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Scale AI Hits $10B Valuation Powering ChatGPT and Enterprise AI

What Happened

Scale AI, a prominent startup specializing in data labeling and annotation for artificial intelligence, announced it has reached a $10 billion valuation after a new round of funding. The San Francisco-based company is best known for providing high-quality training data essential to powering large language models, including OpenAI’s ChatGPT. Investors in the latest round included major venture capital firms and institutional backers. Founded in 2016, Scale AI has played a critical role in advancing the capabilities of generative AI by supplying curated datasets to OpenAI, Meta, and other tech giants.

Why It Matters

This milestone for Scale AI highlights the growing demand for quality data in the development of advanced generative AI models. As artificial intelligence applications continue to expand, the need for scalable and reliable data infrastructure becomes more urgent. Scale AI’s success reinforces the critical link between data quality and breakthrough AI innovations. Read more in our AI News Hub

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