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AlchemyAPI

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AlchemyAPI
Industrynatural language processing, computer vision
Founded2009
Headquarters
United States Edit this on Wikidata
Websitewww.alchemyapi.com

AlchemyAPI is a company that uses machine learning (specifically, deep learning) to do natural language processing (specifically, semantic text analysis, including sentiment analysis) for its clients both over the cloud and on-premise.[1][2] As of February 2014, it claims to have clients in 36 countries and process over 3 billion documents a month. ProgrammableWeb added AlchemyAPI to its API Billionaires Club in September 2011.[2][3]

Technology and business model

AlchemyAPI uses technology similar to IBM's Watson computer.[2] It gets paid per API call, and does over 3 billion API calls per month. A TechCrunch article highlights that even though the technology is similar, AlchemyAPI offers its technology in the form of software as a service (by allowing people to make API calls), making its technological capabilities more accessible to people.[2]

History

AlchemyAPI launched in 2009.[2]

In September 2011, ProgrammableWeb added AlchemyAPI to its API Billionaires Club, alongside giants such as Google and Facebook.[2][3]

In February 2013, it was announced that AlchemyAPI had raised USD 2 million to improve the capabilities of its deep learning technology.[2][4][5][6]

In September 2013, it was reported that AlchemyAPI had created a Google Glass app that could identify what a person was looking at, and that AlchemyAPI would soon be rolling out deep learning-based image recognition as a service.[7][8]

In May 2014, it was reported that AlchemyAPI had released a computer vision API known as AlchemyVision, capable of recognizing objects in photographs and providing image similarity search capabilities.[9]

Media coverage

A February 2013 article in VentureBeat about big data named AlchemyAPI as one of the primary forces responsible for bringing natural language processing capabilities to the masses.[10] In November 2013, GigaOm listed AlchemyAPI as one of the top startups working in deep learning, along with Cortica and Ersatz.[11]

References

  1. ^ "AlchemyAPI". Retrieved February 11, 2014.
  2. ^ a b c d e f g Williams, Alex (February 7, 2013). "AlchemyAPI Raises $2 Million For Neural Net Analysis Tech, On Par With IBM Watson, Google". TechCrunch. Retrieved February 11, 2014. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  3. ^ a b DuVander, Adam (September 16, 2011). "New API Billionaire: Text Extractor Alchemy". ProgrammableWeb. Retrieved February 11, 2014.
  4. ^ "$2m In New Financing, Hiring Several C++ Engineers". AlchemyAPI. February 27, 2013. Retrieved February 11, 2014.
  5. ^ "Funding Daily: Decisions, decisions". VentureBeat. February 7, 2013. Retrieved February 11, 2014.
  6. ^ Guess, Angela (February 12, 2013). "Alchemy API raises $2 M". semanticweb.com. Retrieved February 11, 2014.
  7. ^ Harris, Derrick (September 19, 2013). "AlchemyAPI says it's delivering Google-level deep learning as a service". GigaOm. Retrieved February 11, 2014. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  8. ^ Simonite, Tom (September 30, 2013). "A Google Glass App Knows What You're Looking At: An app for Google's wearable computer Glass can recognize objects in front of a person wearing the device". Technology Review. Retrieved February 11, 2014.
  9. ^ Harris, Derrick (May 12, 2014). "AlchemyAPI rolls out deep-learning-based computer vision as a service". GigaOm. Retrieved July 18, 2014. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  10. ^ De Goes, John (February 22, 2013). "'Big data' is dead. What's next?". VentureBeat. Retrieved February 11, 2014. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  11. ^ Harris, Derrick (November 1, 2013). "The Gigaom guide to deep learning: Who's doing it, and why it matters". GigaOm. Retrieved February 11, 2014. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)