The artificial intelligence industry has a big problem: 95% of companies that try AI aren’t making any money from it, according to a report from the Massachusetts Institute of Technology last month.
Not all AI startups fail, but almost all do. A recent MIT study found that 95% of generative AI initiatives deliver zero return on investment. Billions have been spent chasing innovation, only to get ...
This summer, after Meta made a $14 billion investment in Scale AI and poached its 28-year-old founder, Alexandr Wang, and after A-list clients like OpenAI and Google halted work with the startup, a ...
Scale AI shuttered a team of contractors in its Dallas office on Monday, as it shifts towards more technical, expert-level training, the startup confirmed to Business Insider. The cuts mark the latest ...
In the years since OpenAI launched ChatGPT to the world, kicking off the generative AI boom, developers have relied on LMArena (previously Chatbot Arena) as the default AI leaderboard. Now, Scale AI ...
Bilal Abu-Ghazaleh had just moved to London a few days before our call, splitting his time between there and Dubai. After nearly a decade in the U.S., including a stint at Scale AI, he’s bringing that ...
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