Appen to Acquire Figure Eight to Create Industry-Leading Solution for High-Quality Machine Learning Training Data
Summary
SYDNEY--( BUSINESS WIRE )--Appen Limited, a global leader in the provision of high-quality, human-annotated datasets for machine learning and AI, today announced it has signed a definitive agreement to acquire Figure Eight, a best in class machine learning software platform which uses highly automated tools to transform unlabeled text, image, audio, and video data into high-quality AI training data. The unified business will be strongly positioned to deliver the increasing volume, quality and speed requirements for training data to support machine learning and AI. Founded in San Francisco in 2007, Figure Eight (previously known as CrowdFlower) has played a critical role in the artificial intelligence ecosystem, having delivered 325 million human judgments in 2018 alone. Appen brings over 20 years of experience capturing and enriching a wide variety of data types including speech, text, image and video. With over a decade of experience and 10+ billion judgments, Figure Eight’s enterprise-ready data annotation platform delivers unprecedented quality and scale across a diverse set of industries and use cases.