Scale Secures $1B in Series F Funding led by Accel

May 21st, 2024Funding
  • Scale closed a $1B financing transaction at a $13.8B valuation led by Accel.

  • Existing investors like Y Combinator, Nat Friedman, and NVIDIA participated alongside new investors like Cisco Investments and Amazon.

  • Scale has powered breakthroughs in L4 autonomy, public sector AI programs, and reinforcement learning techniques.

  • The company aims to address data scarcity in AI by focusing on data abundance, frontier data, and measurement and evaluation principles.

  • With this funding, Scale plans to accelerate the abundance of frontier data towards achieving AGI.

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