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Datasaur raises USD 4M to assist businesses in developing their own ChatGPT

By ET Bureau - August 04, 2023 1 Mins Read

Datasaur raises USD 4M to assist businesses in developing their own ChatGPT

Datasaur Inc., a startup in natural language processing, announced today that it has completed a USD 4 million seed funding round, bringing its total amount raised to date to USD 7.9 million. HNVR, TenOneTen, Gold House Ventures, and Initialized Capital all contributed to the round, which was led by the latter.

Greg Brockman, the president of OpenAI LP, was also listed as one of the business’s original investors. A user-friendly and effective platform for labeling datasets for models of natural language processing was developed by Datasaur.

The goal of NLP, a branch of artificial intelligence, is to teach computers to comprehend spoken and written language in a manner similar to that of humans.

According to the startup, the NLP market is developing to the point where businesses are becoming more and more interested in training models on their own exclusive datasets.

Read More: Datasaur raises $4M to help every company train its own ChatGPT

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