I am very pleased to share the news that Appen has entered into an agreement to acquire Figure Eight! Both of our companies have shared the same goal for many years; to provide our customers with the high-quality training data needed to scale their machine learning and AI programs.
By bringing Appen and Figure Eight together, we’re offering our customers a single source for high- quality training data, supported by leading technology, an extensive global crowd, and a team that is committed to their success.
When Chris and I first founded Figure Eight (previously known as CrowdFlower) back in 2007, we knew it would play a critical role within the artificial intelligence ecosystem. With over 10 billion human judgments in 2018 alone, Figure Eight continues to enhance its capabilities and platform – including machine learning-assisted data labeling and video object tracking – that can create high-quality training datasets up to 50 times faster than human labeling.
Appen – based in Sydney, Australia and listed on the Australian Securities Exchange (ASX:APX) with offices worldwide – successfully deploys its global crowd of over 1 million skilled contractors, working in over 180 languages and more than 130 countries, to support its global customer base that includes eight of the world’s ten largest technology companies.
Through the end of 2019, Figure Eight will operate largely independently as a division of Appen to ensure it remains focused on its product development and customers. To our Figure Eight customers, points of contact will remain the same for 2019. Beyond 2019, Figure Eight’s talented team and powerful technology will be integral to Appen’s future success. We will keep you informed of all developments as they occur.
To learn more about our exciting news, please read the official press release here.