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Scale AI lays off 200 employees, ‘We ramped up our GenAI capacity too quickly’
Meta acquired nearly half of Scale AI.
The layoffs include 500 of its global contractors, Scale spokesperson Joe Osborne told The Verge, adding that it’s all part of a broader restructuring as the company commits to streamlining its data business. The news comes amid a major shake-up in the AI industry as mergers and acquisitions, quasi acqui-hires, and defections from one startup to another run rampant. Last month, Meta paid $14.3 billion for a 49 percent stake in Scale AI and also launched a superintelligence lab helmed by the company’s former CEO, Alexandr Wang.
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