Snorkel AI announces AI Application Studio
Snorkel AI, the company accelerating enterprise AI application development and deployment through programmatic data labeling, is releasing Application Studio, a visual builder with templated solutions for common AI use cases.
Application Studio is in preview and will be generally available later this year within Snorkel Flow, an AI development platform to programmatically label data and train, deploy, and analyze models iteratively.
“Snorkel Flow’s programmatic approach to training data labeling and model development uniquely unlocks these use cases and a whole new way to rapidly and iteratively develop AI applications–which we’re now excited to make increasingly templatized and fast to deploy with Application Studio,” said Alex Ratner, co-founder and CEO of Snorkel AI.
Snorkel Flow makes it possible for data scientists, developers, and subject matter experts to rapidly create and manage training data, train custom machine learning models, analyze and iterate to systematically improve and adapt and deploy AI applications quickly.
With Snorkel Flow, organizations have achieved state-of-the-art machine learning model accuracy in days and 10-100x reductions in development time. Customers include two of the three top US banks, global insurance, biotech and telecommunications providers and several government agencies.
With the introduction of Application Studio, Snorkel AI lets enterprises develop AI applications faster than ever before. Application Studio provides data scientists, developers and subject matter experts with:
- Pre-built solution templates
- High-performance models
- Collaborative workflows
- Auditable and adaptable capabilities
- Data privacy at enterprise scale
Additionally, Snorkel AI also announced $35 million in Series B funding, bringing the total raised to $50 million, enabling the company to continue scaling its world-class engineering team and bringing its technology to leading enterprises.
This round was led by Lightspeed Venture Partners; previous investors Greylock, GV, In-Q-Tel and Nepenthe Capital and new investors Walden and funds and accounts managed by BlackRock also participated.
For more information about this news, visit https://snorkel.ai/.