Neuralk-AI Secures $4M to Revolutionize AI for Structured Data

While large language models (LLMs) have made significant strides in processing unstructured data, a French startup, Neuralk-AI, is betting on the power of AI tailored specifically for structured, or “tabular,” data. This type of data, commonly found in databases, spreadsheets, and CSV files, represents a wealth of untapped potential for businesses. Neuralk-AI recently announced a $4 million funding round to further its mission.

Alexandre Pasquiou, co-founder and chief scientific officer of Neuralk-AI, points out that the most valuable data for companies is often the structured data they’ve been collecting and analyzing for years. While LLMs excel at tasks like search and natural language interaction, they often fall short when it comes to traditional machine learning tasks based on tabular data.

Neuralk-AI aims to bridge this gap by developing AI models optimized for structured data. Their initial focus is on providing an API for data scientists in the commerce sector, given the abundance of valuable structured data within these businesses, such as product catalogs, customer databases, and sales trends.

The company believes its models can empower retailers to automate complex data workflows, including smart deduplication and data enrichment. Furthermore, these models can be leveraged for critical functions like fraud detection, personalized product recommendations, and sales forecasting for inventory management and pricing strategies.

The $4 million funding round was led by Fly Ventures, with participation from Steam AI and prominent angel investors, including Thomas Wolf (Hugging Face), Charles Gorintin (Alan), and Philippe Corrot and Nagi Letaifa (Mirakl).

Currently, Neuralk-AI is refining its models and plans to conduct trials with leading French retailers and commerce startups, including E.Leclerc, Auchan, Mirakl, and Lucky Cart.

Pasquiou outlined an ambitious timeline: the first version of their model and public benchmarks are expected within the next few months. By September, Neuralk-AI aims to establish itself as the leading provider of tabular foundation models, particularly in representation learning. Their focus on structured data offers a promising new direction for AI applications in business.

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