Scale Valued at Nearly $14 Billion With Amazon Funding (Correct)

Scale AI Inc., 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.

The funding round was led by existing Scale investor Accel with participation from a mix of new corporate backers, including Amazon.com Inc., Meta Platforms Inc. and the venture arms of Advanced Micro Devices Inc., ServiceNow Inc. and Intel Corp., the startup said Tuesday.

Founded in 2016, years before OpenAI’s ChatGPT brought artificial intelligence ...