However, if adjustments are made for the losses from Scope and finance income, the net profit would have been $66.6 million versus $60.0 million—an 11 per cent increase over the prior year ...

Meta’s bringing on Scale AI CEO Alexandr Wang to lead the lab, reports The New York Times, as the tech giant prepares to pour $10 billion into the AI startup.

Managing director of The Lab Kimala Bennett, speaking at the company’s annual general meeting on Thursday, said the operations of Scope, despite the challenges, are to become even more relevant ...