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Snorkel AI raises $350 million at $3.5 billion valuation on AI training data demand

Snorkel AI closed a $350 million Series E led by Insight Partners and S32, valuing the seven-year-old startup at $3.5 billion—nearly triple the $1.3 billion from its $100 million Series D 17 months ago. It now reports a $375 million annualized revenue run-rate, up 18-fold in 12 months, selling compl