Big Data

Why Databricks Ventures Invested in Labelbox: Streamline Unstructured Information Workflows in a Lakehouse

Final month, Databricks introduced the creation of Databricks Ventures, a strategic funding car to foster the subsequent technology of innovation and know-how harnessing the facility of information and AI. We launched with the Lakehouse Fund, impressed by the rising adoption of the lakehouse structure, which can assist early and growth-stage firms extending the lakehouse ecosystem or powered by lakehouse. That’s why at this time, I’m thrilled to share Databricks Ventures’ first introduced funding: Labelbox.

Labelbox is a number one coaching knowledge platform for machine studying functions. Reasonably than requiring firms to construct their very own costly and incomplete homegrown instruments, Labelbox created a collaborative coaching knowledge platform that acts as a command middle for knowledge scientists to collaborate with dispersed annotation groups.

Collectively, Databricks and Labelbox ship a perfect surroundings for unstructured knowledge workflows. Customers can merely take unstructured knowledge (photographs, video, textual content, geospatial and extra) from their knowledge lake, annotate it with Labelbox, after which carry out knowledge science in Databricks.

Earlier this 12 months, Labelbox launched a connector to Databricks so prospects can use the Labelbox coaching knowledge platform to rapidly produce structured knowledge from unstructured knowledge, and prepare AI on unstructured knowledge within the Databricks Lakehouse. Labelbox can be a launch associate for Databricks Accomplice Join, which affords prospects an excellent simpler approach to configure and combine Databricks with Labelbox. We’ve got been impressed by the Labelbox group and the corporate’s momentum since we first began working with them. Investing in Labelbox is a pure subsequent step and solidifies our shared dedication to delivering streamlined, highly effective capabilities for joint prospects to handle unstructured knowledge workflows. Databricks Ventures is happy to assist Labelbox and our quickly rising variety of joint prospects much more carefully sooner or later.

Take a look at the Labelbox connector for Databricks.

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