Deep learning startup Ersatz Labs suspends development of its cloud service
Ersatz Labs, a startup specializing in a trendy type of artificial intelligence called deep learning, has suspended development of its cloud service and application programming interface (API). The startup has dropped its headcount from around 13 to five, with three working part-time, in recent months. Earlier this month it began focusing exclusively on consulting, which is what cofounder and chief executive Dave Sullivan was doing before he started Ersatz Labs in 2013. Other startups, like Clarifai and Metamind, offer cloud services for deep learning. The CEOs of both of those startups have PhDs and are widely recognized for their work in academic circles; both have succeeded in landing institutional venture capital backing for their startups. Ersatz by contrast, does not have PhDs onboard; Sullivan is effectively self-taught, and he suspects…
Link to Full Article: Deep learning startup Ersatz Labs suspends development of its cloud service
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