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Scale AI, which helps companies label and test data for AI model training, has closed a new $1 billion funding round at a $14 billion valuation. ... May 21, 2024 at 6:00 AM.
By July 2021, Scale had reached a valuation of $7 billion. There was an increased demand for data labelling from clients in different industries. [4] In January 2023, Scale laid off 20% of its workforce. [5] In March 2024, Scale reached a valuation of almost $13 billion after Accel lead another round of funding. [6]
(Reuters) -Scale AI said on Tuesday it had raised $1 billion in a late-stage funding round led by venture capital firm Accel with participation from tech giants Nvidia, Amazon, and Meta, valuing ...
Artificial intelligence startup Scale AI said Tuesday that it has raised $1 billion in a Series F funding round that values the enterprise tech company at $13.8 billion — almost double its last ...
Alexandr Wang (born 1997) is the founder and CEO of Scale AI, a data annotation platform that provides training data for machine learning models. [2] [3] At age 24, he became the youngest self-made billionaire in the world. [4] [5] [6] According to Forbes, he is currently worth $2 billion, as of July 2024. [2]
Scale invests in enterprise software startups that are between $500,000 – $5,000,000 in annual revenue, within SaaS and Cloud, Scale focuses on markets like: AI and ML, productivity, open source, cybersecurity, dev-ops, big data and automation for industries that have traditionally been low-tech.
February 28, 2024 at 12:44 PM. Lucy Guo is already a self-made millionaire who can put the cofounding of a bona fide unicorn, the $7 billion–valued Scale AI, on her resume.
On December 22, 2024, ... In March 2021, Kratsios joined data management startup Scale AI Inc. as its managing director and head of strategy, which is a new role ...