Wirestock raises $23M to supply creative multi-modal data to AI labs
TechCrunch
Wirestock has secured $23 million in Series A funding to expand its business of supplying multi-modal creative data to artificial intelligence labs.Summary
Wirestock, formerly a stock photography marketplace, has raised $23 million in Series A funding to pivot its business toward supplying specialized multi-modal datasets to AI labs. The company leverages a network of over 700,000 artists to provide high-quality images, videos, and 3D assets essential for training generative AI models. With an annual run-rate revenue of $40 million, Wirestock aims to use the new capital to scale its research and engineering efforts, build enterprise collaboration software, and meet the surging demand for creative data from major AI foundation model makers.
(Source：TechCrunch)