The layoffs, announced as part of a broader company restructuring, have primarily affected the Generative AI (GenAI) unit. This team has been instrumental in supporting high-profile chatbot projects ...

Artificial intelligence search engine Perplexity has jumped to a valuation of $18bn two months after raising money at a $14bn ...

Scale AI is cutting 14% of its staff just weeks after receiving a $14.3 billion investment from Meta, according to Benzinga.

Mark Zuckerberg dismissed reports of Meta's $100-200 million pay packages for AI talent as inaccurate, but emphasised the market for talent is competitive, adding that it is important to recruit top ...

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

Internal docs show xAI paid contractors to "hillclimb" Grok's rank on a coding leaderboard above Anthropic's Claude.

Meta Platforms is shifting its focus and riding a powerful, bullish trend. Investors should consider the wide range of Meta ...

Scale AI lays off 200 staff amid restructuring, just weeks after Meta's $14.3B investment and CEO Alexandr Wang’s move to ...

Scale AI is cutting 14 percent of its workforce, and will also end work with 500 global contractors, Bloomberg reported. This ...

Vanguard Dividend Appreciation Index Fund offers tech concentration, strong NAV growth, and consistent dividend increases.

As Q2 earnings for the major tech companies get underway, will advances in AI mean reduced headcount at Meta, Microsoft, ...

The move is a bid to catch up with rivals such as OpenAI, Google and Anthropic after the poor performance of the Facebook ...