TechCrunch
Scale AI, which provides data-labeling services to companies that want to train machine learning models, has raised a $1 billion Series F round from a slew of big-name institutional and corporate investors that include Amazon and Meta. The fundraise is a mix of primary and secondary funding, and is the latest in a slew of big venture capital investments in AI. Amazon recently closed a $4 billion investment in OpenAI rival Anthropic, and the likes of Mistral AI and Perplexity are also in the process of raising more billion-dollar rounds at lofty valuations.