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Amazon, Meta back Scale AI in $1 billion funding deal

Amazon, Meta back Scale AI in $1 billion funding deal
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Scale AI raises $1 billion funding for AI data foundry

Data foundry to accelerate the abundance of frontier data needed to deploy AI confidently and address the exponential in data requirements.

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Amazon, Meta back Scale AI in $1 billion funding deal that values firm at $14 billion

Amazon, Meta back Scale AI in $1 billion funding deal that values firm at $14 billion
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Scale AI Raises $1 Billion Series F Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

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AI Startup Scale Secures $1B From Investors Including AMD, Amazon & Meta, Doubling Valuation To $13 8B - Intel (NASDAQ:INTC), ServiceNow (NYSE:NOW), Advanced Micro Devices (NASDAQ:AMD), Amazon com (NASDAQ:AMZN)

Scale AI Inc. has nearly doubled its valuation to $13.8 billion after securing $1 billion in new funding, making it a major player in the AI sector. Led by Accel, the funding round saw contributions from Amazon, Meta, AMD, ServiceNow, and Intel. Founded in 2016, Scale AI specializes in data labeling and collaborates with top firms like OpenAI, Microsoft, and the U.S. government.

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