While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.

A fter spending billions of dollars to recruit top AI talent from rival AI companies, Meta CEO Mark Zuckerberg has shared his ...

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 staffers.

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 ...

The AI data-labeling company is laying off 200 full-time employees and will stop working with 500 contractors.

Meta Platforms shares surged nearly 12% premarket after Q2 earnings and revenue topped Wall Street forecasts, fueled by ...

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.

What happens when one of the world's richest companies decides to go all-in on AI? If you're Mark Zuckerberg, it means ...

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.

The talks took place before Meta finalized a $14.3 billion investment in Scale AI that gives it a 49% stake in the data-labeling startup. Meta and Perplexity didn’t respond to requests for comment.

According to Investor’s Business Daily, Meta's potential investment builds on its prior participation in Scale's $1 billion Series F round in 2024, which valued the firm at $18 billion.