It used to be that everything synthetic was bad in some way, whether we’re talking about the height of 1970s fashion in polyester or the sorts of artificial colors that don’t exist outside of a bowl of Froot Loops. DNA synthesis is the cornerstone of synthetic biology and demand for the technology is growing at an unprecedented rate. 5 Startups that Drive AI Development with Synthetic Data. Exonics is located in Cambridge, Mass. The company is enabling ultra-high performance consumer products. * Get our free newsletter for insights into in technology, startups, and our services. The data storage startup is testing an inkjet-style device, nicknamed "Shannon," that strings snippets of synthetic DNA together to form a dense storage media. Most imaging satellites rely on daylight and the absence of clouds for the clearest imagery. MOSTLY GENERATE is a Synthetic Data Platform that enables you to generate as-good-as-real and highly representative, yet fully anonymous synthetic data.This AI-generated data is impossible to re-identify and exempt from GDPR and other data protection regulations. The Company's platform leverages the expertise and recent discoveries across stem cell biology, synthetic biology and cancer genomics of its renowned founding scientist, Professor Steve Pollard from the University of Edinburgh, UK. Synthetic data is one way for startups to compete with data-rich companies such as Google. The short answer is that synthetic data is comprised of data that isn’t based on any real-world phenomena or events, rather it’s generated via a computer program.Yet why is synthetic data becoming so important for data science? We need medicines that address that complexity. Pivot Bio The company provides synthetic data and vision APIs across industries … Synthetic Data Generation Via Simulation. Their groundbreaking content generation technology offers configurable, detailed, and massively scalable simulation environments. In many ways, this is a data-readiness strategy deployed that helps bootstrapped startups bring AI solutions for the masses; A lot of vertical AI startups depend on synthetic dataset to solve industry-specific problems; Is The Adoption Of Synthetic Data Mainstream Exonics is initially focused on correcting mutations that cause Duchenne in order to develop a therapy to treat many children with the devastating disease, for which there is no cure. Hazy generates statistically controlled synthetic data that can fix class imbalance, unlock data innovation and help you predict the future. Additionally, synthetic datasets enhance the detection of fraudulent insurance claims. Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on big data solutions. Social Media : Facebook is using synthetic data to improve its various networking tools and to fight fake news, online harassment, and political propaganda from foreign governments by detecting bullying language on the platform. DNA storage involves converting digital data into a DNA code that synthesizes these molecular strands. The DNA can be assembled in various combinations, much like a Lego set. Lastly, because synthetic data is much easier and faster to produce, its cost is markedly lower. Lumen Bioscience is a Seattle-based synthetic biology company focused on the development of the blue-green algae Spirulina as an industrial scale production platform. Synth leverages cutting-edge synthetic data generation paired with entity extraction and works on-premise or in your own cloud. The technology recognizes gestures and real-world hand-to-object and hand-to-hand interactions. Discover 5 Construction Startups You Should Watch in 2021. 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