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Scale AI’s Jason Droege: We’re here and we’re growing

Scale AI faced questions about its future after Meta poached its star founder and CEO in June, but interim CEO Jason Droege sought to make the case at Axios AI+ DC Summit that it’s still a growing, thriving AI firm. Droege, in his first public interview since taking Scale’s helm, told Axios’ Maria Curi on Wednesday that the company is moving beyond its data-labeling business into the AI applications and services realm, with a focus on government. Meta took a 49% stake in Scale in June in a $14 billion deal, at the same time that it hired Scale founder and CEO Alexandr Wang, who became Meta’s chief AI officer. Scale then named Droege, its chief strategy officer, as its interim CEO. A round of layoffs in July, along with reports that big partners were pulling back from working with the company, further spread the sense that Scale was in turmoil. Droege paints a positive picture of the company today, on the heels of the announcement of a $100 million-ceiling Defense Department deal. That followed an earlier $99 million deal with the U.S. Army. Each of Scale’s main revenue streams is now a “multi-hundred-million dollar business,” Droege said, with the newer applications business bringing in $200-$300 million and the more mature data business “very, very large.”

Full report : Scale AI’s Jason Droege: We’re here and we’re growing.

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Tagged: Scale AI