Snorkel AI raises $350M after turning its software into a data service
The Stanford spinout says its data-service pivot lifted annualized revenue run-rate from $20M to $350M in a year.
By RuntimeWire Staff · Published
Primary source: Reuters
Why it matters
Snorkel's valuation jump shows investors moving upstream from AI applications into the expert datasets, evaluations and simulated environments required to train increasingly capable agents.
Snorkel AI has raised $350 million at a $3.5 billion valuation, rewarding co-founder and CEO Alex Ratner (@ajratner) for a sharp turn from selling data-labeling software to delivering the finished datasets and training environments that frontier AI labs need.…
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