Technology x Advanced Human Resources to Solve AI Teacher Data Issues
FastLabel Co., Ltd. FastLabel Co., Ltd. (Headquarters: Shinagawa-ku, Tokyo, CEO: Kenji Suzuki, hereinafter " Our company”) will participate in the “Startup Battle” at “TechCrunch Tokyo 2021”, a startup and technology festival hosted by TechCrunch Japan held on December 2nd and 3rd, 2021. BMW Co., Ltd. (hereinafter “ We are pleased to announce that we have received the “BMW Award” presented by BMW”). TechCrunch Tokyo 2021 is an event where you can experience the innovation that is happening now through the "Startup Battle" where startups less than three years old compete for supremacy, and keynotes where you can learn about Silicon Valley now. It was held online for two days, December 2nd and 3rd.・ Event name: TechCrunch Tokyo 2021 ・ Organizer: TechCrunch Japan (operated by Boundless Co., Ltd.) ・ Schedule: December 2nd and 3rd, 2021 ・ Details: https://jp.techcrunch.com/event-info/techcrunch- tokyo-2021/・ Venue: Online At the startup battle, 20 companies that won the preliminary document screening pitched on the stage, and our company won the “BMW Award”. With this award, we will work together with the BMW Group on demonstration experiments of autonomous driving and AI. [Click here for the result announcement article by TechCrunch Japan] https://jp.techcrunch.com/2021/12/03/startupbattle-2021-winner/ FastLabel is an annotation platform that includes annotation tools, teacher data creation agency, and MLOps construction. is. It is characterized by the ability to quickly provide high-quality teacher data with an annotation tool for creating and improving teacher data quickly and accurately, and a detailed annotation service by highly skilled personnel. So far, FastLabel has been introduced to many companies that use AI to solve problems in existing industries, such as construction/infrastructure, real estate, manufacturing, medical, agriculture, and fisheries. In the past, the person in charge and the person in charge of the introducing company that created teacher data by crowdsourcing said, "By using FastLabel, we were able to significantly shorten the annotation work time and reduce review and management costs." It is very popular. The official version will be released on Tuesday, October 26, 2021, and some functions, including the annotation tool, will be provided free of charge. Click here for details: https://fastlabel.ai/news/20211026-official-release I am very honored to receive the high evaluation of the BMW Award at the Startup Battle, which is said to be the gateway to success for startups. The AI revolution has just begun, and its power has yet to be fully utilized in the real world. We will contribute to a significant reduction in the cost of AI development and provide a mechanism to improve model accuracy even after operation, thereby accelerating the practical application of AI in companies. In particular, it is believed that the practical application of AI will become increasingly important in the area of autonomous driving, which BMW is working on. As an “infrastructure for the AI revolution,” we aim to further evolve toward realizing our vision of making AI development 10 times faster. About FastLabel Co., Ltd. Company name: FastLabel Co., Ltd. Representative: Takeshi Suzuki, CEO Established: January 23, 2020 Japan company location: 5-5-27 Kitashinagawa, Shinagawa-ku, Tokyo 141-0001 URL: https:/ /fastlabel.ai/ Inquiries about this press release FastLabel Co., Ltd. Public Relations Email: info@fastlabel.ai