AI Market Movers · Data, labeling & enterprise platforms
Scale AI
Private
Scale AI is the labeling shop. Meta took a large stake and the company is still independent on paper, based in San Francisco.
- Site
- scale.com
- Who
- Alexandr Wang, CEO
- Last reported post-money
- $29B
- As of
- June 2025
- Round
- Mark around the Meta investment.
In the Daily
· Morning Brief
The AI boom is running on borrowed moneyThe Wall Street Journal reports Broadcom is working to arrange more than $50 billion in financing for the custom AI chip it is building with OpenAI, with Apollo Global Management and Blackstone among the lenders in talks.
· Closing Time
Closing Time: ChatGPT is done just talkingOpenAI is rolling out GPT-6 in ChatGPT with Intelligent UI, answering with diagrams, charts, buttons and tools it builds on the spot (The Verge).
· Morning Brief
Dartmouth clears the detectorThe Dartmouth reports that interim dean of the faculty of Arts and Sciences John Carey emailed undergraduate faculty on Sept. 29 with “guidelines on use of AI detection in teaching.”
· Closing Time
Closing Time: The next rack is a satelliteGoogle is testing whether the next AI rack belongs in orbit
· Morning Brief
She invited the frontierBrussels asks frontier labs to pace the frontier — plus Dreamforce splits on speed, Factory hits $5B, and Meta One.
· Morning Brief
DeepSeek is cashing checks. Moonshot wants a Western till.Kimi K3 on Azure, AWS, and GCP. Plus India’s 9,000 Vera Rubin order.
