Scale AI cuts 700 jobs month after Meta’s investment, cites Gen AI-related restructuring

Scale AI cuts 700 jobs month after Meta’s investment, cites Gen AI-related restructuring

Nearly a month after Meta invested $14.3 billion in Scale AI for a 49 per cent stake, the latter seems to have let go of a large part of its workforce. The company, which is known to be a training data provider for AI companies, has reportedly fired 14 per cent of its workforce, which […]

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Sam Altman says Meta offered 0 million bonuses to OpenAI employees

Sam Altman says Meta offered $100 million bonuses to OpenAI employees

OpenAI CEO Sam Altman said that Meta has offered his employees bonuses of $100 million to recruit them, as the tech giant seeks to ramp up its artificial intelligence strategy. The alleged attempts by Meta to hire OpenAI staffers are the latest signs of a frenzy to hire top engineers to develop AI models, and […]

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