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The company is laying off 200 employees, 14% of its workforce, and ending contracts with 500 global contractors.
Meta itself is projected to spend $65 billion on AI and data centers in 2025, with the Scale AI deal representing nearly a quarter of that budget. At its core is the understanding that annotated ...
With reportedly $300 million pay packages, Mark Zuckerberg's company is dismantling its rivals to fast-track Meta's race to ...
Meta has acquired a 49% stake in Scale AI for $14.3 billion, valuing the data-labeling firm at $29 billion, according to Reuters. The deal brings Scale CEO Alexandr Wang aboard to lead Meta’s ...
OpenAI signs the EU AI Code while Meta rejects it revealing divergent strategies on regulation, market expansion, and the future of global AI governance.
Meta was reportedly pouring more than $10 billion into San Francisco-based Scale AI, and acquires its 28-year-old CEO amid fierce competition in the AI race with rivals such as OpenAI, Google and ...
For Silicon Valley giants, getting ahead in the artificial intelligence race requires more than building the biggest, most ...
Meta and OpenAI have consistently grabbed headlines in last few months, all thanks to the ‘talent war’ between the two. Now, ...
OpenAI has phased out its partnership with Scale AI as part of a long-term strategy to find data suppliers more aligned with its model needs, independent of Meta Platforms' recent investment.
Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for ... Meta makes major investment in Scale AI, ...
Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.
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