Scale AI lays off 14% staff after Meta gains 49% stake

Adrian Bogdan

July 16 (UPI) -- Scale AI, a private U.S. technology company that helps develop artificial intelligence applications, on Wednesday laid off 14% of its staff after tech giant Meta took a $14.3 billion 49% stake and hired its CEO last month. Jason Droege, who became interim CEO after the departure of founder Alexandr Wang, told employees in an email that "we ramped up our GenAI capacity too quickly over the past year. While that felt like the right decision at the time, it's clear this approach

Scale AI lays off 14% staff after Meta gains 49% stake https://www.upi.com - 17.07.2025 03:45

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Scale AI lays off 14% staff after Meta gains 49% stake https://www.upi.com - 17.07.2025 03:45