This startup wants to pay for your email and photos to train AI and its on an acquisition spree

Image for article This startup wants to pay for your email and photos to train AI and its on an acquisition spree
News Source : Business Insider

News Summary

  • mode.Inc has acquired two consumer applications, bringing its total buyouts in the past year to seven.
  • The company bought Trimbox, an inbox management app, and QR Code Reader, a code scanning app.
  • The deals expand Mode.Inc's portfolio to include more than 100 million monthly users, who turn in such data for cash or rewards.
  • It is part of a slew of startups such as Scale AI, Mercor, and Handshake that pay hundreds of thousands of contractors around the world to collect and label data.
Mode Inc CEO Dan Novaes and tech chief Kiran Panesar.Mode Inc Mode Inc acquired Trimbox and QR Code Reader, boosting its reach to 100 million monthly users.

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