Mighty AI Raises $14 Million to Build AI Training Data
Speaking of wonders, artificial intelligence is probably the most wondrous thing of all right now. You probably know that AI “learns” by examining training data. But did you know that training data itself is such a big business that there’s a company offering “training data as a service”. Yep. In fact, MightyAI (formerly Spare5) has actually trademarked the term. They generate training data with a network of tens of thousands of individuals who conduct microtasks in their spare time, such as identifying and labeling objects in images or doing sentiment analysis of text.” They just raised $14 million in new funding, bringing their total since 2014 to $27.25 million. Honestly, I’m just including this item because I think it’s cool such a business exists. And, really, there’s not much other news today, right?