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Magic Data Tech announced Launch of Annotator® 5 0, An AI-Assisted Data Annotation Platform

Share this article Share this article BEIJING, July 8, 2021 /PRNewswire/ Annotator® 5.0, an independently developed data annotation system, was official launched by Magic Data Tech on July 8, 2021 on World Artificial Intelligence Conference (WAIC) 2021, which is a global gathering and exchange of AI innovation ideas, technologies, and applications, held on Shanghai between July 7 and July 10. July 8, 2021, Shanghai, witnessed by top scientists, entrepreneurs, experts and scholars, investors, and start-up teams congregated in WAIC, Dr. Qingqing ZHANG officially introduced Annotator 5.0® to the public, which will go online by Q3-2021. Along with the rise of artificial intelligence, demand of high-quality AI data grows day by day. According to iResearch Inc., a Chinese consultancy, the Chinese market size of AI data services is estimated to reach 10 billion RMB by 2025, with an average annualized rate of 21.8%.

Magic Data Tech Raised Tens of Millions in Series B Funding Round

Magic Data Tech Raised Tens of Millions in Series B Funding Round News provided by Share this article Share this article BEIJING, May 19, 2021 /PRNewswire/ Earlier this year, Magic Data Tech completed its Series B funding round with tens of millions of RMB. With this financing, Magic Data Tech, a global provider for AI datasets, will extend both in terms of business and scale, and provide better voice data packages and services to the AI market. Languages and proportion Financed by Vantron Capital, the funding will be used to build a global open-source community MagicHub (https://magichub.io/) for AI developers, to design and develop datasets for conversational AI, as well as to research and develop the SaaS platform for data collection and annotation.

Recently launched MagicHub io offers free datasets for machine learning

MagicHub.io was launched on April 15. As the founder, Magic Data Tech, lays the leading position in the amount of conversational speech data and becomes the first China company to release open-source datasets on an independent website, which might change the way users get data. Massive, diversiform datasets are released on MagicHub.io. The datasets are subdivided into multiple dimensions, offering AI engineers a more efficient way to find datasets for their various AI models, thereby reserves more energy on algorithm optimization. Magic Data Tech. welcomes all data producers of discoverers to join and release datasets on MagicHub.io.  We, together, could build a better ecology for open source. Please contact us if interested.

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