Accel led a $1bn Series F round in Scale AI.

Accel, an American venture capital firm, led a $1bn Series F round in Scale AI, the data foundry for AI, with participation from Y Combinator, Nat Friedman, Index Ventures, Founders Fund, Coatue, Thrive Capital, Spark Capital, NVIDIA, Tiger Global Management, Greenoaks, Wellington Management, Cisco Investments, DFJ Growth, Intel Capital, ServiceNow Ventures, AMD Ventures, WCM, Amazon, Elad Gil, and Meta. "Data abundance is not the default; it’s a choice. It requires bringing together the best minds in engineering, operations, and AI. Our vision is one of data abundance, where we have the means of production to continue scaling frontier LLMs many more orders of magnitude. We should not be data-constrained in getting to GPT-10," Alexandr Wang, Scale AI CEO and Founder.