Hive's cloud-hosted machine learning models draw $85M

While cloud computing continues to gain favor, only a limited number of companies have embraced machine learning based in the cloud. Hive wants to change this by allowing enterprises to access hosted machine learning models via APIs. Hive has had particular success in the area of content moderation, thanks to its deep learning models that help companies interpret unstructured data, like images, videos, and audio. But it's also expanding into areas like advertising and sponsorship measurement as it seeks to find other areas that would benefit from intelligent automation. In an interview with VentureBeat, Hive CEO Kevin Guo said the company kept relatively quiet as it sought to prove its models work.