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While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.
Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta.
Facade with logo at headquarters of Scale AI, San Francisco, California, June 2, 2025. Scale AI is cutting 14% of its staff weeks after Meta's $14.3 billion investment in the startup.
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.
Facade with logo at headquarters of Scale AI, San Francisco, California, June 2, 2025. Scale AI is cutting 14% of its staff weeks after Meta's $14.3 billion investment in the startup.
Jason Droege, Scale’s current chief strategy officer, will hop in as interim CEO. Scale AI noted that Meta’s investment will be used to pay investors and shareholders, as well as to fuel growth.
Meta’s massive investment in Scale AI may be giving some of the startup’s biggest customers pause. Reuters reports that Google had planned to pay Scale AI $200 million this year but is now ...
Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as interim CEO as founder Alexandr Wang joins Meta's internal AI team.
Meta is reportedly set to invest $15 billion to acquire a 49% stake in Scale AI, in a deal that would make Scale CEO Alexandr Wang head of the tech giant’s new AI unit dedicated to pursuing ...