Data-labeling startup Scale AI, valued at $13.8bn, raised $1bn in Series F funding.

Data-labeling startup Scale AI, valued at $13.8bn, raised $1bn in Series F funding, with backing from Amazon, Meta, Cisco, Intel, AMD, and ServiceNow. The funds will be used to accelerate frontier data capabilities, crucial for advancing Artificial General Intelligence. Scale AI assists companies in labeling and testing data for AI model training and works with major firms like OpenAI, Meta, and Microsoft.

May 21, 2024
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