July 2, 2025
Surge AI Seeks $1 Billion in Capital Raise, Testing Investor Interest in Data Labelling Sector
Surge AI, a data labelling firm founded by former Google and Meta engineer Edwin Chen, aims to raise $1 billion in funding to reach a valuation exceeding $15 billion. The company's success, profitability, and strategic approach in the data labelling industry are attracting attention and testing investor interest.