Scale Valued at Nearly $14 Billion With Amazon Funding
- Scale AI raised $1 billion in one of the year’s largest deals
- Startup helps tech firms improve data for building AI tools
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Scale AI Inc., a startup that helps top tech companies improve the data used to build artificial intelligence products, has roughly doubled its valuation to $13.8 billion and is raising $1 billion in one of the largest financing deals of the year.
The funding round was led by existing Scale investor Accel with participation from a mix of new corporate backers, including Amazon.com Inc., Meta Platforms Inc. and the venture arms of Advanced Micro Devices Inc., ServiceNow Inc. and Intel Corp., the startup said Tuesday.