Surge AI Led by Edwin Chen Surpasses Scale AI With $1B 2024 . . . Surge AI, a data labeling startup led by Edwin Chen, has surpassed Scale AI in revenue, generating over $1 billion in 2024 compared to Scale AI's $870 million Unlike Scale AI, Surge AI has achieved this growth without raising any outside capital and has remained consistently profitable This development highlights a
How Surge AI Is Already Outpacing Rival Scale AI - Inc. com It’s big business: Scale AI made headlines last week when Meta “acqui-hired” its co-founder and CEO Alexandr Wang and paid more than $14 billion for a 49 percent stake in the data-labeling firm
A look at Scale AI rival Surge AI, which raised no outside . . . A look at Scale AI rival Surge AI, which raised no outside capital, told staff it had $1B+ in 2024 revenue, vs Scale's $870M, and has always been profitable — For years, data labeling existed in a tucked-away corner of Silicon Valley, a critical but unglamorous area of AI where companies …
The Little-Known Startup That Has Surged Past Scale AI . . . • Surge AI is bigger than Scale AI, which Meta Platforms recently valued at nearly $29 billion • Surge had $1 billion in sales last year—compared to Scale’s $870 million • Surge founder Edwin Chen has positioned the startup as a high-end alternative to other data-labeler startups
Amazon, Meta-Backed Scale AI Raises $1B, Boosting Value to . . . Scale AI has worked on several large-scale AI projects, including a $250 million deal with the Department of Defense to develop tools to evaluate AI and machine learning systems Related: AI News Roundup: OpenAI Picks Scale to Fine-tune GPT 3 5 The startup was also tasked by OpenAI to help fine-tune GPT-3 5, the original base model behind ChatGPT
Scale AI ARR at $1B, grew 4x year-over-year Scale AI is an artificial intelligence that specializes in providing labeled data essential for training AI applications, particularly in sectors like autonomous vehicles, defense, and generative AI It plays a pivotal role in the AI ecosystem by offering data annotation services essential for training machine learning models
Scale AI Scores $1 Billion to Supercharge AI Data Growth Scale AI's Historic $1B Series F Funding Scale AI's ability to secure $1 billion in funding is an extraordinary feat, marking one of the largest raises for an AI data labeling company to date The investment round was led by esteemed investors like Amazon and Meta, signaling the tech giants' recognition of Scale's pivotal role in the AI ecosystem