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The Latest Breaking News from Scale AI

Mercor CEO Brendan Foody Calls It 'A New Category Of Work' As His $10 Billion Company Pays Humans Over $1.5 Million A Day To Train AI

Mercor is paying more than $1.5 million a day to people training artificial intelligence systems.

Benzinga

AI Spending Is Shifting — And Broadcom, Marvell Are Positioned To Win

AI datacenters are quietly entering a new phase, and it could reshape which companies benefit most from the next wave of spending. That's according to Sri Kanajan, a data scientist at Scale AI and former senior data scientist at Meta Platforms Inc (NASDAQ:META), who joined a JPMorgan-hosted call to break…

Benzinga

Not a 'Zombie Company': Scale AI's CFO Says People 'Mischaracterize' Deal That Sparked Founder Joining Meta, Boasts Misunderstood Trajectory

The artificial intelligence industry was sent into a tailspin in June when Meta announced a staggering $14.3 billion investment in Scale AI. The deal, widely seen as an elaborate scheme to hire the startup’s founder Alexandr Wang and key personnel, CNBC reported, left observers questioning whether the company could survive.

Benzinga

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Move Over Zuckerberg: Three 22-Year-Olds Just Became The Youngest Self-Made Billionaires In History — Thanks To An AI Hiring Startup

Three 22-year-old high school friends are now the world's youngest self-made billionaires, according to Forbes. Their San Francisco-based artificial intelligence hiring startup, Mercor, recently raised $350 million in funding led by Felicis Ventures, valuing the company at $10 billion.

Benzinga

Billionaire bosses like Jeff Bezos and Reid Hoffman denounce work-life balance—and some think working nonstop is key to success

Jeff Bezos hates the word ‘balance’—and he’s not alone. Reid Hoffman says chasing it means you’re not serious about winning, while other billionaire CEOs argue it’s incompatible with success.

Fortune

9 Entrepreneurs from Non-Hollywood Backgrounds Who’re Worth More Than $20M

Hollywood often dominates stories of wealth and fame, but some of the most inspiring fortunes come from people building quietly in other industries. These are self-made entrepreneurs who didn’t rely on glitzy media exposure or celebrity status. Instead, they scaled real businesses, solved practical problems, and amassed fortunes often exceeding…

Plunged in Debt

Scale AI Co-Founder Alexandr Wang Says Even His $3.2 Billion Success Won't Matter Soon: 'Literally All The Code I've Written Will Be Produced By AI'

Artificial intelligence could soon replace even the work of top programmers, with models able to reproduce everything he has written within the next five years, Scale AI co-founder Alexandr Wang warned.

Benzinga

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Gen Z billionaire Alexandr Wang tells 13-year-olds they should be more like Bill Gates, who snuck out of the house to code at night

“When personal computers first came about, the people who spent the most time with it and grew up with it had this immense advantage in the future economy,” Wang said.

Fortune

Meta Wins EU Approval For AI Joint Venture With Reliance

The European Commission approved a joint venture between Meta Platforms (NASDAQ: META) and Reliance Industries Limited of India, under the EU Merger Regulation. The partnership will focus on enterprise artificial intelligence services.

Benzinga

Zuckerberg's AI Lab Has 'Few Seats on the Boat'—Who Gets In, and Why It's So Limited

Mark Zuckerberg outlines Meta's elite 'superintelligence' lab as a small, flat, deadline-free team pursuing AGI, reinforced by a major Scale AI deal that brings Alexandr Wang to Meta and ramps up top-tier recruiting.

International Business Times UK

Scale AI Rival Micro1 Hits $50M Revenue At Age 3 As 24-Year-Old CEO Ali Ansari Lands $35M From Twitter's Ex-Executives

Micro1 announced late last week that it secured a $35 million Series A round that valued the company at $500 million, with 24-year-old CEO Ali Ansari leading the startup. The funding was led by 01 Advisors, a venture capital firm co-founded by former Twitter CEO Dick Costolo and former Twitter…

Benzinga

Harvard Dropouts Behind Mercor Target $10 Billion Valuation As Startup Supplying OpenAI, Tesla And Nvidia Hits $450 Million Run Rate

Mercor, a startup connecting domain experts to technology giants like OpenAI, Meta (NASDAQ:META), and Tesla (NASDAQ:TSLA), is in discussions with investors for a Series C round that could value the company at more than $10 billion, according to TechCrunch.

