Artificial intelligence chip startup Groq Inc. is set to raise about $600 million in a new funding round that gives the ...

Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta.

Meta’s $14.3 billion investment in Scale AI, the leading player in the AI data industry, was a very strange deal indeed. Meta acquired 49% of the company in the deal announced last Thursday.

The drama centers on Scale AI, a startup whose business is providing high-quality training data for AI models. Its largest customer, Google, is now planning to cut ties after rival Meta took a ...

OpenAI is phasing out its work with Scale AI and cutting ties with the data provider following Meta’s deal with the startup, an OpenAI spokesperson told Bloomberg on Wednesday.

An investment from a major AI competitor like Meta throws that relationship into doubt. BI spoke to 10 Scale AI contractors, who said several projects from Meta's AI competitors have been put on ice.

. If finalized, the deal would rank among the largest private funding rounds in tech history, Bloomberg reports. San Francisco-based, Scale AI plays a pivotal role in the artificial intelligence ...

The deal, announced on Thursday, was Meta's second-largest investment to date. It gives the owner of Facebook a 49% nonvoting stake in Scale AI, which uses gig workers to manually label data and ...

Scale was worth $14 billion before the deal. Scale AI intends to keep its business running while its CEO, Alexandr Wang, along with a few employees, move over to Meta.

Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's CEO will test how the Trump administration views so-called acquihire deals, which some have ...