Synthetaic
Synthetaic, now known as RAIC Labs, was founded in 2019 and specializes in AI solutions that allow non-technical teams to build and run models without labeled data. Their RAIC tool automates the analysis of large, unstructured datasets and has been used in various impactful projects, including wildlife conservation and national security.
Founding of Synthetaic (Now RAIC Labs)
Synthetaic was founded in 2019 and has since rebranded as RAIC Labs. The company was established with the goal of leveraging AI to positively impact society. Through its projects and mission-driven initiatives, Synthetaic, now RAIC Labs, has aimed to make advanced AI more accessible and impactful.
RAIC Labs: AI Technology and Capabilities
RAIC (Rapid Automatic Image Categorization) is an end-to-end AI pipeline designed by RAIC Labs to automate the analysis of large, unstructured datasets. The technology is known for its ability to ingest, search, and categorize various types of data, build and train models, run inference, and integrate through APIs. RAIC supports AI prototyping, geospatial analysis, drone-based monitoring, content moderation, and video security without the need for labeled data. It features Quick Train for fast deployment and Deep Train for generating high-accuracy models.
Key Use Cases and Partnerships
RAIC Labs' RAIC tool has been applied in diverse projects such as assisting scientists in discovering Hawaiian seabirds thought to be extinct, helping save the Sumatran Rhino, and tracking Chinese spy balloons. The company has worked with major organizations including the Air Force and National Geographic. RAIC Labs also has a strategic partnership with Microsoft to enhance its AI capabilities and outreach.
AI for Impact Program
RAIC Labs operates its AI for Impact program with the aim of reducing the barriers to accessing traditional AI technologies. The program undertakes projects that seek to create positive societal impacts through AI. By focusing on mission-driven initiatives, RAIC Labs strives to use its advanced AI tools for global betterment.
Funding and Financial Milestones
RAIC Labs, originally Synthetaic, has achieved significant financial milestones, securing $13 million in Series A funding led by Lupa Systems, followed by raising $15 million in Series B funding. These investments have fueled the company's growth, enabling further development of its AI technologies and expanding its impact through various innovative projects.