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Scale also has been serving clients in the government such as the United States Armed Forces.Scale has pitched itself as a company that will assist the U.S. military in its existential battle with China by offering to pull better insights out of data, build better AVs and even create chatbots that can help advise military commanders during combat.
The company’s annual recurring revenue—the money paid by businesses for Scale AI's services over extended periods of time—tripled in 2023 to an undisclosed amount and is expected to reach $1 ...
[15] [16] In 2021 its valuation hit $7.3 billion, briefly giving Wang a $1 billion net worth as he owned 15% of the company. [3] [17] Scale AI has received defense contracts from the United States Armed Forces [18] [19] and been tapped by the Pentagon's Chief Digital and Artificial Intelligence Office to test and evaluate the safety and ...
Top tech companies are racing to build AI into their products and services. Founded in 2016, Scale AI provides vast amounts of accurately labeled data, which is pivotal for training sophisticated ...
Below is a list of notable companies that primarily focuses on artificial intelligence (AI). Companies that simply makes use of AI but have a different primary focus are not included. Companies that simply makes use of AI but have a different primary focus are not included.
Wang is the CEO and cofounder of Scale AI, a data-labeling company valued at $13.8 billion.The company employs contractors to annotate training data essential for developing AI models. The company ...