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March 11 - 10:03
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Appen agrees to buy rival Figure Eight for $300 million
The AI and machine learning specialist Appen has agreed to buy rival company Figure Eight in a deal worth $300 million. This acquisition combines the scale, quality and language expertise of Appen’s with Figure Eight’s data annotation platform to create an end-to-end training data offering. “We’re very excited to be joining Appen,” said Lukas Biewald, co-founder of Figure Eight.
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