Siddharth Mall, Playment talking about their innovation at AGBA 2019, 2nd Jury Round

Summary

Planar Prix, a company co-founded by CEO Stockman, provides cutting-edge infrastructure to accelerate machine learning journeys for businesses. With offices in Bangalore and San Francisco, and having raised over $3.5 million, Planar Prix offers a fully managed solution for creating high-quality designs using AI combined with human expertise. Their approach is 10x faster and delivers 99%+ quality. The company has worked with over 100 customers globally, improving use cases in sectors like autonomous driving, robotics, and surveillance. Recently nominated for innovation in AI by the AG Scramble Awards, they continue to impact industries with their groundbreaking solutions.

Takeaways

• 😀 Planar Prix is a company providing infrastructure to help accelerate machine learning journeys for businesses.
• 😀 The company is based in Bangalore and San Francisco, with over 3.5 million USD raised from investors like Y Combinator, SAS Partners, and Samsung.
• 😀 Planar Prix was nominated for the Innovation in Artificial Intelligence by AG Scramble Awards.
• 😀 AI's promise is to make machines think, act, and decide like humans, but humans are trained to perceive the world over time.
• 😀 Machine learning models are traditionally trained using billions of hand-labeled images, a process that is manual, expensive, and flawed.
• 😀 Large technology companies like Tesla and Ramos have spent hundreds of millions of dollars to build infrastructure for training machine learning models.
• 😀 Smaller organizations, which are just starting their machine learning journey, often lack the time and resources for such massive infrastructure investments.
• 😀 Planar Prix aims to help these organizations by providing a fully managed solution to create high-quality data labels quickly.
• 😀 The company combines proprietary machine learning models and human expertise to achieve 10x faster labeling with 99%+ accuracy.
• 😀 Planar Prix’s crowdsourcing platform has over 1,000 full-time employees and 30,000 freelancers, contributing over a million hours to create over a billion labels.
• 😀 The company is working with over 100 customers across 12 countries in industries such as autonomous driving, robotics, surveillance, and agriculture.

Q & A

What does Planar Prix specialize in?

Planar Prix specializes in providing AI-enabling infrastructure to accelerate machine learning journeys, reducing time to market for businesses.

Where are Planar Prix's offices located?

Planar Prix has offices in Bangalore and San Francisco.

What amount has Planar Prix raised from investors?

Planar Prix has raised over $3.5 million from investors like Y Combinator, SAS Partners, and Samsung.

What prestigious award has Planar Prix been nominated for?

Planar Prix has been nominated for the 'Innovation in Artificial Intelligence' award by the AG Scramble Awards.

What is the main problem with current machine learning model training processes?

The current training process for machine learning models involves showing billions of hand-labeled images and examples, which is manual, broken, and expensive.

Which large companies have spent millions building machine learning infrastructure?

Large companies like Tesla and Ramos have spent hundreds of millions of dollars building machine learning infrastructure from scratch.

Who else, aside from large companies, is starting their machine learning journey?

Other organizations, especially smaller ones, are just beginning their machine learning journeys and lack the time and resources to build infrastructure.

What solution does Planar Prix offer to accelerate machine learning for these organizations?

Planar Prix offers a fully managed solution for creating high-quality datasets that helps organizations accelerate their go-to-market efforts.

How does Planar Prix's solution work to achieve fast and high-quality results?

Planar Prix uses proprietary machine learning models and tools that combine AI and human intelligence to deliver results 10 times faster with over 99% quality.

Who are part of Planar Prix's human community for reviewing datasets?

Planar Prix's human community consists of franchisees, PPOs, freelancers, and over 1,000 full-time employees through their crowdsourcing platform.

What industries and use cases are Planar Prix's customers involved in?

Planar Prix's customers work in industries such as autonomous driving, drone applications, manufacturing, agriculture, robotics in retail and sports, and facial recognition for AR and surveillance.

How many hours and labels have been created through Planar Prix's platform?

Through the platform, over 1 million hours have been spent, and more than a billion labels have been created.