Scale AI lays off 200 employees, one month after Meta's $14 billion investment — says it scaled up too quickly
In an industry famed for moving fast and breaking things, it’s odd to hear ofanyoneslowing down. But just a few weeks on from Meta investing $14.3 billion in data annotation firm, Scale AI, it’s laying off over 200 staff and 500 of its global contractors,The Verge reports. Although this may amount to classic efficiency savings when two large firms merge their efforts, the CEO claims that it’s because “we ramped up our GenAI capacity too quickly over the past year....