Published On: Tue, May 21st, 2024

Amazon, Meta back Scale AI in $1 billion funding deal that values firm at $14 billion



Artificial intelligence startup Scale AI said Tuesday that it 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. The San Francisco-based company, ranked No. 12 on this year’s CNBC Disruptor 50 list, has now raised $1.6 billion to date.

Its latest funding round is being led by Accel, and includes Cisco Investments, DFJ Growth, Intel Capital, ServiceNow Ventures, AMD Ventures, WCM,…



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