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Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta.
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Stocktwits on MSNScale AI Reportedly Slashes Workforce After Meta Deal, But Retail Keeps Neutral GroundMeta Platforms Inc.(META) backed Scale AI is reportedly making deep cuts to its workforce, laying off hundreds of employees in a move to slim down its data-labeling division. According to a Bloomberg ...
Meta recently invested $14.3 billion into Scale AI and tried to buy another startup called Safe Superintelligence, as CNBC previously reported.
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AI Start-Ups See New Opportunity After Meta’s Scale AI DealIn the weeks since Meta Platforms made a blockbuster deal with AI firm Scale AI, rival start-ups are sensing opportunity from the tie up. Meta bought 49% of Scale AI for $14 billion. Scale AI’s ...
Meta approached artificial intelligence startup Perplexity AI about a potential takeover bid before ultimately investing $14.3 billion into Scale AI, CNBC confirmed on Friday.
Mark Zuckerberg’s AI hiring spree is costing a lot of money. His investors don’t care. Meta’s stock price shot up over 10 ...
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