Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta.

Meta Platforms (NASDAQ:META) has discussed a partnership with AI video company Pika and a possible acquisition or a deal to license Pika’s technology, according to a Thursday report by The Information ...

Meta said that it expected capex for the year to be between $66bn and $72bn, a slight tweak on a May forecast of $64-72bn.

Scale AI has recently reduced its workforce. The company laid off 200 full-time employees. This decision follows a $14 billion deal with Meta. The restructuring impacts the Generative AI division. Key ...

Meta recently invested $14.3 billion into Scale AI and tried to buy another startup called Safe Superintelligence, as CNBC previously reported.

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 ...

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.