$1 billion in Series F financing was secured by Scale AI, an AI data foundry situated in San Francisco, California.
With the combination of main and secondary funding, Scale’s value increased to $13.8 billion.
Investors
- Y Combinator
- Nat Friedman
- Index Ventures
- Founders Fund
- Coatue
- Thrive Capital
- Spark Capital
- NVIDIA
- Tiger Global Management
- Greenoaks
- Wellington Management
- Accel
- Cisco Investments
- DFJ Growth
- Intel Capital
- ServiceNow Ventures
- AMD Ventures
- WCM
- Amazon
- Elad Gil
- Meta
Use of funds
With the money, the firm hopes to expand its services and capacities for assessments by the public and commercial sectors.
About Scale AI
Under the direction of CEO and Founder Alexandr Wang, Scale powers sophisticated models with a unique data engine and offers a path for using AI in any kind of business. Leading companies in the sector, such as Meta, Morgan Stanley, Microsoft, the U.S. Army, the Defense Innovation Unit of the Department of Defense, OpenAI, General Motors, and Toyota Research Institute, employ it.
“Our vision is one of data abundance, where we have the means of production to continue scaling frontier LLMs many more orders of magnitude. Data shouldn’t be a barrier to achieving GPT-10.”
Alexandr Wang
