Appen acquires Figure Eight for up to $300M, bringing two data annotation companies together

Appen just announced that it’s acquiring Figure Eight in an all-cash deal that sees Appen paying $175 million upfront, with an additional payment of up to $125 million based on Figure Eight’s performance this year. Both companies focus on using crowdsourced labor pools to annotate data, which in turn is used to train artificial intelligence and […]

View More Appen acquires Figure Eight for up to $300M, bringing two data annotation companies together