Scale AI Expects to More Than Double Sales to $2 Billion in 2025

Scale AI, a startup that helps companies develop artificial intelligence applications, expects to more than double revenue this year and is in talks for a tender offer that would value the company at $25 billion, according to people familiar with the matter.

The company generated about $870 million in revenue in 2024, with its annualized run rate reaching $1.5 billion by the end of the year, according to one of the people. Scale AI expects $2 billion in revenue this year, said the person, who asked not to be identified because the information is private.

A tender offer allows new or returning investors ...