Handshake has announced the acquisition of Cleanlab, a strategic move focused on integrating specialized expertise into its research team.

Acquisition Details

The primary goal of the deal is an acqui-hire, meaning the acquisition of talent. Nine key Cleanlab employees, experts in the field of data labeling, will join Handshake's research organization. This acquisition aims to enhance Handshake's capabilities in artificial intelligence, particularly in improving the quality and accuracy of data used for model training.

Data Labeling Context

Data labeling is a crucial process in the development of effective machine learning models. Accurately labeled data is essential to ensure that models are able to learn and generalize correctly. Handshake's acquisition of Cleanlab underscores the growing importance of this field and the competition to acquire top talent.