Close Menu
  • Homepage
  • Local News
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
  • Business
  • Technology
  • Health
  • Lifestyle
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
Facebook X (Twitter) Instagram Pinterest
JHB NewsJHB News
  • Local
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
Let’s Fight Corruption
JHB NewsJHB News
Home»Finance»US Labor Department ends fair pay probe into Scale AI
Finance

US Labor Department ends fair pay probe into Scale AI

May 12, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
US Labor Department ends fair pay probe into Scale AI
Share
Facebook Twitter LinkedIn Pinterest Email

The US Division of Labor has concluded its investigation into Scale AI, a startup backed by Nvidia and Amazon, relating to its compliance with the Honest Labor Requirements Act (FLSA), reported Reuters citing a supply aware of the state of affairs.

The FLSA units the framework for minimal wage, time beyond regulation pay, and different employment requirements inside the nation.

The inquiry, which commenced practically one yr in the past, through the tenure of former President Joe Biden, scrutinised the startup’s truthful pay practices and dealing situations, Scale AI stated in March 2025.

In response to the closure, Scale AI stated it was “happy” with the replace from DOL, reported JHB.

Scale AI, established in 2016, specialises in offering precisely labelled knowledge essential for coaching superior AI instruments like OpenAI’s ChatGPT.

The startup additionally gives a platform for AI analysis alternate, boasting contributions from greater than 9,000 cities and cities globally.

Within the earlier yr, Scale AI secured $1bn in a late-stage funding spherical led by Accel, with NVIDIA, Amazon, and Meta additionally collaborating.

The funding, which elevated the corporate’s valuation to roughly $14bn, is aimed toward enhancing knowledge capabilities for enterprise shoppers, the US Division of Protection, and supporting the DEFCON 31 red-teaming occasion introduced by the White Home.

The funding spherical additionally noticed investments from distinguished entities together with Coatue, Tiger World Administration, Intel Capital, and AMD Ventures.

This adopted a $325m sequence E funding spherical in 2021, which on the time reportedly valued Scale AI at round $7.3bn.

“US Labor Division ends truthful pay probe into Scale AI” was initially created and printed by Verdict, a GlobalData owned model.

 


The knowledge on this web site has been included in good religion for common informational functions solely. It isn’t supposed to quantity to recommendation on which you need to rely, and we give no illustration, guarantee or assure, whether or not categorical or implied as to its accuracy or completeness. You will need to receive skilled or specialist recommendation earlier than taking, or refraining from, any motion on the idea of the content material on our web site.

Source link

department ends Fair labor Pay probe scale
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Tapestry raises FY25 outlook as Q3 sales surge 7%

May 12, 2025

PCAOB releases content to aid firms implement QC 1000 standards

May 12, 2025

OpenAI negotiates with Microsoft for new funding and future IPO, FT reports

May 12, 2025

Best high-yield savings interest rates today, May 11, 2025 (best accounts offering 4.36% APY)

May 12, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Tapestry raises FY25 outlook as Q3 sales surge 7%

May 12, 2025

IMD issues yellow alert for parts of Karnataka as pre-monsoon showers pick up pace | Bangalore News

May 12, 2025

Trump says he threatened to cut trade with India, Pakistan to force ceasefire: ‘Stopped a nuclear conflict’ | India News

May 12, 2025

‘My folks said that…’: Madhuri Dixit’s in-laws ‘were not happy’ when Dr Shriram Nene quit his heart surgeon job; expert on navigating career transitions | Workplace News

May 12, 2025
Popular Post

Chris Gayle copies Cristiano Ronaldo’s iconic Siuu celebration, Yuvraj Singh reacts hilariously 

Tesla shares record rare jump this month on the way to worst year

Exclusive: ValueAct calls for Seven & i to spin off 7-Eleven retail chain

Subscribe to Updates

Get the latest news from JHB News about Bangalore, Worlds, Entertainment and more.

JHB News
Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
© 2025 Jhb.news - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.