Topic: scale ai
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Scale AI Sues Ex-Employee Over Corporate Espionage
Scale AI has sued a former employee, Eugene Ling, for allegedly stealing confidential documents and engaging in corporate espionage. The lawsuit claims Ling transferred sensitive files to a competitor, Mercor, and attempted to poach a major client while still employed at Scale. This case reflects...
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Micro1 Raises $500M at $500M Valuation to Rival Scale AI
Micro1, an AI data services startup, raised $35 million in Series A funding at a $500 million valuation, led by O1 Advisors, amid growing demand for high-quality training data. The company is experiencing rapid growth, with annual recurring revenue increasing from $7 million to $50 million, and i...
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Meta Shifts Focus, Downsizes AI Research Team
Meta is cutting about 600 jobs in its Fundamental AI Research (FAIR) unit and shifting focus to its new superintelligence team, TBD Lab, to prioritize advanced AI initiatives. The layoffs follow a period of aggressive hiring and a $14.3 billion investment in Scale AI, with the company now restruc...
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Meta's Midjourney Partnership: AI's Next Big Leap
Meta has partnered with AI startup Midjourney to integrate its advanced aesthetic and generative capabilities into Meta's AI models and products. Midjourney, known for text-to-image and video generation, will remain independent while collaborating with Meta to enhance visual and multimodal AI sys...
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