Reported 1 day ago
Google, the largest customer of Scale AI, is set to sever its relationship with the data-labeling startup after learning that Meta has acquired a 49% stake in the company. This shift threatens Scale AI's business as other major tech firms, worried about sharing proprietary data with a rival, also reconsider their contracts. Scale AI has been successful, generating $870 million in revenue in 2024, but now faces the risk of losing key clients like Google as competition for AI data labeling heats up.
Source: YAHOO