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Synthetaic claims synthetic data is as good as the real thing when it comes to AI
Synthetaic, a startup developing tools to create synthetic data for training AI models, has raised $15 million in a venture funding round.
This week, Synthetaic raised $15 million in a Series B round co-led by Lupa Systems and TitletownTech, a VC firm formed out a partnership between the Green Bay Packers and Microsoft, with participation from IBM Ventures and the aforementioned Booz Allen Hamilton. He’s scuba dived among icebergs in Antarctica, descended 12,500 feet below the ocean’s surface to explore Titanic wreckage, led a helicopter-based effort to draft a map of the Napolese side of Everest and ventured deep inside flooded caves while cataloguing Maya human sacrifice victims and Ice Age bear skeletons. The startup claims to have worked with the U.S. Air Force to test AI-powered object detection in geospatial data and with The Nature Conservancy, the nonprofit environmental organization, to identify species of birds previously thought to be extinct.
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