Meta reports second-quarter earnings after Wednesday’s closing bell, with investors focused on the Facebook parent’s ability to monetize AI through advertising and beyond.

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 ...

Meta investors will be scrutinizing CEO Mark Zuckerberg’s AI hiring blitz during the company’s second-quarter earnings on ...

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 ...

Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts about Scale’s future.

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 ...

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.

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.

AI Meta Investing $14.8B In Scale AI, Looks To Build ‘Superintelligence’: Reports By Joseph F. Kovar June 10, 2025, 4:06 PM EDT ...