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Scale AI Raises $1B At A $14B Valuation. - Technology Market - Nairaland

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Scale AI Raises $1B At A $14B Valuation. by AfricaMars: 1:50pm On May 22
AI training data foundry Scale AI raises $1 billion in its series F financing round. The 8 year old AI training data pipeling company has been at the forefront of AI innovation since its founding in 2016.

Its various data solutions are used to train self-driving cars, intelligent cameras and LLM chatbots and more. Its clients include companies like Meta, OpenAI and even the Department of State.

The funding will go to providing its clients with frontier data and other services as AI modols advance and become much more capable.

Some organizations alongside paying companies like https://scale.com to provide their data services, also employ their own data strategies. There are other companies in the market providing this service and usually hire a community of trainers and pay them for the training.

Some companies like https://theiapp.com also employ a community approach where the trainers own the company as they are compensated with shares for their contribution.

We will watch and see where https://scale.com goes from here.

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