Simulation Platform Launched to Train Machine Learning Algorithms
The demand for AI applications has resulted in an insatiable hunger for data, which at scale is often proprietary, expensive, and time consuming to manually prepare. AI.Reverie believes that the best way to deal with these challenges is with synthetic data — data created in a virtual world rather than collected from the real world at a fraction of the cost. By simulating the real world, our virtual world creates synthetic data that is as good as, and sometimes better than, real data. As our virtual world becomes more photorealistic, its usefulness for training machine learning algorithms dramatically increases.
Key advantages of AI.Reverie’s platform include:
- Offering a suite of data and vision APIs – Helps businesses that do not have the in-house AI expertise.
- Scaling by using geospatial data – Not limited by the traditional bottlenecks of creating simulations.
- Addressing edge case scenarios – Real world data has limitations, but synthetic data opens up opportunities.
- Implementing across many different industries – Allowing all verticals to benefit from the advancement of AI.
“We believe that simulation and synthetic data will become the de facto scalable solution to provide the massive amounts of data required to improve the performance of vision algorithms,” said Daeil Kim, founder and CEO of AI.Reverie. “Our mission to become the market leader is driven by our ability to generate photorealistic synthetic data to support the vision needs of many different industries at scale and low cost. We are honored to gain the support of industry leading investors as we execute our strategy of significantly advancing AI by using our platform.”
“AI.Reverie has the team and platform to propel AI given the significant need for data to perfect vision algorithms. With its proprietary synthetic database and simulation platform, AI.Reverie will be able to accelerate the performance of vision algorithms across many vertical markets, at scale and low cost and we are excited to be their partners,” said Raanan Bar-Cohen, Co-Founder at Resolute Ventures.