|By Business Wire||
|March 26, 2014 12:01 PM EDT||
AlchemyAPI, Inc., a leading provider of Artificial Intelligence cloud services, today announced the launch of the first-of-its-kind deep-learning-based Taxonomy and Sentiment Analysis APIs that allow ad networks and publishers to transform all of their content into valuable ad inventory. The company will be demonstrating the new products at booth #2119.
Deep-learning technology has made it possible for the AlchemyLanguage™ product family to offer a classifier that has both wider coverage of topics and is the first taxonomy to offer self-service custom categories. The Taxonomy API is IAB-compliant and includes an expanded taxonomy of over 1,000 topic categories with up to five levels of hierarchy. The self-service component of the API makes it possible to create categories when given any arbitrary phrase. This means that publishers and ad networks can create unique categories with no investment, giving them the power to transform underused niche content into valuable digital ad inventory.
David Mark, CEO of FlockMiner, a cutting edge productivity tool, set to be released as a beta after the Fall said, “Using AlchemyAPI's IAB Taxonomy API has an incredible accuracy that has cut our development time down and allowed our team to bridge gaps in our people suggest tool, which we would not have been able to do on our own in this phase of our development.”
Deep learning has also paved the way for other rapid breakthroughs in the AlchemyLanguage product family, including a major update to the sentiment analysis API, making it the first commercial Sentiment API based on deep-learning techniques. The updated API is more accurate when processing short, challenging texts such as poorly written tweets, mixed sentiment passages, and slang.
“Ad targeting companies have been forced to rely on categorization based on outdated technology that is inherently harder to update and almost impossible to customize,” said Elliot Turner, founder and CEO of AlchemyAPI, Inc. “Unlike competing taxonomy products, AlchemyAPI’s classifier uses deep-learning-based technology that takes advantage of three converging forces to improve the accuracy of how computers understand language: algorithmic breakthroughs, massive compute capability and large amounts of publicly available data.”
The AlchemyLanguage product family will also feature a new combined call API that makes it faster for users to analyze a single text passage with multiple text analysis features. Now it’s easy to first process a text with higher level taxonomy or concepts calls to understand its big-picture topics, and then dive in to extract details such as its named entities, keywords and sentiment.
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Availability and Sales
Taxonomy API and all of the AlchemyLanguage™ product family are available now. For more information please email [email protected]; or call 1.877.253.0308 (US) or +1 303.242.5815 (international).
About AlchemyAPI, Inc.
AlchemyAPI is helping pioneer a computer’s ability to understand human language and vision. Our web services for real-time text analysis and computer vision give you the intelligence needed to transform vast amounts of unstructured data into actions that drive your business. AlchemyLanguage is the world's most popular natural language processing service, providing critical data analysis capability to more than 40,000 developers across 36 countries and 6 continents. Used more than 3 billion times every month, AlchemyAPI aims to democratize artificial intelligence technology, providing advanced natural language understanding capabilities to a wide variety of industries worldwide. For more information, visit our website at www.alchemyapi.com.
AlchemyLanguage is a registered trademark of AlchemyAPI, Inc. in the United States and/or other countries.
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