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Meta just invested more than $14 billion into data labeling start-up Scale AI, acquiring a 49% equity stake in the process.
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Tom's Hardware on MSNScale AI lays off 200 employees, one month after Meta's $14 billion investment — says it scaled up too quicklyJust one month on from Meta investing an alleged $15 billion in data annotation firm, Scale AI, and it's letting go of 200 of ...
Meta is reportedly investing nearly $15 billion in the data-labeling firm Scale AI and taking a 49% stake in the startup, while also bringing on CEO Alexandr Wang to help lead a new ...
Facebook parent Meta (META) is spending billions of dollars to grab the lead in the AI race, building out the data centers ...
Scale AI lays off 200 staff amid restructuring, just weeks after Meta's $14.3B investment and CEO Alexandr Wang’s move to ...
Zuckerberg has been dangling $100+ million compensation packages in an effort to lure top talent from OpenAI, with mixed ...
Scale AI co-founder Alexandr Wang is such an enthusiastic networker that his former roommate — OpenAI Chief Executive Officer Sam Altman — once jokingly told him to tone it down a bit.
Meta recruits Scale AI’s Alexandr Wang in a $14.3 billion deal to lead a 50-person team focused on building artificial superintelligence.
Scale AI Inc. says its founder and Chief Executive Alexandr Wang is leaving to join Meta Platforms Inc., after confirming that the social media giant has made a “significant” investment in the ...
Wang owns an estimated 14% of Scale AI and became the world's youngest self-made billionaire. Today, Wang is worth $3.6 billion according to estimates from Forbes .
Meta’s top executives have reportedly considered “de-investing” in the company’s Llama generative AI, according to a New York Times report on Friday. Instead, the Facebook parent may turn to AI models ...
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