Weights & Biases offers a platform that allows users to build models with experiment tracking, data set and model versioning, data visualization, hyperparameter optimization, and model management. The platform enables users to automatically retrain and re-evaluate models and centrally manage all model versions through every lifecycle stage—from development to staging to production. It also helps to visualize comparisons between model versions to evaluate performance and identify regressions before model deployment. It also offers toolkits such as W&B Weave and W&B Production Monitoring to build and monitor data- and ML-powered applications, respectively, through interactive visualizations.
The company also offers a suite of tools (W&B Prompts) to support large language model operations (LLMOps). W&B Prompts includes tools and features for experiment tracking, debugging, and collaboration, as well as a one-click method to evaluate and score prompts through the OpenAI Eval’s framework.
The company provides the platform through a free tier and under a subscription model for up to USD 50 per user per month.
Key customers and partnerships
Weights & Biases served more than 700,000 ML practitioners as of August 2023. Its notable include NVIDIA, Toyota, BMW Group, Samsung, Fujifilm, Truebill, and Clear Capital.
The company has partnered with Lambda , a GPU cloud computing provider, to offer its MLOps platform integrated with the infrastructure services of the latter, catering to enterprises dealing with AI and deep-learning workloads.
Funding and financials
In August 2023, the company raised USD 50 million in a strategic investment round at a valuation of USD 1.25 billion, led by Daniel Gross and Nat Friedman. The round also saw participation from Sapphire Ventures, Coatue, Insight Partners, and other investors. The company aimed to utilize the fresh funds to further develop its ML tools, including the launch of W&B Prompts.
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