Before Meta inked its $14.3 billion investment in Scale AI, its founder had already formed a close relationship with Meta CEO.

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.

A coalition of advocacy organizations is calling on the Federal Trade Commission (FTC) to investigate Meta Platforms Inc.’s ...

Meta Platforms' $14.3 billion acquisition of a 49% stake in artificial intelligence company Scale AI will enable the social platform to foreclose competition in data annotation -- which is key to ...

AI is creating billionaires at unprecedented speed as startups hit multibillion valuations, secondary sales unlock cash, and ...

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

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 is building the world’s smartest AI system, led by top hires from OpenAI, Apple, and Google, with billion-dollar ...