Reported about 11 hours ago
Micro1, a startup that connects AI companies with human contractors for data labeling, has raised $35 million in a Series A funding round, valuing the company at $500 million. Co-founded by former Twitter executives, the company aims to fill gaps left by competitors like Scale AI after significant changes in the market. With its rapid growth, Micro1 is now generating $50 million in annual recurring revenue and plans to expand its services to meet increasing demands for high-quality data from AI labs.
Source: YAHOO