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While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.
Scale AI is cutting 14 percent of its workforce, and will also end work with 500 global contractors, Bloomberg reported. This ...
Scale AI has been valued at more than $29 billion after a significant investment from Meta Platforms that will see its founder, Alexandr Wang, join the social-media giant to work on its AI efforts.
In the latest development, Meta's doubled down on its AI strategy with a $14.3 billion investment into Scale AI in exchange for a 49% stake in the start-up.
Meta is on the brink of finalizing a groundbreaking $15 billion investment in Scale AI, marking its largest external investment to date. This move grants Meta a 4 9% stake in Scale AI, a company ...
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts about Scale’s future.
Meta’s $14.3 billion investment in Scale AI, the leading player in the AI data industry, was a very strange deal indeed. Meta acquired 49% of the company in the deal announced last Thursday.
AI Meta Investing $14.8B In Scale AI, Looks To Build ‘Superintelligence’: Reports By Joseph F. Kovar June 10, 2025, 4:06 PM EDT ...
Meta effort to revamp AI takes shape with reported $14.3 billion investment in Scale AI Scale founder to join Meta and work on AI By Barbara Kollmeyer Published: June 13, 2025 at 4:46 a.m. ET Share ...
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.
Scale AI has been valued at more than $29 billion after a significant investment from Meta Platforms that will see its founder, Alexandr Wang, join the social-media giant to work on its AI efforts.