Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
After losing the big OpenAI deal, Scale's expected annual revenue surpasses $1 billion, and its enterprise application business will overtake data annotation within 18 months.
AIMPACT News, May 15 (UTC+8): Nearly a year after Meta invested $14 billion to acquire a 49% stake in Scale AI and took away its founder, Alexandr Wang, CEO Jason Droege has disclosed that the company expects this year’s revenue to exceed $1 billion. To break away from reliance on a single business, Scale’s core strategy is shifting from data labeling to developing internal AI applications for government and enterprise clients. The annualized revenue from this business has already reached $200 million, and Droege expects it to surpass data labeling within 18 months, becoming the company’s largest revenue source.
Although the M&A deal in June last year locked in a five-year contract from Meta worth at least $450 million per year, it also led to the direct loss of OpenAI, the most important customer it had when it first started. Due to concerns about Meta’s equity stake, competitors have revealed that Scale has recently been noticeably sidelined in the competition for data-labeling contract wins. Droege responded that accelerating the transition is not because customers are rejecting it, but because the overall growth rate of the data-labeling market is slowing down, while service demand from large enterprises for transitioning to AI has only just begun to open up.
Under the new strategy, Scale’s application business is making rapid progress. In the enterprise segment, it has signed with Ernst & Young and the Mayo Clinic, while in the government segment it has repeatedly secured major orders. Last week, the U.S. Department of Defense awarded it a $500 million Project Thunderforge contract to connect AI agents to military mission planning. Last month, Scale was also jointly selected with companies such as Palantir for the Golden Dome missile defense project, with a total budget of $1850 billion. Investor Coatue believes that having both large-model training experience and the ability to deliver for government and enterprise clients is Scale’s unique “edge” to maintain its high valuation and continue pushing for an IPO.
(Source: BlockBeats)