News

Scale AI blames overhiring and market shifts for layoffs and says it's not profitable
Scale AI says rapid hiring for its Generative AI division led to bloat and losses. It's now refocusing on other areas.
Zuckerberg's Meta Superintelligence Labs poaches top AI talent in Silicon Valley
The move is a bid to catch up with rivals such as OpenAI, Google and Anthropic after the poor performance of the Facebook ...
San Francisco AI company lays off 200 after Meta's multibillion-dollar deal
Weeks after Meta invested $14.3 billion into Scale AI and tapped its founder to lead its new AI initiative, the startup is ...
Scale AI just laid off 14% of its workforce: read the full email the interim CEO just sent employees
Following Meta's strategic investment, Scale AI is laying off 14% of its workforce.
Meta’s Latest AI Gamble: Building Two Massive Data Centres to Achieve Superintelligence
Many of Meta’s competitors have multi-gigawatt sites planned, including Oracle, Google, OpenAI, and Amazon. TechRepublic ...
Meta's Zuckerberg pledges hundreds of billions for AI data centers in superintelligence push
Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI ...
Stocktwits on MSN3d
Meta Bets Billions On Large-Scale AI Clusters Comparable To Manhattan Blocks
Meta Platforms Inc.(META) is ramping up its bid to create superintelligence through massive investments in computing power ...
Investor's Business Daily on MSN2d
Meta Stock Gets Price Target Boost But Will Need To 'Make A Case' For Growing AI Costs
A Meta stock analyst said Zuckerberg's AI spending pledge signals confidence but company needs to "make a case" for returns.