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Benzinga
Benzinga
Business
Paula Tudoran

Scale AI Rival Micro1 Hits $50M Revenue At Age 3 As 24-Year-Old CEO Ali Ansari Lands $35M From Twitter's Ex-Executives

Ali Ansari Twitter Inc. Scale AI Dick Costolo TechCrunch Meta Zara
Startup,Funding,-,Act,Of,Raising,Capital,To,Support,A

Micro1 announced late last week that it secured a $35 million Series A round that valued the company at $500 million, with 24-year-old CEO Ali Ansari leading the startup. The funding was led by 01 Advisors, a venture capital firm co-founded by former Twitter CEO Dick Costolo and former Twitter Chief Operating Officer Adam Bain.

Bain will also join the company's board alongside Joshua Browder, the founder and CEO of AI legal startup DoNotPay. "Really, the only way models are now learning is through net new human data. Micro1 is at the core of providing that data to all frontier labs, while moving at speeds I've never seen before," Bain told TechCrunch.

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