2025-09-21
Forbes
3 related
A profile of Edwin Chen, the CEO of Surge AI, a Scale AI rival that had $1.2B revenue in 2024, is profitable, and is reportedly raising $1B at a $30B valuation
This story appears in the October/November 2025 issue of Forbes Magazine. Subscribe — An alum of Google, Facebook and Twitter … X: @_iainmartin , @_pheebini , @richa_lq , @hellosurgeai , @forbes , ...
2025-07-01
Reuters
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 …
2025-06-19
The Information
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...
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