ScaleAI is pursuing a valuation of up to $25 billion through a tender offer, driven by increasing investor interest in AI startups. The company was valued at $13.8 billion during a Series F funding round last year. Founded in 2016 by Alexandr Wang, ScaleAI specializes in data labeling for machine learning, serving major clients like OpenAI and Microsoft. Recent initiatives include a contract with the Defense Department to enhance AI in operational decision-making. The final valuation from the tender offer remains under negotiation, reflecting the dynamic nature of the startup market.
ScaleAI is seeking a valuation as high as $25 billion in a potential tender offer, aiming to capitalize on investors' voracious demand for AI startups.
The company was last valued at $13.8 billion during a $1 billion Series F round, underscoring its rapid growth in the AI sector.
A tender offer provides liquidity to early investors and employees, as startups like ScaleAI aim to bridge the gap before going public.
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