Scale AI Valued at Nearly $14B With Amazon Funding
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- Опубліковано 21 тра 2024
- Scale AI, a startup that helps top tech companies improve the data used to build artificial intelligence products, has roughly doubled its valuation to $13.8 billion and is raising $1 billion in one of the largest financing deals of the year. Scale AI CEO Alexandr Wang joins Ed Ludlow and Caroline Hyde on "Bloomberg Technology."
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Lol I work in Silicon Valley. I know this company very well, I've visited their office since my friends used to work there. My previous companies received funding from same VCs. This company is a sweatshop data labeling company where they paid 20 bucks per hour to annotators whom I've met. There is no AI. They first spent all their energy having annotators label google images to sell to ride sharing companies for their AI division before these customers churned and burned. The company is literally run by 20-30 year old management who literally have boba nights and super smash brothers game night for their employees. This company is the ultimate pinnacle of sillcon valley AI charade. This guy just rode the wave of VC AI craze before the eventual tech meltdown. It's no coincidence Scale raised 3 rounds of funding in 3 years to reach sudden 1 billion valuation to get all the marketing hype.
sure lets listen to a random commenter on youtube
@@vallmak why would he lie?
@@vallmak lot of dip shits think they gonna cause an AI crash by spouting bull shit on youtube.
I can actually see this being true. Especially the Boba nights 😂
@@vallmak it is true. They got in trouble for data labeling sweatshop and had to spin off. Its called Remotasks now.
Refused the answer the question about underpaying workers in the global south...
classic ceo
Bruh just dodged the question by answering a different one.
lol, he's just the front for the actual profit makers of the work, the mega corps
@@notKhalid No, he is not the front. He founded this company and is currently the biggest shareholder.
Yep, totally.
And to be honest, it's a stupid question.
The clothes they were wearing surely were made by people earning terrible salaries, but they are still wearing them.
Hypocrites, all of them.
It's a data labelling outsourcing company, why does everyone talk like they've made some profound hardware or software? Can someone care to explain if I'm missing anything?
3 points: They are more than that, they are the best at create the infrastructure to collect the data and they were the amongst the first to do it on a large scale
That's it
*at creating
I feel the same. It's a glorified data labelling company.
Stories from people online who know the company / CEO personally give a not great view of it. Seems very toxic, "house-of-cards" kind of business model, gives me very Theranos vibes
Seems like another hype train to suck in people to invest into the AI bubble at insane valuations.
If Allen Iverson wanted to start a business. Now would be the best time for him to go public! AI is trending!...lol
bro bag maxxed now started look maxxing 😂
Plot is ready for an AI heist.
he did not even try to address the point of underpaying labelers
Insightful!
good interview
Impressive
Why can't they build an AI which can facilitate data labelling tasks and use fewer people to get the task done?
Hit 10k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months.🗺
Go public fella! I want to research your financials and potentially buy shares!
He didn't even answer her question. Her question was good.
Let's always do alot of good ❤️
The reason I got revux is because I believe decentralization is more important than anything else.
Bubble
Nice.
Forget the rest, Revux is where it's at. Potential moonshot!
Excited to see how Revux will disrupt the payment industry. Huge potential, and still in presale phase!
Every new partnership announcement gets me more excited about Revux!
His name 'Alexandr' sounds just like a startup with the ending 'dr'
It goes with the brand
This guy looks smart,like him😁
Bro ain't got no clients nor profits, but his company valued at 14B, welcome to the biggest scammer capitalist world, where people seek investment, flip their company for 2-3B then make courses on how they got so successful
we should start a company together im building an app
FOMO kicking in as Revux partners with more and more merchants. Bullish!
This dude is insanely smart and so mature for his age. While his peers are recording tik tok vidoes, he's one of the leading figures in AI. He speaks like he has 20-30 years of wisdom. He has potentially to become bigger than Musk.
Why didn't he graduated from MIT, it's not like he didn't have time
Musk is a moron🤦
@@noivongxoang235He didn't have time, and he had the opportunity to the few he had because he had the chance to have an innovative idea at the time
Bro you act like he doesn't do any of the normal 20+ year old activities. He definitely goes out just like the rest but manages he time like a maniac
He’s like 34 years old man
With around $250k to invest, what's your advice on entering the market? I'm considering replicating the strategies of experts instead of investing independently to avoid both financial losses and emotional stress. What are your thoughts on this approach?
Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.
This is an insightful perspective to consider.
Agreed, my portfolio is well matched for every market season, yielding 60% from early last year till date. I and my advisor are working on a 7-figure ballpark.
Your financial advisor must be really good, Wehrine. I hope it's okay to inquire if you're still working with the same advisor and how can I get in touch with them?
That would be Desiree Ruth Hoffman.
bro looks 20 year old
He is 22 yo
@@ainanirina75827
@@ainanirina758 lol he is 27
AI = Apple Intelligence
Boiiiiiiiiii I Luv yu
Problem is where to get all this data ? Is amazon gonna violate all tje privacy laws ? I ain't giving shit to AI and for what ? To make future robot overlords that will rule mankind forever ?
C00L
🎧🍿
Looks like another AI scammer
More vague BS.
Scale AI is not AI
So this is the next guy going to jail i see im starting to finally see it thanks coffezilla has awoken me