Snorkel AI triples valuation to $3.5B as demand for AI training data booms
The seven-year-old startup has raised a $350 million Series E to fuel its data-as-a-service approach.
The seven-year-old startup has raised a $350 million Series E to fuel its data-as-a-service approach.
Surging demand for AI training data is driving rapid growth for the startup and its rivals.
The deal’s purpose is primarily to acquire talent, aka an acqui-hire, adding nine key Cleanlab employees to Handshake’s research organization.
Mercor, which connects AI labs with domain experts for training their foundational AI models, is close to raising $350 million at a $10 billion valuation.
The two-year-old startup has been in discussions with investors for a Series C round.
Datumo began as an AI data labeling company and now wants to help businesses build safer AI with tools and data that enable testing, monitoring, and improving their models — without requiring technical expertise.