Snorkel AI Triples Valuation to $3.5B

🔥 What happened Snorkel AI raised $350M in a Series E at a $3.5B valuation – nearly triple its $1.3B mark from 17 months ago. Revenue exploded 18x to a $375M annualized run rate. 💡 Why it matters The training-data gold rush is real: rival Mercor hit $2B gross revenue, Handshake $1B. Snorkel sells synthetic data plus RL environments, not human labor – so expert payouts sit in COGS, not headline revenue. ⚡ Our take Data vendors now price like cloud providers. But paying 60–70% to human experts isn't SaaS – it's an agency wearing an AI costume.