Synthesis AI emerges from stealth with $4.5M to create synthetic face datasets

20 Apr, 2021

Synthesis AI emerges from stealth with $4.5M to create synthetic face datasets

– Synthesis AI, a synthetic data company, today emerged from stealth with the announcement that it closed a $4.5 million funding round.
– The startup says that the capital will allow it to expand its R&D team and develop new synthetic data technologies.
– Self-driving vehicle companies alone spend billions of dollars per year collecting and labeling data, according to estimates. Third-party contractors enlist hundreds of thousands of human data labelers to draw and trace the annotations machine learning models need to learn. (A properly labeled dataset provides a ground truth that the models use to check their predictions for accuracy and continue refining their algorithms.)

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