The early winners in the AI boom are those providing the essential tools to develop and implement artificial intelligence. Consider data-labeling startup Scale AI, with its extensive and varied roster of clients and investors.
Founded in 2016 and based in San Francisco, Scale AI created software that annotates image, text, voice, and video data for training machine learning models. Initially, Scale AI served companies like Nuro and Zoox, offering labeled data crucial for developing autonomous vehicle models. The company quickly branched out into sectors such as government, e-commerce, enterprise automation, and robotics. Nowadays, Scale AI’s client base includes GM, OpenAI, Microsoft, and the U.S. Department of Defense.
The startup has also garnered significant investor interest. Recently, it secured $1 billion in a Series F funding round, achieving a valuation of $13.8 billion. Investors include early supporter Accel, along with major players like Amazon and Meta.
The takeaway: Scale AI, led by its CEO and co-founder Alexandr Wang, is a key player in the AI surge. We’re thrilled to announce that Wang, who launched Scale AI at age 19 while studying at MIT, will be attending Disrupt 2024, scheduled for October 28-30 in San Francisco.
In our fireside chat with Wang, we’ll delve beyond the hype to explore the business of AI, future industry trends, and the ongoing evolution of Scale AI. And that’s just the beginning!
Don’t miss Disrupt 2024, where a multitude of investors, founders, tech innovators, builders, and policymakers will convene to network and gain insights. Secure your tickets today.
