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.
Source: benzinga.com