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Before Meta inked its $14.3 billion investment in Scale AI, its founder had already formed a close relationship with Meta CEO.
A coalition of advocacy organizations is calling on the Federal Trade Commission (FTC) to investigate Meta Platforms Inc.’s ...
Following Meta's strategic investment, Scale AI is laying off 14% of its workforce.
AI is creating billionaires at unprecedented speed as startups hit multibillion valuations, secondary sales unlock cash, and ...
Scale AI says rapid hiring for its Generative AI division led to bloat and losses. It's now refocusing on other areas.
At Meta, a chaotic culture and lack of vision have led to brain drain, with rivals saying its AI talent is lackluster. But ...
Meta Platforms' $14.3 billion acquisition of a 49% stake in artificial intelligence company Scale AI will enable the social platform to foreclose competition in data annotation -- which is key to ...
AI billionaire Lucy Guo, founder of creator monetization platform Passes, says AI will work alongside humans rather than ...
Private markets are providing mass investments for artificial intelligence startups and infrastructure. Bloomberg ...
Meta Platforms (META) aggressively expands its AI capabilities with acquisitions, high-profile hires, and a $29B funding push ...
Weeks after Meta poured $14.3 billion into Scale AI and hired founder Alexandr Wang, the artificial intelligence startup is cutting 200 full-time employees, or 14% of its staff.