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Scale AI Acquires Pesto AI Team, Signals Startup Market Shift


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Scale AI Acquires Pesto AI Team, Signals Startup Market Shift

Scale AI has taken over the Pesto AI team, showing that it is expanding its AI infrastructure and finding new remote developers in emerging markets.

Scale AI has acquired the Pesto AI team which specialized in finding remote developers for clients. Pesto AI will no longer be operating after the acquisition.  Established by Ayush Jaiswal and Swiggy co-founder Rahul Jaimini, the company found success by raising $8 million and inventing a new income-sharing system to support and hire developers in India and neighboring countries. At first, their people achieved very promising average salaries which proved how successfully the startup builds remote talent from around the globe.

The deal demonstrates the fast-paced growth strategy Scale AI is following, as it seeks to lead in the AI infrastructure industry. Scale AI’s $1.6 billion in total funding and recent $1 billion Series F will let the company hire more experts, with its expected 2025 revenue exceeding $2 billion.

The focus of Scale AI on supplying reliable training data to machine learning teams has brought in Amazon, Meta and Nvidia as big investors, highlighting its role in AI. Startups show the importance of technical talent growth by adding the Pesto AI team, regardless of changes in their business approaches.

Scale AI’s expansion to the Middle East through opening new offices, along with this startup deal, points to changes in technology talent and AI infrastructure building across the world.

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