After losing the OpenAI big deal, Scale's expected annual revenue exceeds $1 billion, and the enterprise application business will surpass data annotation within 18 months.
Meta acquires a 49% stake in Scale AI and takes the founder, then the CEO revealed that this year's revenue is expected to surpass $1 billion. Scale is shifting from data annotation to developing internal AI applications for government and enterprise clients, with annual revenue of about $200 million, expected to surpass data annotation as the largest source within 18 months. Although the acquisition secures a contract with Meta, it also causes OpenAI to lose an important customer. Under the new strategy, the application business is rapidly expanding, with the Department of Defense awarding a $500 million contract, and signing agreements with EY, Mayo Clinic, and others. Scale, along with Palantir and others, has been jointly selected for the Golden Dome project.