Scale AI, based in San Francisco, raised $1 billion in Series F funding for its AI-driven data solutions.

The round was led by Accel, with participation from Y Combinator, Intel Capital, and others, valuing Scale at $13.8 billion.

The funds will be used to enhance Scale's AI capabilities and expand offerings for both public and private sectors.

CEO Alexandr Wang envisions a future of data abundance, aiming to advance frontier LLMs significantly.

Scale's technology is utilized by leading firms like Meta, Microsoft, and the U.S. Army.