Meta last month invested $14.3 billion in data labeling startup Scale AI. Scale founder and then-CEO Alexandr Wang joined the ...

What makes Meta (META) stand out, according to Allen Bond, a portfolio manager at Jensen Investment Management, is that the company isn't just spending more on AI infrastructure and data-center ...

Instead of building up in-house artificial intelligence expertise, companies like Meta are on a spending spree hoovering up talent. It's a billion-dollar bet that big pay packages will lead to tech ...

Meta investors will be scrutinizing CEO Mark Zuckerberg’s AI hiring blitz during the company’s second-quarter earnings on ...

Instead of building up in-house artificial intelligence expertise, companies like Meta are on a spending spree hoovering up talent. It's a billion-dollar bet that big pay packages will lead to tech ...

He graduated from a large public university, in the US midwest, and started his career at a tiny Minneapolis boutique ...

On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...

Tapped by Mark Zuckerberg to lead Meta’s most ambitious AI initiative yet, Scale AI founder Alexandr Wang now oversees a ...

The company has already made cost-cutting strides this month, axing about 9,000 employees in its latest round of layoffs.

Multimodal large language model research startup Reka AI Inc. today announced it has raised $110 million in fresh funding ...

Data-labeling startup Scale AI is laying off approximately 200 employees, about 14% of its staff, and ending contracts with ...

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