Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...

Scale AI, a private U.S. artificial intelligence company, laid off 14% of staff after tech giant Meta took a $14.3 billion stake and hired its CEO last month.

Meta said that it expected capex for the year to be between $66bn and $72bn, a slight tweak on a May forecast of $64-72bn.

Scale AI cuts 700 jobs amid restructuring, just weeks after Meta’s investment and data leak concerns shake client confidence.

Jason Droege, the newly appointed CEO of Scale AI, emphasized that the data-labeling firm continues to operate independently from Meta Platforms Inc., despite the company’s recent acquisition of ...

Meta Platforms (META) aggressively expands its AI capabilities with acquisitions, high-profile hires, and a $29B funding push ...

Meta Platforms narrows its capital expenditure forecast as it intensifies its AI efforts. The company aims to revitalize its ...

While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.

Meta Platforms saw its share price jump by nearly 9% after hours, as investors are optimistic about Meta’s strategic ...

Meta Platforms is prowling for partnerships with startups that use artificial intelligence to create and edit videos, as the ...

Meta approached artificial intelligence startup Perplexity AI about a potential takeover bid before ultimately investing $14.3 billion into Scale AI, CNBC confirmed on Friday.