Jason Droege

Scale AI, a San Francisco startup, recently celebrated a $14.3 billion investment from Meta Platforms, Inc. (NASDAQ:META). Shortly afterward, it laid off 14% of its total staff. The Details: The artificial intelligence company confirmed Wednesday that it is reducing its workforce by 200 full-time...

Meta Platforms, Inc. (NASDAQ:META) has made a strategic minority investment in Scale AI, valuing the company at over $29 billion, as part of a broader partnership to accelerate AI development. What Happened: On Thursday, Scale AI confirmed the development. The deal includes a major leadership...