Encord lands new cash to grow its data labeling tools for AI

Quick Summary:

Labeling and annotation platforms might not get the attention flashy new generative AI models do.But they’re essential.

The data on which many models train must be labeled, or the models wouldn’t be able to interpret that data during the training process.

Annotation is a vast undertaking, requiring thousands to millions of annotations for the larger and more sophisticated data sets in use.

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Article Details

Author / Journalist: Kyle Wiggers

Category: StartupsBusiness

Markets: United StatesPuerto RicoSingapore

Topics: AI Data labeling Data Labeling Funding Annotation Encord Enterprise Startup Startups Fundraising

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 16:00:00 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1306 words

Reading Time: 8 minutes read

Sentences: 53 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22066767

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