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About Appen
Industries
AI & Machine Learning
Company Size
10,001+
Company Stage
IPO
Headquarters
Sydney, Australia
Founded
1996
Overview
Appen provides high-quality training data necessary for developing artificial intelligence (AI) systems. The company specializes in collecting and labeling various data types, including images, text, and audio, which helps train AI models to perform tasks accurately. Appen stands out from competitors by combining in-house experts with a large network of over 1 million flexible contractors, allowing for efficient data annotation services. The goal is to enable clients to create effective AI solutions by providing reliable training data.
Simplify's Take
What believers are saying
- Appen raised $50 million to capitalize on generative AI opportunities.
- Appen launched a solution for enterprises to customize large language models.
- Appen recognized as a leader in data annotation by Everest Group in 2024.
What critics are saying
- Increased competition from emerging data annotation startups threatens Appen's market share.
- A major contract breach with Google highlights potential client relationship vulnerabilities.
- Office closures in Toronto and Bellevue may impact operational capabilities and morale.
What makes Appen unique
- Appen specializes in high-quality training data for AI systems.
- Appen offers multi-language database development for complex language technology needs.
- Appen's Social Instinct platform moderates social media content in multiple languages.
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Funding
Total Funding
$40.2M
Above
Industry Average
Funded Over
1 Rounds
Benefits
Remote Work Options
Professional Development Budget
Flexible Work Hours
Company News
At the beginning of September, Appen launched its new contributor platform, CrowdGen.
To meet their goals, ReflexAI partnered with Appen to gather high-quality training data and fine-tune their AI model for realistic, empathetic conversations while prioritizing responsible AI development and human feedback.
After pulling itself up by the bootstraps when a major contract fell through with Google earlier this year, Sydney-based artificial intelligence (AI) annotation and services group Appen (ASX: APX) has announced a return to underlying profitability in the September quarter and is now raising $50 million to take advantage of generative AI (GenAI) opportunities.
Appen is global leader in the development of high-quality, human annotated datasets for machine learning and artificial intelligence for use by technology companies and world governments.
KIRKLAND, Wash., April 16, 2024 - Appen Limited (Appen) (ASX: APX), a leading provider of high-quality data for AI, has been recognized as a Leader in Everest Group's Data Annotation and Labeling (DAL) Solutions for AI/ML PEAK Matrix(R) 2024.
Appen is Hiring for 8 Jobs on Simplify!
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About Appen
Industries
AI & Machine Learning
Company Size
10,001+
Company Stage
IPO
Headquarters
Sydney, Australia
Founded
1996
Appen is Hiring for 8 Jobs on Simplify!
Find jobs on Simplify and start your career today