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The move comes just one month after Meta unveiled a plan to invest $14.8 billion in Scale AI, giving Meta a 49 percent stake in the company. That investment valued Scale AI at over $29 billion.
Overview Scale AI, a San Francisco startup, recently celebrated a $14.3 billion investment from Meta Platforms, Inc. META +0.92% Get Free Report ...
Scale AI is cutting 14% of its staff weeks after Meta's $14.3 billion investment in the startup. Interim CEO Jason Droege said in a memo that company ramped up its generative AI capacity "too ...
Meta Platforms is offering nine-figure deals to attract top AI talent; Tesla CEO Elon Musk remains unimpressed by the ...
Meta Platforms Inc. is spending a fortune to assemble the brightest minds in artificial intelligence. Chief Executive Officer ...
Facade with logo at headquarters of Scale AI, San Francisco, California, June 2, 2025. Scale AI is cutting 14% of its staff weeks after Meta's $14.3 billion investment in the startup.
Scale AI is cutting 14% of its staff just weeks after receiving a $14.3 billion investment from Meta, according to Benzinga. Scale AI confirmed it is laying off 200 full-time employees, as ...