Snorkel AI triples valuation to $3.5B as demand for AI training data booms
techcrunch.comMarina Temkin
Snorkel AI has raised $350 million in Series E funding, bringing its valuation to $3.5 billion. The startup provides data-as-a-service solutions for AI model training, capitalizing on growing demand for high-quality training data.
Why it mattersFor AI tool builders, access to reliable training data infrastructure is critical; Snorkel's growth reflects how data provision is becoming a bottleneck businesses will pay premium prices to solve.
From the source: The seven-year-old startup has raised a $350 million Series E to fuel its data-as-a-service approach.Read at techcrunch.com