The company is laying off 200 employees, 14% of its workforce, and ending contracts with 500 global contractors.

Neutrality is no longer optional—it’s essential.” These words from Turing CEO Jonathan Siddharth, cited by WinBuzzer, echo across the AI sector as Scale AI’s abrupt layoffs and restructuring ripple ...

After leading market gains last year, artificial intelligence (AI) stocks are at it again. These high-growth stocks resumed ...

The Scale AI layoffs have been explained as a way to counter the results of ramping up the business’ GenAI capacity too ...

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

Scale AI is laying off 14 percent of its full-time workforce just a month or so after Meta invested $14.8 billion in the AI data labeling company.

Scale AI, the AI industry’s chief data dealer, will lay off 14 percent of the company, or about 200 employees, just one month after Meta took a multibillion-dollar stake in the company and hired its ...

Scale AI announced a 14% workforce layoff despite recently securing a billion-dollar deal to join Meta's empire.

During the summit held in Pittsburgh, Pennsylvania on July 15, companies promised new data centers, new jobs, cybersecurity ...

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

This comes after Meta invested $14 billion into Scale AI last month as part of a blockbuster AI deal that included the hiring ...

A $8 billion-dollar class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders begins Wednesday.