Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang

Weeks after Meta poured $14.3 billion into Scale AI and hired founder Alexandr Wang, the artificial intelligence startup is cutting 200 full-time employees, or 14% of its staff. Scale AI's interim CEO Jason Droege, who took over for Wang, told employees in a memo on Wednesday that the startup ramped up its generative AI capacity "too quickly" and created too many layers of "excessive bureaucracy." He said Scale AI remains a well-resourced and well-funded company."These changes will make us more nimble — ena ...