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Snorkel AI triples valuation to $3.5B as demand for AI training data booms

Confirmed by independent reporting: at least two independent news organisations reported this. It has not been officially confirmed by the organisations involved.

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What happened

The seven-year-old startup has raised a $350 million Series E to fuel its data-as-a-service approach. Snorkel AI Inc., a provider of artificial intelligence training data, today disclosed that it has raised $350 million in funding.

They were joined by more than a half-dozen other backers including Alphabet Inc.โ€™s GV startup fund. Snorkel AI was founded in 2019 by researchers from the Stanford [โ€ฆ] The post Training data provider Snorkel AI raises $350M at $3.5B valuation appeared first on SiliconANGLE .

Sources & evidence