Zurich-based AI infrastructure startup Rapidata raises €7.2 million to scale global human feedback network
European AI infrastructure is witnessing significant growth, with Zurich-based Rapidata securing €7.2 million in a Seed funding round. This investment underscores the increasing importance of human feedback in accelerating AI development, a critical bottleneck for companies aiming to refine and validate their models in a competitive global market. The funding will be used to scale Rapidata's global human data network, enabling faster and more reliable feedback loops for AI developers. Rapidata's innovative approach leverages digital ads to crowdsource on-demand data labeling from a global network of participants. This method significantly compresses feedback cycles from months to days, allowing AI companies to iterate and improve their models at an unprecedented pace. This rapid iteration capability is crucial for unlocking new AI innovations and ensuring that AI systems evolve continuously rather than on a release-cycle basis. This funding round, co-led by Canaan Partners and IA Ventures, highlights a broader trend of European investment in AI infrastructure and data governance solutions. Similar to Rapidata, other European startups like Qala (data governance) and simmetry.ai (synthetic data) are receiving significant backing, collectively addressing key challenges in data quality, AI training, and operational efficiency within the European digital ecosystem. These developments suggest a robust push towards strengthening Europe's AI capabilities and fostering digital sovereignty.
Curated and translated by Europe Digital for our multilingual European audience.
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