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Scale AI cuts 200 employees on heels of Meta investment

Scale AI Lays Off Hundreds After $14.3B Meta Investment

While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.

NBC New York · 2d

Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang

Scale AI said it’s cutting 14% of its staff weeks after Meta invested $14.3 billion in the startup and hired a number of top staffers.

Mashable on MSN · 2d

Scale AI cuts 200 employees on the heels of Meta investment

Scale AI is cutting 14 percent of its workforce, and will also end work with 500 global contractors, Bloomberg reported. This comes after Scale AI received $14.3 billion of investment from Meta and simultaneously lost its CEO Alexandr Wang to Meta's superintelligence group as part of the deal.

3hon MSN

Meta’s AI Innovations Drive $850 Price Target as Analysts See Strong Q2 Ahead

Meta Platforms, Inc. (NASDAQ: META) is one of the Trending AI Stocks in Focus This Week . On July 16, Canaccord Genuity ...

Meta Platforms Is Going All-In On AI

Meta is making massive AI investments, aiming to become a leading AI powerhouse and compete with OpenAI and other peers. Read ...

Hosted on MSN15d

Meta's AI 'SuperIntelligence' Investment Could Be Its Next Metaverse ...

Meta's $15 billion investment in Scale AI and a new superintelligence lab are its attempts to jump past the efforts of Google, OpenAI, Anthropic, and others.

Nasdaq11mon

Why Meta Stock’s Mega AI Investments Are Likely to Pay Off ... - Nasdaq

There are no guarantees here, but Meta Platforms’ AI investments will probably yield the desired results in the long run. Still, it’s fine for the shareholders to keep tabs on Meta Platforms ...

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