Data Center
Innodata: Early-Stage AI Data Engineering; Lumpy Growth
Innodata is a company that has lumpy growth yet is also centered in the surging trend of AI data engineering, known as data-as-a-service (DaaS) which offers curated and synthetic data to augment large language models (LLMs). Notably, the company is a small cap, high risk stock. Complex reasoning models require an expanded data set, such as dozens of foreign languages or multi-step problems within math and chemistry, for example. This is in contrast to a static data set, which often produces too many hallucinations and can be inaccurate at times. For example, if a Big Tech company only used its proprietary social data to train LLMs, this may not be broad enough to prevent hallucinations since social data is limited in its context and scope. In many cases, additional data points are sought out to improve the accuracy of the model.
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