Scale AI Valued at Nearly $14B With Amazon Funding

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  • เผยแพร่เมื่อ 21 พ.ค. 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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ความคิดเห็น • 103

  • @hjtechguy
    @hjtechguy 19 วันที่ผ่านมา +135

    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.

    • @vallmak
      @vallmak 18 วันที่ผ่านมา +19

      sure lets listen to a random commenter on youtube

    • @thestockfother
      @thestockfother 18 วันที่ผ่านมา

      ​@@vallmak why would he lie?

    • @unityman3133
      @unityman3133 18 วันที่ผ่านมา

      @@vallmak lot of dip shits think they gonna cause an AI crash by spouting bull shit on youtube.

    • @Gerrardstrike
      @Gerrardstrike 18 วันที่ผ่านมา +21

      I can actually see this being true. Especially the Boba nights 😂

    • @drakehooks
      @drakehooks 18 วันที่ผ่านมา

      @@vallmak it is true. They got in trouble for data labeling sweatshop and had to spin off. Its called Remotasks now.

  • @MarcusSanatan
    @MarcusSanatan 21 วันที่ผ่านมา +85

    Refused the answer the question about underpaying workers in the global south...

    • @afriendofsammy
      @afriendofsammy 20 วันที่ผ่านมา +5

      classic ceo

    • @letsdostuff5864
      @letsdostuff5864 20 วันที่ผ่านมา +6

      Bruh just dodged the question by answering a different one.

    • @notKhalid
      @notKhalid 19 วันที่ผ่านมา +2

      lol, he's just the front for the actual profit makers of the work, the mega corps

    • @fupopanda
      @fupopanda 18 วันที่ผ่านมา +1

      @@notKhalid No, he is not the front. He founded this company and is currently the biggest shareholder.

    • @rafae5902
      @rafae5902 17 วันที่ผ่านมา

      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.

  • @recursion.
    @recursion. 22 วันที่ผ่านมา +62

    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?

    • @ainanirina758
      @ainanirina758 22 วันที่ผ่านมา +6

      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

    • @ainanirina758
      @ainanirina758 22 วันที่ผ่านมา

      *at creating

    • @karatsurba4791
      @karatsurba4791 21 วันที่ผ่านมา +14

      I feel the same. It's a glorified data labelling company.

    • @marvinmeng7213
      @marvinmeng7213 20 วันที่ผ่านมา +4

      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

    • @kesun32145
      @kesun32145 20 วันที่ผ่านมา

      Seems like another hype train to suck in people to invest into the AI bubble at insane valuations.

  • @PeterParker-wj3cr
    @PeterParker-wj3cr 24 วันที่ผ่านมา +39

    If Allen Iverson wanted to start a business. Now would be the best time for him to go public! AI is trending!...lol

  • @lightichigo
    @lightichigo 6 วันที่ผ่านมา +1

    bro bag maxxed now started look maxxing 😂

  • @tonyantonio8956
    @tonyantonio8956 20 วันที่ผ่านมา +7

    Plot is ready for an AI heist.

  • @erichshan7964
    @erichshan7964 12 วันที่ผ่านมา +2

    he did not even try to address the point of underpaying labelers

  • @zaralin9825
    @zaralin9825 7 วันที่ผ่านมา +1

    Why can't they build an AI which can facilitate data labelling tasks and use fewer people to get the task done?

  • @woodsriley464
    @woodsriley464 7 วันที่ผ่านมา

    Hit 10k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months.🗺

  • @aanandrajpara8584
    @aanandrajpara8584 23 วันที่ผ่านมา

    The reason I got revux is because I believe decentralization is more important than anything else.

  • @damnang2
    @damnang2 18 วันที่ผ่านมา

    Insightful!

  • @UltimatePokeGamer7
    @UltimatePokeGamer7 21 วันที่ผ่านมา +1

    Go public fella! I want to research your financials and potentially buy shares!

  • @02nupe
    @02nupe 24 วันที่ผ่านมา

    good interview

  • @Gerrardstrike
    @Gerrardstrike 18 วันที่ผ่านมา

    He didn't even answer her question. Her question was good.

  • @wizaaeed
    @wizaaeed 18 วันที่ผ่านมา +6

    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

    • @lequestrgames
      @lequestrgames 10 วันที่ผ่านมา

      we should start a company together im building an app

  • @rathvarajesh3883
    @rathvarajesh3883 23 วันที่ผ่านมา +1

    Excited to see how Revux will disrupt the payment industry. Huge potential, and still in presale phase!

