Following Meta's strategic investment, Scale AI is laying off 14% of its workforce.

Scale AI says rapid hiring for its Generative AI division led to bloat and losses. It's now refocusing on other areas.

Private markets are providing mass investments for artificial intelligence startups and infrastructure. Bloomberg ...

SAN FRANCISCO (Reuters) -Scale AI competitor Micro1 is finalizing a Series A round valuing the startup at $500 million, ...

Meta Platforms (META) aggressively expands its AI capabilities with acquisitions, high-profile hires, and a $29B funding push ...

Tapped by Mark Zuckerberg to lead Meta’s most ambitious AI initiative yet, Scale AI founder Alexandr Wang now oversees a powerhouse team tasked with achieving superintelligence—and outpacing ...

Weeks after Meta poured $14.3 billion into Scale AI and hired founder Alexandr Wang, the artificial intelligence startup is cutting 200 full-time employees, or 14% of its staff.

Meta approached more than a dozen staffers at Mira Murati’s AI startup to discuss joining its new superintelligence lab. One ...

Meta now reaches nearly 3.5 billion users across Facebook, Instagram and other apps. And Mark Zuckerberg says the company's ...

With time, and IPOs, many of today's private AI fortunes will eventually become more liquid, providing a historic opportunity ...

Meta CEO Mark Zuckerberg told investors that his new research lab will focus on building AI models that can learn with ...