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Abacus.AI is an
Artificial Intelligence Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech re ...
and
Machine Learning Machine learning (ML) is a field of inquiry devoted to understanding and building methods that 'learn', that is, methods that leverage data to improve performance on some set of tasks. It is seen as a part of artificial intelligence. Machine ...
platform headquartered in the
San Francisco Bay Area The San Francisco Bay Area, often referred to as simply the Bay Area, is a populous region surrounding the San Francisco, San Pablo, and Suisun Bay estuaries in Northern California. The Bay Area is defined by the Association of Bay Area Go ...
.


Description

Initially known as RealityEngines.AI, the company was founded by Bindu Reddy, Arvind Sundararajan, and Siddartha Naidu in 2019. Abacus.AI markets using the terms
artificial intelligence Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech re ...
and
machine learning Machine learning (ML) is a field of inquiry devoted to understanding and building methods that 'learn', that is, methods that leverage data to improve performance on some set of tasks. It is seen as a part of artificial intelligence. Machine ...
. The company raised $5.3 million in seed funding round led by
Eric Schmidt Eric Emerson Schmidt (born April 27, 1955) is an American businessman and software engineer known for being the CEO of Google from 2001 to 2011, executive chairman of Google from 2011 to 2015, executive chairman of Alphabet Inc. from 2015 to 20 ...
in 2019. In 2020, it raised $13 million led by
Index Ventures Index Ventures is a European venture capital firm with dual headquarters in San Francisco and London, investing in technology-enabled companies with a focus on e-commerce, fintech, mobility, gaming, infrastructure/ AI, and security. Since its f ...
(changing its name to Abacus.AI in January), and $22 million led by
Coatue Nantucket () is an island about south from Cape Cod. Together with the small islands of Tuckernuck and Muskeget, it constitutes the Town and County of Nantucket, a combined county/town government that is part of the U.S. state of Massachuse ...
. In 2021, it raised $50 million led by Tiger Global Management.


Technology

Abacus.AI can be used to set up data pipelines, specify custom machine learning specific transformations, train models and deploy and monitor them, and build
deep learning Deep learning (also known as deep structured learning) is part of a broader family of machine learning methods based on artificial neural networks with representation learning. Learning can be supervised, semi-supervised or unsupervised. De ...
systems. In addition to the core platform, Abacus.AI provides use-case specific workflows including personalization, forecasting, and anomaly detection. The company has invented several neural architecture search methods that can create custom neural networks from data sets based on a specific use-case. Abacus.AI is able to connect to various data sources including S3,
Google Cloud Google Cloud Platform offers numerous integrated cloud-computing services, including compute, network, and storage. Products Past and present products under the Google Cloud platform include: Current * Google Cloud Datastore, a NoSQL databa ...
and Azure which makes it easy to set up data transformations for machine learning. Once the data is transformed, Abacus.AI utilizes
neural architecture search Neural architecture search (NAS) is a technique for automating the design of artificial neural networks (ANN), a widely used model in the field of machine learning. NAS has been used to design networks that are on par or outperform hand-designed a ...
(NAS) techniques to create a custom
neural network A neural network is a network or circuit of biological neurons, or, in a modern sense, an artificial neural network, composed of artificial neurons or nodes. Thus, a neural network is either a biological neural network, made up of biological ...
based on the dataset provided and the use-case. The data is given to the platform then evaluated to determine which “tool” (NAS) is best suited for that use-case. Different use-cases such as demand forecasting, churn reduction, and name entity recognition will use different NAS techniques to provide the best model. For example, for incident detection, Abacus.AI uses a technique called variational encoders. Abacus.AI uses an autonomous AI generation service, announced in January 2020. While this might lead to neural networks not being trained with data that is relevant to a customer, Abacus.AI says it creates
synthetic data Synthetic data is information that's artificially generated rather than produced by real-world events. Typically created using algorithms, synthetic data can be deployed to validate mathematical models and to train machine learning models. Data g ...
that augments the original dataset, and then trains a
deep learning Deep learning (also known as deep structured learning) is part of a broader family of machine learning methods based on artificial neural networks with representation learning. Learning can be supervised, semi-supervised or unsupervised. De ...
model on the combined dataset. This AI service uses generative adversarial network (GAN), a technique that generates new similar data given a training set. They further improved this technique using data augmentation (DAGAN), creating synthetic data sets when not enough data is available for training. This service was originally confined to the automatic models. However, in August 2021, this service was expanded to any TensorFlow or PyTorch model. This allowed the platform to take in data in a streaming fashion providing companies the ability stream real-time events like clickstream data (a user’s online activity), online purchases, social media interactions, media views from websites and “
internet of things The Internet of things (IoT) describes physical objects (or groups of such objects) with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other comm ...
” sensors. This data can then be used to train the models similar to the processes mentioned.


Research

Abacus.AI published research papers at the
Conference on Neural Information Processing Systems The Conference and Workshop on Neural Information Processing Systems (abbreviated as NeurIPS and formerly NIPS) is a machine learning and computational neuroscience conference held every December. The conference is currently a double-track meeti ...
. Synthetic Benchmarks for Scientific Research in Explainable Machine Learning releases XAI-Bench, a suite of synthetic data sets that can be configured and re-engineered to simulate real-world date. NAS-Bench-x11 and the Power of Learning Curves explores singular value decomposition and noise modeling to create surrogate benchmarks and delves into the learning curve extrapolation framework. How Powerful are Performance Predictors in Neural Architecture Search is the first large-scale study of performance predictors with an analysis of 31 techniques. A Study on Encodings for Neural Architecture Search proposed a way to encode a neural network architecture to be efficiently manipulated by a search algorithm. Intra-Processing Methods for Debiasing Neural Networks laid the foundations for the platform’s debiasing services. Other published papers include An Analysis of Super-Neut Heuristics in Weight-Sharing NAS on TPAMI, Learning by Turning: Neural Architecture Aware Optimization on
ICML The International Conference on Machine Learning (ICML) is the leading international academic conference in machine learning. Along with NeurIPS and ICLR, it is one of the three primary conferences of high impact in machine learning and artificia ...
, BANANAS: Bayesian Optimization with Neural Architectures for Neural Architecture Search on AAAI, and Exploring the Loss of Landscape in Neural Architecture Search on UAI.{{Cite web, date=2021-08-04, title=Abacus.AI Brings End-To-End AI And Machine Learning Into the Hands of Every Company, url=https://techround.co.uk/tech/abacus-ai/, access-date=2021-12-01, website=TechRound, language=en-GB These research findings served as the groundwork for the techniques utilized by Abacus.AI. Additionally, they have used these techniques in the Conference on Computer Vision and Pattern Recognition (CVPR).


References

AI companies Companies established in 2019