  • @pjb111
    @pjb111 23 วันที่ผ่านมา +8

    Bubble

  • @arshiailaty
    @arshiailaty 24 วันที่ผ่านมา +9

    Impressive

  • @sagartete1980
    @sagartete1980 23 วันที่ผ่านมา

    Forget the rest, Revux is where it's at. Potential moonshot!

  • @Mari_Selalu_Berbuat_Kebaikan
    @Mari_Selalu_Berbuat_Kebaikan 22 วันที่ผ่านมา +1

    Let's always do alot of good ❤️

  • @Up_gamer_55
    @Up_gamer_55 23 วันที่ผ่านมา

    FOMO kicking in as Revux partners with more and more merchants. Bullish!

  • @jaskaransingh-cb1fz
    @jaskaransingh-cb1fz 23 วันที่ผ่านมา

    Every new partnership announcement gets me more excited about Revux!

  • @band1t9999
    @band1t9999 19 วันที่ผ่านมา +3

    His name 'Alexandr' sounds just like a startup with the ending 'dr'

    • @sternymadeit
      @sternymadeit 15 วันที่ผ่านมา +1

      It goes with the brand

  • @danielyang3995
    @danielyang3995 16 วันที่ผ่านมา

    This guy looks smart,like him😁

  • @deeplearningpartnership
    @deeplearningpartnership 24 วันที่ผ่านมา

    Nice.

  • @LeahLewis-ny9iu
    @LeahLewis-ny9iu 23 วันที่ผ่านมา +100

    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?

    • @AshleyKeith-vw7ws
      @AshleyKeith-vw7ws 23 วันที่ผ่านมา

      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.

    • @ScottLarrry
      @ScottLarrry 23 วันที่ผ่านมา

      This is an insightful perspective to consider.

    • @HRMColoniallifeinsurance
      @HRMColoniallifeinsurance 23 วันที่ผ่านมา

      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.

    • @MelissaHobbs-qm8wi
      @MelissaHobbs-qm8wi 23 วันที่ผ่านมา

      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?

    • @HRMColoniallifeinsurance
      @HRMColoniallifeinsurance 23 วันที่ผ่านมา

      That would be Desiree Ruth Hoffman.

  • @FLORIDIANMILLIONAIRE
    @FLORIDIANMILLIONAIRE 20 วันที่ผ่านมา

    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 ?

  • @3qlw4utho3p4ht
    @3qlw4utho3p4ht 24 วันที่ผ่านมา +42

    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.

    • @noivongxoang235
      @noivongxoang235 22 วันที่ผ่านมา +2

      Why didn't he graduated from MIT, it's not like he didn't have time

    • @calicoesblue4703
      @calicoesblue4703 22 วันที่ผ่านมา

      Musk is a moron🤦

    • @ainanirina758
      @ainanirina758 22 วันที่ผ่านมา

      @@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

    • @toast_dev
      @toast_dev 21 วันที่ผ่านมา +4

      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

    • @openthinker1251
      @openthinker1251 21 วันที่ผ่านมา +3

      He’s like 34 years old man

  • @ShehanDyonisius
    @ShehanDyonisius 5 วันที่ผ่านมา

    AI = Apple Intelligence

  • @nourishcherish9593
    @nourishcherish9593 22 วันที่ผ่านมา +3

    bro looks 20 year old

    • @ainanirina758
      @ainanirina758 22 วันที่ผ่านมา +3

      He is 22 yo

    • @ryanm1061
      @ryanm1061 20 วันที่ผ่านมา

      @@ainanirina75827

    • @brendanfay2017
      @brendanfay2017 19 วันที่ผ่านมา +5

      @@ainanirina758 lol he is 27

  • @dukerobert7283
    @dukerobert7283 24 วันที่ผ่านมา +1

    Boiiiiiiiiii I Luv yu

  • @BigDataLogin
    @BigDataLogin 24 วันที่ผ่านมา +1

    C00L

  • @YBRL007
    @YBRL007 24 วันที่ผ่านมา +2

    🎧🍿

  • @abhijeetdey
    @abhijeetdey 18 วันที่ผ่านมา +3

    Looks like another AI scammer

  • @julienblanchon6082
    @julienblanchon6082 13 วันที่ผ่านมา

    Scale AI is not AI

  • @rock3tcatU233
    @rock3tcatU233 11 วันที่ผ่านมา +1

    More vague BS.

  • @Jeff-oc7mi
    @Jeff-oc7mi 9 วันที่ผ่านมา

    So this is the next guy going to jail i see im starting to finally see it thanks coffezilla has awoken me