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 ...

The company is laying off 200 employees, 14% of its workforce, and ending contracts with 500 global contractors.

Meta is making massive AI investments, aiming to become a leading AI powerhouse and compete with OpenAI and other peers. Read ...

Meta has acquired Play AI, a startup that uses AI to generate human-sounding voices. A Meta spokesperson has confirmed the ...

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

Scale AI is laying off 14 percent of its full-time workforce just a month or so after Meta invested $14.8 billion in the AI data labeling company.

Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI ...

This comes after Meta invested $14 billion into Scale AI last month as part of a blockbuster AI deal that included the hiring ...

Scale AI says rapid hiring for its Generative AI division led to bloat and losses. It's now refocusing on other areas.

Meta said it planned to spend $60–65 billion in AI-related capital expenditures this year — up from $35–40 billion in 2024.

Meta CEO Mark Zuckerberg announced on Monday that the company will channel hundreds of billions of dollars into constructing multiple huge AI data centres as part of its race toward superintelligence.

During the summit held in Pittsburgh, Pennsylvania on July 15, companies promised new data centers, new jobs, cybersecurity ...