Innodata in the News
Featured in the Wall Street Journal
"Innodata is playing a critical role in training and hardening the AI behind Dexai's food service automation robots."
Anthony Tayoun, Dexai Robotics Founder and CFO/COO Tweet
The industrial robotics market was valued at $23.67 billion in 2020, and is expected to grow at a CAGR of 20.4% over next five years, reaching $74 billion by 2026. Rahul Singhal, Chief Product Officer at Innodata, said, “The main limiting factor for AI systems in robotics remains the lack high-quality training data. Since we expect the overall growth in robotics to closely proxy the growth in robotics training data, it is exciting to now position Innodata to be a player in this space.” Singhal added, “Dexai’s kitchen robot is just one example of how robotics and artificial intelligence technologies are finding their way into new domains. AI is enhancing industrial robotics capabilities across sectors including manufacturing, agriculture, and medicine.”