The Information reported that Accel is in talks to lead a new funding round for Scale AI. The round is expected to be worth hundreds of millions of dollars. The publication’s sources added that the deal is set to boost Scale AI’s valuation by 80% to about $13 billion.
San Francisco-based Scale AI provides training data that OpenAI and other market players use to develop their models.
Scale AI to raise hundreds of millions while Australia languishes Appen, page-2
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