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 percent of its workforce, and will also end work with 500 global contractors, Bloomberg reported. This ...

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. But there are serious questions over ...

Scale AI is laying off hundreds of employees from its data-labeling business, one month after Meta Platforms Inc. invested $14.3 billion in the startup and hired away its chief executive officer.

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.

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.

On June 8, Bloomberg reported that Meta is in discussions to invest over $10 billion in Scale AI, citing unnamed sources. Scale AI is a fast-growing startup specializing in data infrastructure for ...

Scale AI is cutting 14% of its staff weeks after Meta's $14.3 billion investment in the startup. Interim CEO Jason Droege said in a memo that company ramped up its generative AI capacity "too ...

Alex Ratner, CEO of Snorkel AI, received dozens of inquiries from potential customers after Meta Platforms Inc. invested $14.3 billion in rival data-labeling startup Scale AI, resulting in "tens ...

Scale AI’s 28-year-old founder, Alexandr Wang, will leave Scale to lead Meta’s “superintelligence” team. Meta likely values Wang’s experience in building a multibillion-dollar AI business.

Scale AI announced a "significant" new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.