Scale AI, a data-labeling startup, has raised $1 billion in a Series F funding round, doubling its valuation to approximately $14 billion. The 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 (ARR) is expected to reach $1.4 billion by the end of 2024, with the company aiming for profitability by the end of this year. CEO Alexandr Wang highlighted that the company's revenue is growing at 200% year on year, with $700 million reported in 2023. The funding will help Scale AI enhance its AI data foundry and advance its capabilities in artificial general intelligence (AGI).
User-Owned AI is NEAR https://t.co/quK47VNUlQ #NEAR via @NEARProtocol
💸🤖💸 French company H raises $220M to develop “Action-Oriented” AI. https://t.co/3eQl8Mf5uM @Accel @UiPath @Bpifrance @amazon #AI #funding #news #Startups #Topfundinground https://t.co/u2jrubLsw5
🔥 special episode of @NoPriorsPod with @alexandr_wang CEO of @scale_AI, the data foundry for AI - their $1B funding round - the evolution of Scale's business - what data we need to improve frontier models - evals, what it takes to create trustworthy AI systems links 🔗 below https://t.co/xYLcMVxQgV
Seriously starting to feel like monopoly money now. $1B funding round 🤯 Seriously? This isn't a AI hardware startup either. Scale AI provides labeled data for training models. My latest for @TheRegister https://t.co/5q64QPaFkA
Scale AI just raised a casual $1B, doubling its valuation to a whopping $13.8B, @PSawers reports for @TechCrunch . Investors like Amazon and Meta are throwing money at this data-labeling startup to ride the AI gold rush. https://t.co/AHbYU6XfTk
Paris-based AGI Startup The “H” Company Secures $220M in Seed Funding https://t.co/GFCnroJ0r3 #AI #CustomerExperience #DigitalTransformation #CyberProtection
This @NEARDevHub episode is going to be EPIC... @keypomxyz deploying event creation https://t.co/2aURl6L2jC 🔥 And @tryjutsu discussing tools and AI development 🚀 Both native to @NEARProtocol- do not miss this! https://t.co/VHpDWezCmb
🤖🤖🤖 After raising $1B, Scale AI’s valuation is now close to $14B. https://t.co/cPTpGaembO @scale_AI @Accel @ycombinator @foundersfund @ThriveCapital @nvidia @amazon @Cisco_Invests @Cisco_Invests @intelcapital @Meta #Database #funding #news #Startups #unicorn #US https://t.co/iDKRWNDvGL
Scale AI has raised $1bn in a new funding round, doubling the data-labelling start-up’s valuation to about $14bn and paving the way for an initial public offering. https://t.co/hSIMvjUTiN
Holistic AI Is now H, a new French startup with $220 million out of the gate https://t.co/UfUZTdtYHT via @business
New French AI startup that did a 220M$ "seed round": https://t.co/chqoeTwi1T
Scale AI Raises $1B Series F to Push the Frontier of AI Data https://t.co/5Z8vrDN8aT @scale_AI #datanami #TCIwire
AI startup @scale_AI closed a $1B funding round today at a $13.8B valuation. "Our data engine generates nearly all of the data necessary to fuel the leading large language models in the industry today," said founder and CEO @alexandr_wang in an exclusive interview. https://t.co/k6dK9HyED3
Once again, the @scale_AI team and @alexandr_wang have show an incredible ability to build a phenomenal AI business. That said, this company is just getting warmed up. So much more to come. https://t.co/kYIZGbIrDF
WOW @scaleAI closed a $1B funding round today at a $13.8B valuation. 🔥🚀💯 https://t.co/YkQPMcX2VN
AI startup @scaleAI closed a $1B funding round today at a $13.8B valuation. "Our data engine generates nearly all of the data necessary to fuel the leading large language models in the industry today," said founder and CEO @alexandr_wang in an exclusive interview. https://t.co/n2WJyZPMOE
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"
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
nice milestone today and a real testament to the incredible work being done by @alexandr_wang and the whole scale team. while much has changed in AI since the early days of the business, alex has been unwavering in his belief that high quality data is the critical input for… https://t.co/uYBfMiDFdk
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
As AI models evolve, @scale_AI has become an essential piece of the AI data lifecycle for companies like OpenAI, Meta, Cohere, and Microsoft. We’re thrilled to continue partnering with this incredible team & look forward to their work to enhance AI’s capabilities.…
🤖🇺🇸 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
New 🇫🇷 startup fka Holistic AI is now just H. And it's raised $220 million out of the gate.
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
Exclusive: @scale_AI CEO @alexandr_wang told me the company’s ARR tripled last yr & is expected to reach $1.4B by end of 2024. Revenue is growing 200% year on year, Wang added, saying “we expect to be profitable by the end of this year as well.” https://t.co/v0WLu3MBTw
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