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AI data provider Invisible raises $100M at $2B+ valuation

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Invisible Technologies Inc., a startup that provides training data for artificial intelligence projects, has raised $100 million in funding.

Bloomberg reported today that the deal values the company at more than $2 billion. Newly formed venture capital firm Vanara Capital led the round with participation from Acrew Capital, Greycroft and more than a half dozen others.

AI training datasets often include annotations that summarize the records they contain. A business document, for example, might include an annotation that explains the topic it discusses. Such explanations make it easier for the AI model being trained to understand the data, which can improve its output quality.

Invisible provides enterprises with access to experts who can produce custom training data and annotations for their AI models. Those experts also take on certain other projects. Notably, they can create data for RLHF, or reinforcement learning from human feedback, initiatives. .

RLHF is a post-training method, which means it’s used to optimize AI models that have already been trained. The process involves giving the model a set of prompts and asking human experts to rate the quality of its responses. The experts’ ratings are used to train a neural network called a reward model. This model, in turn, provides feedback to the original AI model that helps it generate more useful prompt responses. 

Invisible offers a tool called Neuron that helps customers manage their training datasets. The software can combine annotated data with external information, including both structured and structured records. It also creates an ontology in the process. This is a file that explains the different types of records in a training dataset and the connections between them.

Another Invisible tool, Atomic, enables companies to collect data on how employees perform repetitive business tasks. The company says that this data makes it possible to automate manual work with AI agents. Additionally, Invisible offers a third tool called Synapse that helps developers implement automation workflows. 

“Our software platform, combined with our expert marketplace, enables companies to organize, clean, label, and map their data,” said Invisible Chief Executive Officer Matthew Fitzpatrick. “This foundation enables them to build agentic workflows that drive real impact.”

Today’s funding round follows a period of rapid growth for the company. Between 2020 and 2024, Invisible’s annual revenue increased by a factor of over 48 to $134 billion. This year, the data provider doubled the size of its engineering group and refreshed its leadership team.

Invisible will use the new capital to enhance its software tools. The investment comes amid rumors that a competing provider of AI training data, Surge AI Inc., may also raise funding at a multibillion-dollar valuation

Image: Invisible 

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Shift left might have failed – but AI looks set to deliver on its promise

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“AI will replace QA.” It was not the first time I had heard this claim. But when someone said it to me directly, I asked them to demonstrate how and they simply couldn’t.

That exchange occurred shortly after my co-founder Guy and I launched our second company, BlinqIO. This time, we focused our efforts on building a fully autonomous AI Test Engineer.



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Equator Global’s new AI tool a…

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Equator Global is pushing out a new training platform upgrade, uses cutting edge technology to make learning, product knowledge development and sales support faster and easier for travel agents.

The enhanced training platform incorporates AI to put instant knowledge, ideas and support at travel agents’ fingertips.

The new ‘Advanced Intelligence’ platform blends human and artificial intelligence to deliver instant information (in more than 25 languages) on destinations, hotels, cruises, airlines, and other travel products.

Agents simply type in their travel question, and the ‘Auto-Expert’ generates quick and clear information within seconds. The new tool is also capable of creating and suggesting itineraries.

To make learning more engaging and easier to absorb, the platform automatically generates Auto-Podcasts.

Each time an agent asks a question through the AI tool, the answer is transformed into a podcast, presented as a natural, discussion-style conversation between two life-like hosts.

The podcasts allow travel agents to revisit the platform’s responses in an easy and fun way, continuing learning whether at work, on the go, or at home.

Equator Global’s CEO, Ian Dockreay, says: “This is just the start of the next stage of travel e-learning, marketing and information technology.”

Philip Micallef, the newly appointed Marketing and Account Manager at Equator Global, said: “I’m excited to have joined Equator Global at this stage of their expansion and development. Emerging knowledge technologies are really taking off into a whole new world of innovation and delivery, most of which we couldn’t have imagined just a few short years ago.”

Drawing on more than 20 years of experience, supporting over 350,000 travel agents and tour operators worldwide, the new AI tool is a revolutionary upgrade to how agents learn and sell.

To ensure the answers are reliable and accurate, Equator Global is working with their travel and tourism clients to create a bespoke digital knowledge cloud with the client feeding it with data and sources that will deliver the best information for agents.

 



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Mainland tech stocks in HK jump as AI boom lifts index to four-year high

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This undated photo shows robots on display at the World AI Conference (WAIC) in Shanghai, China. (PHOTO / BLOOMBERG)

A blistering rally in Chinese mainland technology shares accelerated on Wednesday as renewed bets on artificial intelligence sent a key gauge to the highest in nearly four years.

The Hang Seng Tech Index, which tracks the largest tech firms listed in the Hong Kong Special Administrative Region, rose as much as 3.9 percent to hit its highest level since November 2021.

Search engine operator Baidu Inc led gains with a 19 percent jump but multiple tech giants came along for the ride: Shares of Alibaba Group Holding Ltd, Semiconductor Manufacturing International Corp, and JD.com Inc all surged in morning trading.

The index is now set for its seventh consecutive week of gains, helped by hopes that tech companies’ big bets on AI will pay off. The gauge has surged 41 percent this year, trouncing a benchmark of regional peers.

ALSO READ: Hong Kong equity deals boom as mainland firms rush to market

“China tech leaders are visibly re-accelerating AI spend and product rollouts — models, robotaxis, in-house chips — while also proving they can monetize AI faster than many expected,” said Charu Chanana, chief investment strategist at Saxo Markets. “With valuations lagging the US, investors are starting to pay attention again.”

The Hang Seng Tech Index trades at around 20.5 times forward earnings, below its five-year average of 23.3 times earnings and Nasdaq 100 Index’s ratio of 27 times, according to Bloomberg-compiled data.

Brokers are quickly lifting price targets. Goldman Sachs Group Inc has raised its target for Alibaba’s shares, citing a better outlook for its cloud business. Arete Research Services LLP lifted its rating on Baidu’s American depositary receipts to buy from sell on the growth potential for its in-house chip business. Earlier this week, JPMorgan Chase & Co upgraded its rating on battery maker Contemporary Amperex Technology Co.

Other headwinds for the mainland’s internet sector are starting to clear. A local media report citing JD.com chairman Richard Liu saying he was not interested in starting a price war in the hotel sector sent shares of the e-commerce giant surging by more than 6 percent. Rivals including Meituan and Trip.com Group Ltd also jumped.

Big Spending

The mainland’s biggest tech companies are in the middle of a spending spree on AI, as they race against one another and against US firms to conquer a market widely expected to revolutionize how people live and work.

Total capital expenditure from major mainland internet firms such as Alibaba, Tencent Holdings Ltd, Baidu and JD.com is set to hit $32 billion in 2025, more than doubling from $13 billion in 2023, according to a Bloomberg Intelligence report.

That has helped create a funding spree in equity and bond markets. Alibaba raised $3.2 billion from a blockbuster convertible bond offering last week, while Tencent turned to the dim sum bond market for 9 billion yuan ($1.27 billion) on Tuesday, its first bond sale in four years.

READ MORE: HK stocks open week on positive note as rate cut expectations rise

The latest news fueling optimism was a state television report Tuesday night that China Unicom’s Sanjiangyuan data center has signed contracts to deploy AI chips from local firms including Alibaba’s chip unit T-Head.

Separately, mainland foundry SMIC’s shares jumped over 6 percent following a report that it is running trials on the mainland’s first domestically produced advanced chipmaking equipment.

 

 



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