The RUNWAY Startup Incubator startup Rapidata has secured CHF 1 million in funding from Innosuisse. The funding is intended to help Rapidata redefine data annotation for AI. Research and development work is needed, particularly in terms of speed, costs and reliability.
Rapidata intends to redefine data annotation for AI. The start-up is receiving CHF 1 million from the Innosuisse funding organisation. This funding is intended to help make data annotation faster, cheaper and more reliable.
New resources for AI development
According to Rapidata on LinkedIn, the funding will enable Rapidata to provide live and near-instant human feedback for training and improving generative AI models. This capability is a significant step forward in providing high quality and diverse data. As a result, real-time improvements and accuracy in AI systems can be significantly influenced and improved.
In the coming months, Rapidata plans to expand its team and hire additional talent, as the startup writes. The company accepts applications at join@rapidata.ai.
