Invisible Technologies, a Scale AI rival that helped train ChatGPT, raised $100M, sources say at a $2B+ valuation, and says that sales doubled to $134M in 2024
Vanara, a spinoff of TPG, led the latest funding round. — Add us on Google — Artificial intelligence startup Invisible Technologies …
NYC-based Protege, which prepares and sells real-world datasets like lab results and sports footage for AI training, raised a $25M Series A led by Footwork
Companies like Scale AI and Surge have proven there's a market for human-labeled data, like professionals' answers to complex math or law questions …
Index Ventures is set to receive $11B+ in proceeds after Figma's IPO, Google's Wiz acquisition, and Meta's investment in Scale AI, which paid out shareholders
Index Ventures was among the first investors in startup hits Figma, Scale AI and Wiz — Index Ventures, a venture firm …
Sources: data labeling company Surge AI aims to raise up to $1B, targeting a $15B+ valuation; Surge AI had $1B+ in 2024 revenue, vs. Scale AI's reported $870M
Surge AI, a data-labeling firm that competes with Scale AI, has hired advisors to raise as much as $1 billion in the first capital raising …
A look at Scale AI rival Surge AI, which raised no outside capital, told staff it had $1B+ in 2024 revenue, vs. Scale's $870M, and has always been profitable
The Information : X: @amir and @jessicalessin X: Amir Efrati / @amir : Alex Wang timed his exit perfectly. Scale AI was being beaten by a startup rival that never raised VC and was profitable the who...
Scale AI rivals like Snorkel AI, Labelbox, and Turing report a surge in interest from clients worried about Scale's independence after Meta's $14.3B investment
Bloomberg :
Sources: Meta's Scale AI talks started in mid-April, with Mark Zuckerberg floating a $5B investment in early May, which Alexandr Wang later countered with $20B
Cory Weinberg / The Information :
Source: Accel, which owns 18.5% of Scale AI after investing a total of ~$350M, expects to gain over $2.5B from Meta's $14.3B investment in the startup
Possibly The Biggest Private AI Deal This Year Scale AI : Scale AI Announces Next Phase of Company's Evolution Julie Bort / TechCrunch : New details emerge on Meta's $14.3B deal for Scale Daniel Levin...
Meta announces a $14.3B investment in Scale AI and hires CEO Alexandr Wang to help oversee its AI efforts; source: Scale AI's post-money valuation is $29B
Meta said Thursday that it has backed Scale, without including details. The size of the investment was $14.3 billion, according to a person familiar with the matter.
Sources: Meta is in talks for a potential multibillion-dollar investment in Scale AI, Meta's largest external AI investment; Scale AI was last valued at ~$14B
The financing could exceed $10 billion in value, some of the people said, making it one of the largest private company funding events of all time.