Scale AI anticipates more than doubling its revenue to $2 billion in 2025, up from approximately $870 million in 2024. This growth is fueled by increased demand for AI data labeling services.
💰 Seeking $25 Billion Valuation Through Tender Offer
The company is exploring a tender offer that could value it at up to $25 billion, a significant increase from its $14 billion valuation in 2024. This move aims to provide liquidity for early investors and employees.
🌍 $30 Million Investment to Boost Canadian AI Projects
Scale AI has announced the immediate availability of $30 million to support high-impact AI projects in Canada. This initiative seeks to strengthen Canada’s position in the global AI sector by accelerating the commercialization of AI-driven products and solutions.
🤝 Five-Year Partnership with Qatar to Develop National AI Infrastructure
Scale AI has signed a five-year agreement with Qatar to build national AI infrastructure across key sectors. This partnership aligns with Scale AI’s rapid growth and its projected revenue exceeding $2 billion in 2025.
🧪 Launch of Scale Evaluation Tool for AI Model Testing
The company has introduced Scale Evaluation, a tool designed to assess advanced AI models across various benchmarks. This tool helps identify weaknesses and suggests areas for improvement, contributing to the development of more robust AI systems.
Lucy Guo Becomes Youngest Self-Made Female Billionaire
Lucy Guo, co-founder of Scale AI, has become the world’s youngest self-made female billionaire at age 30. Although she left the company in 2018, her retained stake has significantly increased in value.