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Snorkel AI triples valuation to $3.5B as demand for AI training data booms

Image: TechCrunch

Snorkel AI has raised $350 million in Series E funding, tripling its valuation to $3.5 billion as demand grows for its data-as-a-service approach to AI training data.

Why it matters

The massive valuation increase reflects strong market demand for specialized AI training data infrastructure, a critical bottleneck for AI development.

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