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InfoComm 2025 to feature panel discussion on immersive experiences with technologists from Universal Destinations & Experiences and Amazon Web Services

Meta has made a significant investment in Scale AI, a data-labeling company crucial for training large language models used in generative AI development

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Meta is investing $14.3 billion in Scale AI, with CEO Alexandr Wang leaving to join Meta and continue supporting Scale’s mission as a director.

Meta has completed its acquisition of a 49% stake in data labeling startup Scale AI, valuing the company at $29 billion.

Microsoft is planning to lay off thousands of employees, primarily in its sales division, as part of its ongoing restructuring efforts amid the increasing integration of artificial intelligence in its operations.

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Meta is investing nearly $15 billion in Scale AI, valuing the company at over $29 billion. Scale AI’s CEO, Alexandr Wang, will join Meta as a top executive to work on AI efforts.

The AI race is intensifying with tech giants like Meta, OpenAI, and Google competing to develop advanced AI models. This competition is driving growth in the Crypto AI sector, with significant investments and acquisitions.

Microsoft is undergoing significant restructuring by cutting thousands of jobs, particularly in sales roles, while intensifying its investment in artificial intelligence.