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Scale AI lays off 200 employees, one month after Meta's $14 billion investment — says it scaled up too quickly
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 its employees, claiming that it scaled up its generative AI teams too quickly.
No doubt, OpenAI and Anthropic have helped spur new growth for Microsoft and Amazon.Yet, Meta's decision to branch out beyond ...
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 Platforms is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, Bloomberg News reported on Sunday.
(Reuters) -Meta Platforms is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, Bloomberg News reported on Sunday.
Meta said Thursday it is making a large investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the startup at $29 billion.
For Silicon Valley giants, getting ahead in the artificial intelligence race requires more than building the biggest, most capable models; they’re also competing to get third-party developers to build ...
Mark Zuckerberg’s Meta has reportedly poached one of Apple’s top artificial intelligence researchers as part of its ongoing ...
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