AI Index / Innodata Inc.
Innodata Inc. (INOD)
Innodata's main sources of revenue are data engineering services for Big Tech companies developing generative AI models and enterprise platforms that leverage AI. AI contributes directly to these revenue sources, with significant business from a major Big Tech customer and growing engagements with other tech giants investing in generative AI. Innodata is also expanding its footprint in the public sector by integrating generative AI capabilities into its Agility platform. Overall, Innodata's revenue is heavily driven by AI-related services and platforms.
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Location: US
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Market Cap: $1.5B
link
https://www.innodata.com
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We are laser-focused on providing Big Tech companies with the data engineering they require to develop generative AI frontier models. We believe our efforts are paying off.
- Jack Abuhoff
Quotes from innodata Executives About Artificial Intelligence and Generative AI
They are all investing aggressively in generative AI.
- Jack Abuhoff
...we have demonstrated a prototype of our new platform to 3 of our Big Tech customers and several enterprises and it has been well-received.
- Jack Abuhoff
...the work we do for the Big Techs involves creating supervised fine-tuning data, which consists of instruction-tuning data, sometimes called demonstration data and RLHF, or Reinforcement Learning from Human Feedback.
- Jack Abuhoff
...web scraped data is increasingly likely to contain the output of generative AI models and training new AI models from data produced by AI models deteriorates performance of the new models, a phenomenon known as model collapse.
- Jack Abuhoff
...our next focus area is enterprise services. On the enterprise side, our strategy is to provide a range of services to help businesses adopt enterprise Gen AI.
- Jack Abuhoff