{"id":13800,"date":"2024-05-24T19:46:09","date_gmt":"2024-05-24T16:46:09","guid":{"rendered":"https:\/\/forklog.com\/en\/scale-ai-secures-1-billion-in-series-f-funding-valued-at-13-8-billion\/"},"modified":"2024-05-24T19:46:09","modified_gmt":"2024-05-24T16:46:09","slug":"scale-ai-secures-1-billion-in-series-f-funding-valued-at-13-8-billion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/scale-ai-secures-1-billion-in-series-f-funding-valued-at-13-8-billion\/","title":{"rendered":"Scale AI Secures $1 Billion in Series F Funding, Valued at $13.8 Billion"},"content":{"rendered":"<p>Scale AI has successfully closed a Series F funding round, raising $1 billion. Investors have valued the AI startup at $13.8 billion.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Today, we\u2019re announcing that Scale has closed a $1B financing transaction at a $13.8B valuation, led by <a href=\"https:\/\/twitter.com\/Accel?ref_src=twsrc%5Etfw\">@Accel<\/a>.<\/p>\n<p>Read the full announcement: <a href=\"https:\/\/t.co\/2lpLTHxjBp\">https:\/\/t.co\/2lpLTHxjBp<\/a> <a href=\"https:\/\/t.co\/zzGUusrUit\">pic.twitter.com\/zzGUusrUit<\/a><\/p>\n<p>\u2014 Scale AI (@scale_AI) <a href=\"https:\/\/twitter.com\/scale_AI\/status\/1792868884716159347?ref_src=twsrc%5Etfw\">May 21, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The round was led by venture firm Accel. Other investors include Y Combinator, NVIDIA, Tiger Global Management, Cisco Investments, Intel Capital, Amazon, Meta, and others.<\/p>\n<p>Scale AI develops training tools for neural networks and artificial intelligence, collaborating with both the public and private sectors.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cOur mission is to build the data infrastructure for AI, and with today\u2019s funding, we are moving to the next stage of this journey,\u201d the statement reads.<\/p>\n<\/blockquote>\n<p>In April, media reported that Elon Musk&#8217;s xAI <a href=\"https:\/\/forklog.com\/en\/news\/elon-musks-xai-secures-6-billion-in-funding-with-social-network-x-as-a-shareholder\">raised $6 billion<\/a> with a preliminary valuation of $18 billion.<\/p>\n<p>That same month, Meta <a href=\"https:\/\/forklog.com\/en\/news\/meta-unveils-billion-dollar-ai-investment-plans\">announced plans to increase investments<\/a> in the field of artificial intelligence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Scale AI has successfully closed a Series F funding round, raising $1 billion. Investors have valued the AI startup at $13.8 billion. Today, we\u2019re announcing that Scale has closed a $1B financing transaction at a $13.8B valuation, led by @Accel. Read the full announcement: https:\/\/t.co\/2lpLTHxjBp pic.twitter.com\/zzGUusrUit \u2014 Scale AI (@scale_AI) May 21, 2024 The round [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[438,1133],"class_list":["post-13800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-artificial-intelligence","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=13800"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13800\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/13799"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=13800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=13800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=13800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}