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Scale AI Secures $1B Funding Round

SAN FRANCISCO, CA, Scale AI, the data foundry for AI, today announced it has closed a $1 billion financing transaction, bringing the company to a valuation of nearly $14 billion.
Existing investor Accel led the round with participation from returning investors including Y Combinator, Nat Friedman, Index Ventures, Founders Fund, Coatue, Thrive Capital, Spark Capital, NVIDIA, Tiger Global Management, Greenoaks, and Wellington Management. New investors include Cisco Investments, DFJ Growth, Intel Capital, ServiceNow Ventures, AMD Ventures, WCM, Amazon, Elad Gil, and Meta.

Scale is fueling the Generative AI revolution. Built on a foundation of high-quality data and human insight, Scale's proprietary Data Engine powers the world's most advanced models. Our years of deep partnership with every major model builder enables us to provide the roadmap for any organization to apply AI. Scale is trusted by industry leaders, including Meta, Morgan Stanley, Microsoft, the U.S. Army, the DoD's Defense Innovation Unit, OpenAI, General Motors, and Toyota Research Institute.
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