Bezos Expeditions Leads $72M Investment in AI Data Firm Toloka
Bezos Expeditions, Jeff Bezos's personal investment firm, is heading a $72 million funding round for AI data solutions firm Toloka. The investment is expected to fuel the company's growth and speed up its expansion in the US and other strategic markets.
Advancing Human-AI Collaboration
Toloka specializes in training and evaluating AI models using a global network of human experts and data annotators. Its services help enhance the performance and safety of large-scale AI systems by integrating human oversight into AI development.
The company operates under Nasdaq-listed Nebius Group and has previously partnered with Amazon, Microsoft, and Anthropic.
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Governance and Future Plans
While Nebius will remain a significant economic shareholder in Toloka, it has given up majority voting control, granting the company greater independence. Mikhail Parakhin, CTO of Shopify, also participate in the round and will serve as executive chairman of Toloka’s newly formed board.
Toloka has indicated that another funding round may be on the horizon as it continues expanding its capabilities and customer base.
