Snorkel AI raises $350M Series E, valuation triples to $3.5B

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Snorkel AI has secured $350 million in a Series E funding round, tripling its valuation to $3.5 billion. The seven-year-old startup specializes in a data-as-a-service model focused on AI training data. The fundraise reflects surging enterprise demand for high-quality data to power artificial intelligence systems. Snorkel AI plans to use the capital to expand its data-centric AI platform and grow its operations.

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