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As Q2 earnings for the major tech companies get underway, will advances in AI mean reduced headcount at Meta, Microsoft, Google and more?
A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.
The layoffs affect the company's data-labelling division and are part of a strategy to streamline operations amid shifting ...
As Meta Platforms shifts focus and rides a bullish trend, investors should formulate a strategy for all likely outcomes. 24/7 ...
Rowan Street Capital, an investment management company, released its second-quarter 2025 investor letter. A copy of the ...
Despite laying off thousands, big tech companies are spending vast amounts to attract top AI talent, driving salaries to unprecedented levels in a fierce recruitment battle.
After leading market gains last year, artificial intelligence (AI) stocks are at it again. These high-growth stocks resumed ...
The Scale AI layoffs have been explained as a way to counter the results of ramping up the business’ GenAI capacity too ...
Scale is cutting 200 full-time staffers, or 14% of the workforce, and around 500 contractors, spokesperson Natalia Montalvo told SFGATE on Wednesday, confirming a report from Bloomberg. Employees ...
Meta is making massive AI investments, aiming to become a leading AI powerhouse and compete with OpenAI and other peers. Read ...
Scale AI is laying off 14 percent of its full-time workforce just a month or so after Meta invested $14.8 billion in the AI data labeling company.
Scale AI, the AI industry’s chief data dealer, will lay off 14 percent of the company, or about 200 employees, just one month after Meta took a multibillion-dollar stake in the company and hired its ...
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