37-year-old ex-Google employee created $1 billion business without investors

Post Thumbnail

The rapid rise of Surge AI company in the data annotation industry for artificial intelligence is impressive! 37-year-old founder Edwin Chen previously worked at Dropbox, Google and Twitter. And then, relying exclusively on his own funds, he built his business. Which serves the most influential players — Google, OpenAI and Anthropic.

And Surge AI achieved cool financial indicators. Annual revenue exceeded $1 billion! That’s $130 million more than the nearest competitor Scale AI. Which attracted massive investments from venture funds. Even more amazing is that Surge AI was profitable from the first days of operation!

The secret of success lies in “elite” positioning. The company charges prices 100-400% higher than Scale AI. But guarantees impeccable quality. It’s exactly to them that OpenAI entrusted the fine-tuning of their models, and Anthropic uses their expertise for evaluating artificial intelligence safety.

Behind this stands a team of 110 high-class specialists working in New York and San Francisco. And essentially, Edwin Chen managed to create the gold standard in an industry where data annotation quality directly affects artificial intelligence performance.

Почитать из последнего
UBTech will send Walker S2 robots to serve on China's border for $37 million
Chinese company UBTech won a contract for $37 million. And will send humanoid robots Walker S2 to serve on China's border with Vietnam. South China Morning Post reports that the robots will interact with tourists and staff, perform logistics operations, inspect cargo and patrol the area. And characteristically — they can independently change their battery.
Anthropic accidentally revealed an internal document about Claude's "soul"
Anthropic accidentally revealed the "soul" of artificial intelligence to a user. And this is not a metaphor. This is a quite specific internal document.
Jensen Huang ordered Nvidia employees to use AI everywhere
Jensen Huang announced total mobilization under the banner of artificial intelligence inside Nvidia. And this is no longer a recommendation. This is a requirement.
AI chatbots generate content that exacerbates eating disorders
A joint study by Stanford University and the Center for Democracy and Technology showed a disturbing picture. Chatbots with artificial intelligence pose a serious risk to people with eating disorders. Scientists warn that neural networks hand out harmful advice about diets. They suggest ways to hide the disorder and generate "inspiring weight loss content" that worsens the problem.
OpenAGI released the Lux model that overtakes Google and OpenAI
Startup OpenAGI released the Lux model for computer control and claims this is a breakthrough. According to benchmarks, the model overtakes analogues from Google, OpenAI and Anthropic by a whole generation. Moreover, it works faster. About 1 second per step instead of 3 seconds for competitors. And 10 times cheaper in cost per processing 1 token.