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Zuckerberg published the manifesto on Wednesday morning, after weeks of a poaching frenzy that convinced AI researchers from ...
While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.
Meta Platforms narrows its capital expenditure forecast as it intensifies its AI efforts. The company aims to revitalize its ...
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 ...
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 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.
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.
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.
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.