Scale AI Cuts 14% of Workforce Amid Shift from Data-Labeling Business
Scale AI has announced that it is laying off 200 employees, roughly 14% of its workforce, and severing ties with 500 global contractors.
Scale AI
Google and Microsoft Reconsider Ties with Scale AI After Meta’s $14 Billion Investment
Meta’s decision to invest nearly $14.3 billion for a 49 percent stake in Scale AI is causing concern among some of the startup’s biggest clients.
Scale AI Confirms Meta Investment as CEO Alexandr Wang Steps Down
Scale AI confirmed on Friday that it has received a “significant” investment from Meta, securing approximately $14.3 billion for a 49 percent stake.
Meta has reportedly acquired a 49 percent stake in Scale AI
Meta has reportedly acquired a 49 percent stake in Scale AI for approximately $14.8 billion, marking its largest ever external investment.