AI may be red-hot, but Scale AI layoffs send shivers
January 11, 2023
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In April 2021, data labeling service Scale AI had a $7 billion valuation and a CEO, Alexandr Wang, who was known in Silicon Valley as “the next Zuckerberg.”
But last night, an Insider’s report that the unicorn company had laid off 20% of its 700-person staff sent shivers down the spines of those who thought AI…