UI DaaS AI generates revenue through its AI annotation and training platform in several ways:
- API access fees: The company provides API access services to developers, allowing them to use the functions of UI DaaS AI in their own applications. Developers pay fees to access these APIs.
- Data license fees: UI DaaS AI provides license fees for data usage rights to other companies or institutions. The high-quality annotated data is licensed out to train AI models.
- Partnerships: The company establishes partnerships with other companies to share resources and technologies. These partnerships likely involve revenue sharing arrangements.
- Platform fees: The platform offers a variety of annotation types, including over 1000+ scenarios, to enable precise recognition for users in every domain. Users pay to access these advanced annotation tools.
- AI model sales: After manually labeling objects in images, the AI enters deep self-learning. The labeled data is used to train AI models which are then sold or licensed to customers.
The company's level of sophistication in training data models is recognized, with the platform being named in the 2023 Gartner® Magic Quadrant™. This reputation allows UI DaaS AI to charge premium prices for its services and data.
So in summary, UI DaaS AI generates revenue through API fees, data licensing, partnerships, platform fees, and AI model sales. The annotated data is the core product enabling the company's commercial success.
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