Scale AI sues former employee Eugene Ling and his current employer, Mercor, one of Scale's key competitors, for allegedly stealing 100+ confidential documents
Hayden Field / The Verge :
A look at Scale AI rival Surge AI, which raised no outside capital, told staff it had $1B+ in 2024 revenue, vs. Scale's $870M, and has always been profitable
The Information : X: @amir and @jessicalessin X: Amir Efrati / @amir : Alex Wang timed his exit perfectly. Scale AI was being beaten by a startup rival that never raised VC and was profitable the who...
Scale AI rivals like Snorkel AI, Labelbox, and Turing report a surge in interest from clients worried about Scale's independence after Meta's $14.3B investment
Bloomberg :
Sources: Google, Scale AI's largest customer, plans to cut ties with the company after the Meta deal; Microsoft, OpenAI, and xAI also plan to step back
Alphabet's (GOOGL.O) Google, the largest customer of Scale AI, plans to cut ties with Scale after news broke that rival Meta (META.O) …
Meta announces a $14.3B investment in Scale AI and hires CEO Alexandr Wang to help oversee its AI efforts; source: Scale AI's post-money valuation is $29B
Meta said Thursday that it has backed Scale, without including details. The size of the investment was $14.3 billion, according to a person familiar with the matter.
Sources: Meta agrees to take a 49% stake in Scale AI for $14.8B, in a deal that gives cash to Scale's shareholders and makes Alexandr Wang a top Meta executive
Cory Weinberg / The Information :
Lumos, which helps companies manage employees' identities and access to apps and systems, raised a $35M Series B led by Scale, taking its total funding to $65M+
Andrej Safundzic, Alan Flores Lopez and Leo Mehr met in a class at Stanford focusing on ethics, public policy and technological change.
Source: a breakthrough spearheaded by OpenAI chief scientist Ilya Sutskever enabled a model that could solve basic math problems, stoking excitement and concern
You are probably sick of hearing about OpenAI palace intrigue … Anton Shilov / Tom's Hardware : OpenAI Is Close to AI Breakthrough That Could Threaten Humanity: Report Kate Seamons / Newser : Reuters:...
A profile of Alexandr Wang, a co-founder of Scale AI, which outsources ~240K workers via its subsidiary Remotasks to label the data used to train AI systems
hundreds of thousands of them — powering AI. https://www.forbes.com/... https://twitter.com/... @ycombinator : “There's two things I deeply believe. One, AI is a huge force for good, and it needs to b...
Scale AI, which labels data for ML algorithms and was valued at $7.3B in April 2021, lays off 20% of its staff; the startup had ~450 employees in February 2022
Today I have to announce the hardest change I've ever had to make at Scale. The Economic Times : Software firm Scale AI lays off 20% of workforce