Benzinga

San Francisco Probes Scale AI Over Labor Practices After $14 Billion Meta Deal, Raising Questions On Gig Worker Rights In AI Boom: Report

San Francisco is investigating Scale AI's labor practices just months after Meta Platforms Inc. (NASDAQ:META) bought nearly half of the artificial intelligence startup in a $14 billion deal, casting new attention on how tech's fastest-growing firms treat the workers powering their models.

Benzinga

Lucy Guo, Billionaire Behind Scale AI, Launches Passes For Celebs Like Olivia Dunne And Bella Thorne To Transform Creator Economy

Lucy Guo, the 30-year-old billionaire who co-founded Scale AI with Alexandr Wang, is now focusing her energy on a new business in the crowded creator subscription market.

Benzinga

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Benzinga

Peter Thiel-Backed Fellows' Startup Mercor Targets $10 Billion Valuation As OpenAI, Meta, Tesla Turn To Its AI Training Experts: Report

Mercor, founded by three Thiel Fellows who dropped out of Harvard, is reportedly pursuing a Series C funding round targeting a $10 billion valuation amid surging demand from artificial intelligence companies for specialized training experts.

Fortune

Cohere says its goal is "ROI not AGI" as it looks to shake underdog status with a key hire from Meta, a new CFO, and a $7 billion valuation

The Toronto startup wants to prove it’s more than a national champion. With former Meta AI exec Joelle Pineau on board and a $7 billion valuation, Cohere is betting that the future of AI is enterprise ROI—not sci-fi 'superintelligence.'

Benzinga

Why Scale AI, Perplexity, Miro, Bilt And Mixpanel Are Launching On Framer As It Secures $100 Million Funding At $2 Billion Valuation

Website design platform Framer announced on Aug. 28 a $100 million Series D funding round led by existing investors Meritech and Atomico, valuing the company at $2 billion. The professional website builder has quietly captured major brands including Perplexity, Scale AI, Miro, Bilt, Zapier, and Mixpanel.

Fortune

This millennial became a millionaire before turning 30 thanks to early investments in Deliveroo and Revolut—he shares how Gen Z can spot the next startup jackpot

EXCLUSIVE: Martin Mignot made his first millions before turning 30 thanks to investments in the likes of Deliveroo before it became famous. Now, he’s revealing how Gen Z can spot the next unicorn—and cash in early.

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Benzinga

Mark Zuckerberg Bets Billions On 'Startup Mode' As Meta's Superintelligence Unit Lures Alexandr Wang And Nat Friedman From Top AI Firms

Meta (NASDAQ:META) is reorganizing its artificial intelligence division around compact, high-impact teams as CEO Mark Zuckerberg pushes the company deeper into what he calls "superintelligence labs," Business Insider reported.

Windows Central

Mark Zuckerberg’s millions can’t buy loyalty — AI experts are choosing safety and society over Meta’s money

Meta is seemingly having a hard time keeping its relatively new employees despite multimillion-dollar offers, with several members jumping ship less than a month after joining.

Benzinga

Meta–Scale AI Partnership Sees Signs Of Strain As Key Executive Departs In Just Two Months, Researchers Pick Rivals: Report

The partnership between Meta Platforms Inc. (NASDAQ:META) and Scale AI is reportedly showing signs of strain, with a key executive leaving Meta just two months after the partnership was formed.

GOBankingRates

How the World’s 5 Youngest Billionaires Built — or Inherited — Their Empires

Here's how the world's youngest billionaires made their fortunes.

Fortune

These Gen Z and millennial founders dropped out of college, took $200,000 from Peter Thiel, and have now built companies worth over $100 billion

The Thiel fellowship awards $200,000 to young people who skip or leave college to spend two years building a startup, with notable alumni including Figma CEO Dylan Field and Scale AI cofounder Lucy Guo.

TechRadar

Why did Meta invest in Scale AI – and how will it change the AI models you use?

What's next for AI training and evaluation after the Scale/Meta deal.

TechRadar

Behind the Meta Scale AI deal: why more data Isn’t always better for physical AI

The backlash to Meta’s $14.3B Scale AI deal reveals a bigger story in the AI world: quality, trust, and precision trump raw volume in Physical AI.

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