AI/Emerging Tech
Meta strikes licensing deal with Midjourney
Last month, Meta struck a deal to acquire PlayAI, a voice technology startup.
Explore the latest news, in-depth reports, and executive analysis tagged with #Alexandr Wang.
Last month, Meta struck a deal to acquire PlayAI, a voice technology startup.
The restructuring will make Scale AI more nimble; and allow it to serve the customers better, the company's interim CEO Jason Droege wrote to employees.
Ruoming Pang had joined Apple in 2021 and in his current role was leading the foundation model team at the tech giant.
Google had planned to invest about $200 million in Scale AI, but Meta's investment in the data-labeling startup may have given it cold feet.