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Scale AI Rivals See Customer Demand Surge After Meta Investment

Summary by Bloomberg
Alex Ratner was trying to get in a few hours of work after putting his kids to bed when news broke that Meta Platforms Inc. planned to invest billions of dollars in data-labeling startup Scale AI. Within minutes, Ratner, who runs a rival company called Snorkel AI, began fielding calls from his board about the chance to pick up clients worried about Scale’s independence.

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Bloomberg broke the news in United States on Wednesday, June 18, 2025.
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