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 ...

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

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 ...

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

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

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

Mark Zuckerberg on Monday said he plans to invest “hundreds of billions of dollars” into artificial intelligence ...

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

Just one month on from Meta investing an alleged $15 billion in data annotation firm, Scale AI, and it's letting go of 200 of ...

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

META's stock soars 50% since April, driven by resilient ad growth, AI advancements, and new revenue channels like Threads.