‘Reinforcement Learning Gym’ Startup, Buoyed by Labs’ Appetite For Training Data, Reaches $750 Million Valuation
The Information
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Machine Learning
Generative AI
Reinforcement Learning
AI developers are getting creative in how they acquire data to train AI models. For instance, they’re paying startups to develop copies of popular apps, like Salesforce or Excel, to teach models how to use the apps - otherwise known as reinforcement learning environments or gyms. One beneficiary of this trend is Fleet, a two-year-old startup that develops and sells those RL environments. The startup is now in talks to raise at least $50M in new funding at a valuation of around $750M, including the investment, according to a person with knowledge of the talks.