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Scale AI said it’s cutting 14% of its staff weeks after Meta invested $14.3 billion in the startup and hired a number of top staffers.
Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta.
Zinger Key Points Alexandr Wang is the co-founder and former CEO of Scale AI. Wang is the youngest self-made billionaire and worth even more with a recent Meta Platforms investment into his company.
While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.
On June 12, Alexandr Wang stepped down as Scale’s CEO to chase his most ambitious moonshot yet: building smarter-than-human AI as head of Meta’s new “superintelligence” division.
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Benzinga on MSNScale AI Slashes 14% Of Workforce After Meta's $14 Billion InvestmentScale AI is cutting 14% of its staff just weeks after receiving a $14.3 billion investment from Meta, according to Benzinga. Scale AI confirmed it is laying off 200 full-time employees, as Alexandr ...
Tapped by Mark Zuckerberg to lead Meta’s most ambitious AI initiative yet, Scale AI founder Alexandr Wang now oversees a ...
Alexandr Wang said there were two things he never delegated at Scale AI. The founder and CEO said he personally approved every hire and reviewed customer data before it was sent out. Wang made ...
A fter spending billions of dollars to recruit top AI talent from rival AI companies, Meta CEO Mark Zuckerberg has shared his ...
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MoneyWeek on MSNAlexandr Wang: the AI wunderkind who takes his seat at MetaAlexandr Wang became the world’s youngest self-made billionaire by exploiting a niche in the booming AI market. Now Mark ...
Booth is a reporter at TIME. Scale AI co-founder Alexandr Wang While AI model makers often get the spotlight, Scale AI has quietly built its reputation on data annotation. With support from over ...
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.
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