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Amazon, Meta back Scale AI in $1 billion funding deal that values firm at $14 billion
Scale AI 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.
In August, the company was awarded a contract with the Department of Defense Chief Digital and Artificial Intelligence Office, which the company said will help boost the DoD's efforts to advance AI capabilities for the entire military, spanning projects across the Army, Marine Corps, Navy, Air Force, Space Force and Coast Guard. In May, Scale AI launched Donovan, an AI-powered decision-making platform that is the first LLM deployed to a U.S. government classified network. Sign up for our weekly, original newsletter that goes beyond the annual Disruptor 50 list, offering a closer look at list-making companies and their innovative founders.
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