, and the U.K. are shaping the future of technology.
In June, Meta finalized a $14.3 billion investment in Scale AI in exchange for hiring its CEO, Alexandr Wang, who will serve as the new lab' head. Scale AI is a startup, which labels data that its ...