Scale AI has raised $1 billion in a Series F funding round that values the enterprise tech company at $13.8 billion — almost double its last reported valuation.Its latest funding round was led by Accel, and includes Nvidia, Cisco, Intel, ServiceNow, and AMD, among others.
Scale AI is playing a key role in the rise of generative artificial intelligence and large language models, with the data — whether it is text, images, video or voice recordings — needing to be labeled correctly before it can be digested and used effectively by AI technology.
In May, Scale AI launched Donovan, an AI-powered decision-making platform that is the first LLM deployed to a U.S. government classified network.
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