Algorithm Marketplaces

Companies Manipulating A.I. Systems for Competitive Advantage
March 10, 2020
Multitask Learning
March 10, 2020

Algorithm Marketplaces

In the 2010s, big tech companies, startups and communities of developers used algorithm marketplaces to share and sell their work.

In the 2010s, big tech companies, startups and communities of developers used algorithm marketplaces to share and sell their work.

In 2018, Microsoft paid $7.5 billion to buy GitHub, a popular development platform allowing anyone to host and review code, to collaborate with other developers and to build all kinds of projects.

Amazon’s AWS hosts its own marketplace, offering models and algorithms for computer vision, speech recognition, and text—and its base of sellers includes Intel, CloudSight and many others. (Think of AWS Marketplace as an Amazon for algorithms and models.)

There are marketplaces for generalists, like GenesisAI and Algorithmia, where developers can upload their work and receive payment when others pay to access it.

Now there are specialized marketplaces for specific use cases: Nuance AI Marketplace offers A.I. developers a single API to connect their algorithms to radiologists at 6,500 healthcare facilities. Quantiacs allows developers to build algorithmic trading systems, and it matches their algorithms up with capital from institutional investors.

Bonseyes is a European-specific marketplace to buy and sell A.I. tools.