Scale AI, a leading data labeling company in the AI industry, has announced a significant restructuring, resulting in the layoffs of 200 employees and 500 global contractors—amounting to 14% of its workforce.

In a landmark move, Meta is investing a reported $14 billion in Scale AI and bringing aboard its 28-year-old CEO, Alexandr Wang, to lead their superintelligence initiatives. This significant investment underscores Meta’s commitment to advancing artificial intelligence technologies.