Prolific secures $32M funding to train and stress-test AI models via its vast network of 120K individuals

Date:

London-based startup Prolific has raised £25 million ($32 million) in funding to expand its AI model training and stress-testing platform. The round was co-led by Partech and Oxford Science Enterprises (OSE). Prolific, founded in 2014, already boasts Google, Stanford University, the University of Oxford, King’s College London, and the European Commission among its customers. The platform taps into a network of 120,000 human participants to test products, train AI systems, and evaluate the performance of AI applications. The new funding will be used to enhance the product offering and expand the participant base. Prolific was conceived as a solution to the challenge of finding a comprehensive cross-section of people to respond to research questions in a timely manner. The platform enables researchers to source participants directly and compensate them for their time. Prolific pays its volunteer freelance participants a minimum of $6-$8 per hour, resulting in $100 million paid out to date. The platform currently focuses on providing human intelligence to improve AI, but has no plans to expand beyond AI applications in the future.

See also  Google's Pixel 8 Series: Unveiling the Highly Anticipated Smartphones

Frequently Asked Questions (FAQs) Related to the Above News

What is Prolific?

Prolific is a London-based startup that offers an AI model training and stress-testing platform.

How does Prolific function?

Prolific taps into a vast network of 120,000 human participants to test products, train AI systems, and evaluate the performance of AI applications.

Who are some of Prolific's customers?

Prolific's customers include Google, Stanford University, the University of Oxford, King's College London, and the European Commission.

How does Prolific benefit researchers?

Prolific provides researchers with a comprehensive cross-section of people who can respond to research questions in a timely manner. It enables researchers to directly source participants and compensate them for their time.

How much does Prolific compensate its participants?

Prolific pays its volunteer freelance participants a minimum of $6-$8 per hour. To date, they have paid out $100 million.

What are Prolific's plans for the future?

Currently, Prolific focuses on providing human intelligence to improve AI. There are no immediate plans to expand beyond AI applications in the future.

How will Prolific use the recently secured funding?

The funding will be used to enhance the product offering and expand the participant base, allowing Prolific to further improve its AI model training and stress-testing platform.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

Share post:

Subscribe

Popular

More like this
Related

Obama’s Techno-Optimism Shifts as Democrats Navigate Changing Tech Landscape

Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?

Tech Evolution: From Obama’s Optimism to Harris’s Vision

Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?

Tonix Pharmaceuticals TNXP Shares Fall 14.61% After Q2 Earnings Report

Tonix Pharmaceuticals TNXP shares decline 14.61% post-Q2 earnings report. Evaluate investment strategy based on company updates and market dynamics.

The Future of Good Jobs: Why College Degrees are Essential through 2031

Discover the future of good jobs through 2031 and why college degrees are essential. Learn more about job projections and AI's influence.