Toloka receives investment from Bezos Expeeds

The Dutch AI Data Solutions has obtained an investment from Bezos Experedits, the investment arm of Amazon Jeff Bezos founder.

The financing round was announced by the Nebius Group, the parent company of Toloka.

Toloka plans to use funds to expand the scope of operations and sharpen its strategic focus amid the high global demand for reliable AI data solutions.

The investment round also witnessed the participation of Shopify Cto Mikhail Parakhin, who will take over the CEO of the newly formed directors of directors in Toloka.

After the deal, Nebius will keep a majority economic share in Toloka but to give up control of the majority voting.

This step aims to give the company greater independence while allowing NEBIUS to focus on Amnesty International’s basic infrastructure.

“This investment represents a pivotal moment for Toloka as we enter a new stage of growth,” said Megorskaya.

“With strong financial support from strategic investors who understand the depth of the male scene, we are now in a position to expand our technological innovations significantly in the critical intersection of human experience and artificial intelligence capabilities.

Toloka has started as a platform to put the crowd data, now support customers including Amazon, Microsoft, Anthropic and Shopify.

The company is specialized in safety evaluation, red groups, and other services that aim to improve the reliability of artificial intelligence systems.

“The demand for artificial intelligence experience on a global level is more urgent than ever. Toloca is in a unique position to meet this need, and is distinguished by its excellent engineering, its strong research reputation, and the ability has proven to mix ML experience with human management on a large scale.

“I am excited to join Toloka to help the company seize the opportunity to help form the next chapter of our industry.”

Arkadi Folio, CEO of Nebius, and Charles Ryan, Non -Executive Director, will join the Toloka Board of Directors as non -executive managers.

“Toloca receives investment from Bezos Expeeds” was originally created and published by RulingThe brand owned by Globaldata.

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