Friday, March 29, 2024

Sources: Accel is in talks to lead a round in Scale AI at a $13B valuation, up from $7.3B in 2021; Scale AI generated $675M+ in revenue in 2023, up ~150% YoY (The Information)

The Information:
Sources: Accel is in talks to lead a round in Scale AI at a $13B valuation, up from $7.3B in 2021; Scale AI generated $675M+ in revenue in 2023, up ~150% YoY  —  Venture capital firm Accel, an early investor in the data labeling startup Scale AI, is in talks to lead a new round of funding …



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Lawmakers, TikTok staff, and others detail how TikTok lost the war in Washington, including due to CEO Shou Zi Chew's failure to build support on Capitol Hill (Wall Street Journal)

Wall Street Journal : Lawmakers, TikTok staff, and others detail how TikTok lost the war in Washington, including due to CEO Shou Zi Chew...