Scale AI, a data-labeling startup, has raised $1 billion in a Series F funding round, doubling its valuation to $13.8 billion. The funding round was led by Accel and included investments from major tech companies such as Amazon, Meta, Nvidia, Intel, AMD, and ServiceNow. Scale AI's annual recurring revenue is expected to reach $1.4 billion this year. The company, which helps top tech firms improve data for artificial intelligence products, reported approximately $700 million in revenue for 2023. CEO Alexander Wang stated that the company is well-positioned to advance artificial general intelligence (AGI).
Cisco Investments is proud to be joining the latest $1B funding round for @scale_AI! Scale AI was built to solve AI data challenges of some of the world’s biggest organizations & we're thrilled to be a strategic investor and partner. Congrats to the team! https://t.co/WmXr1Q5Qsl
Seed rounds are getting bigger: French AI startup H raises $220M seed round https://t.co/RMYavTCTBb
H, a new Paris-based AI startup, raises $220M from prominent investors https://t.co/sChCns5ghM
$220M seed, we’re BACK! Excited to be involved at H Company Investment thesis: * Model to action is the next frontier * Enterprise automation through AI is just getting started * French/euro AI talent rocks, @laurentsifre @karl_tuyls etc, co-founding team out of DeepMind https://t.co/xMXEtpBk2I
What!? "French AI startup H raises $220M seed round" + "investors are splitting their commitments into equity and convertible debt. Around 40% of the seed financing is a traditional equity investment"
Massive fundraising day. - $1B at $13.8B for @scale_AI from Accel, Founders Fund, DFJ Growth, Amazon, Coatue - $150M for @farcaster_xyz from Paradigm, a16z Crypto, Variant, USV - Potential $1.5B at $12.5B for @anduriltech VCs pouring as much money into late-stage, big winners… https://t.co/p61Fu4x41m
AI training data provider Scale AI closes $1B round at $13.8B valuation https://t.co/g8U9XtDmif
Scale AI Raises $1 Billion in Series F Funding to Advance AI Data Foundry and AGI Read More: https://t.co/H8h7XymWOR
AI startup Scale AI says 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 reported valuation. https://t.co/DtJGnB0lfX
Scale AI Raises $1B Series F Led by Accel, Valuation Doubles to $14B Read More: https://t.co/AKSfIMKOFk
Another big day for AI startups: SF's @scale_AI raised $1B in a round led by @Accel that values the data labeling and evaluation startup at $13.8B. And Paris-based AI startup H, previously referred to as Holistic AI, launched with a $220M round. https://t.co/XwoptmdzLj
Scale AI Secures $1B in Funding Amidst AI Investment Surge #AI #artificialintelligence #Investment #llm #machinelearning #ScaleAI https://t.co/BzA4jCSOO9 https://t.co/ekCf2HHf3A
Financial Times @ft: AI data labelling start-up Scale valuation doubles to $14bn - Financial Times. #AI #aiact #aistrategy https://t.co/JO8ANoeSiq
EXCLUSIVE: @scale_AI secures $1 billion funding at a $14 billion valuation as its CEO @alexandr_wang predicts big revenue growth and profitability by year-end. https://t.co/pLZS9UgOhS
French AI startup H raises $220 million seed round: https://t.co/MbTp9ys8EU by TechCrunch #infosec #cybersecurity #technology #news
French AI startup H raises $220 million seed round https://t.co/NYKWWCWoYB
Congrats to @scale_AI on raising $1B in #SeriesF #funding 🎉 Learn more about the company’s frontier #datafoundry and the importance of data abundance in Erica Van, @bharadwaj_avi, @mrostick and @AlexandraF_VC’s blog: https://t.co/j7ssN5t7gA
🤖🇺🇸 Amazon and Meta join forces with Scale AI: $1 billion funding round boosts the AI startup's value to a whopping $14 billion. This investment promises groundbreaking advancements in generative AI! #AI #TechFunding https://t.co/InyxZfSPTn
A French AI startup, simply called H and founded by ex-Google DeepMind scientists, raised $220M from Accel and others, and plans a model capable of reasoning (@mhbergen / Bloomberg) https://t.co/pVfZ2wfNmC 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/Vss4d0qdC5
🚨 BREAKING: Scale AI has raised $1 billion in a Series F funding. https://t.co/TicUSDDMah
A French AI startup, simply called H, has raised $220 million in initial financing from a slew of billionaires and venture capitalists https://t.co/OvRm1m7Py0
1/ Today, @Scale_AI is announcing $1B of financing at a $13.8B valuation. The round was led by @Accel along with our existing investors. @Scale_AI has never been better positioned to accelerate the abundance of frontier data and pave the road for AGI. 🧵 https://t.co/GnhfTazNex https://t.co/dWZvAbZ9Ww
AI data startup Scale AI raised $1 billion in new funding at a $14 billion valuation, with Nvidia $NVDA, Meta $META, Amazon $AMZN, and VC arms of Intel $INTC, AMD $AMD and ServiceNow $NOW among the investors. Scale's ARR is expected to reach $1.4 billion this year.
BREAKING: Scale AI rasies a $1B Series F at a valuation of $13.8B for its data labelling platform. The round was led by Accel and includes Amazon, Meta, Nvidia, Intel, AMD among others. Full announcement in comments: https://t.co/m0ALyX4l3D
My colleague @sharongoldman has exclusive details on Scale AI's revenue and sales growth as the company announces a big new fundraise. https://t.co/Dir4Ky6afo
Data-labeling startup Scale AI raises $1B as valuation doubles to $13.8B: https://t.co/pd01XOn6Xa by TechCrunch #infosec #cybersecurity #technology #news
Data-labeling startup Scale AI raises $1B as valuation doubles to $13.8B https://t.co/HQyBIB1Upb
AI data labeling startup Scale AI raised $1B led by Accel at a ~$14B valuation, up from $7.3B in April 2021; a source says Scale AI had ~$700M in 2023 revenue (Financial Times) https://t.co/t6xTX9t4JP 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/5uiKtJx7it
Scale AI, a startup that helps top tech companies improve the data used to build artificial intelligence products, roughly doubles its valuation to $13.8 billion https://t.co/72GdObh7ve
AI data labelling start-up Scale valuation doubles to $14bn https://t.co/cpPhUf3mpY