Reuters:

Sources: data labeling company Surge AI aims to raise up to $1B, targeting a valuation of $15B; Surge AI had $1B+ in 2024 revenue, vs. Scale AI's reported $870M  —  Surge AI, a data-labeling firm that competes with Scale AI, has hired advisors to raise as much as $1 billion in the first capital raising …

Reuters:

Sources: data labeling company Surge AI aims to raise up to $1B, targeting a valuation of $15B; Surge AI had $1B+ in 2024 revenue, vs. Scale AI's reported $870M  —  Surge AI, a data-labeling firm that competes with Scale AI, has hired advisors to raise as much as $1 billion in the first capital raising …

Source: TechMeme
Source Link: http://www.techmeme.com/250701/p15#a250701p15