Scale AI lays off 14% of staff, largely in data-labeling business
Scale AI is cutting 14% of the company just weeks after Meta invested $14.3 billion in the startup and hired away its CEO.
Google reportedly plans to cut ties with Scale AI
Metaâs massive investment in Scale AI may be giving some of the startupâs biggest customers pause. Reuters reports that Google had planned to pay Scale AI $200 million this year but is now planning to cut ties with the startup and is having conversations with its competitors.
Scale AI confirms ‘significant’ investment from Meta, says CEO Alexanr Wang is leaving
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the startup at $29 billion.