As Meta slashes 5% of its workforce and doubles down on AI investments, ... The post Meta Cuts Workforce And Amps Up AI Investment. ... Broader Impact And Implications For Media Companies.

Meta: Investment in Scale AI Underscores the Value of Data in Large Language Model Development ... We don't view these investments as having an impact on our $770 fair value estimate for wide-moat ...

Meta's Key Challenges. The decelerating growth of the U.S. economy is expected to negatively impact Meta's digital ad revenue. Further, the investment bank believes that Meta is trailing its peers ...

Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech.

Meta will hold a minority stake in Scale AI after the investment deal closes. Tech industry veteran and investor Jason Droege, a co-founder of Uber Eats food delivery platform, will take over as ...