FinTechFunding

Scale AI: Raises $155M in Funding

  • Scale AI, a San Francisco, California-based data platform for AI, raised $155M in new funding
  • The round, led by Tiger Global, closed at a valuation of over $3.5B post-money
  • The company also plans to use the funds to accelerate the development of its AI platform and develop new products to serve its customers
  • Scale also announced the acquisition of Helia AI, a 3-person AI startup that brings deep experience in computer vision and neural network training infrastructure
  • Scale accelerates the development of AI applications by helping machine learning teams generate high-quality ground data
  • The company founded by Alexandr Wang, an MIT college dropout, national programming competitor, and former engineering lead at Quora
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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