The AI data-labeling company is laying off 200 full-time employees and will stop working with 500 contractors.

Following Meta's strategic investment, Scale AI is laying off 14% of its workforce.

For Silicon Valley giants, getting ahead in the artificial intelligence race requires more than building the biggest, most capable models; they’re also competing to get third-party developers to build ...

Meta has acquired Play AI, a startup that uses AI to generate human-sounding voices. A Meta spokesperson has confirmed the ...

Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI ...

Meta’s core ad business remains dominant, and its AI and messaging ambitions are bold, but these bring higher expectations ...

Google, Meta, and CoreWeave lead an expected $90 billion wave of AI and energy investments in Pennsylvania, marking a shift ...

Meta said it planned to spend $60–65 billion in AI-related capital expenditures this year — up from $35–40 billion in 2024.

META's stock soars 50% since April, driven by resilient ad growth, AI advancements, and new revenue channels like Threads.

President Donald Trump on Tuesday announced an investment of more than $90 billion from private companies across tech, energy and finance to turn Pennsylvania into a hub for artificial intelligence — ...

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

Scale AI, founded in 2016, has been a key player in training data pipelines for companies like OpenAI, Meta, and the US Department of Defense. The company cut 200 full-time employees, about 14% of its ...