Self-Funded, AI Upstart Turbine Labs No Longer Flying Under the Radar

DENVER–(BUSINESS WIRE)–Denver-based Turbine Labs is finishing the inaugural year of its
AI-powered executive intelligence platform, serving a growing number of
Fortune 100 customers, federal policy makers, and lobbying firms who
have resolved to combat misinformation and manipulation in the data they
use to make critical decisions.

The company is an anomaly in the AI space. Start-ups will often raise
tens or hundreds of millions of dollars without realizing revenues or
profits for years. Conversely, Turbine Labs has grown to millions in
revenues, positive cash flow, and projections to grow by over 200% next
year – having raised no outside capital.

Turbine Labs’ “Solution as a Service” leverages artificial intelligence
with human oversight to ensure senior executives can act on accurate
data. Users simply ask a question of the platform in natural language.
The platform processes media and conversations from millions of sources,
and, in near-real time, delivers customized, in-context briefings and
alerts directly to decision makers.

“Executives at the world’s largest companies and organizations are
making critical decisions using information that is inaccurate, biased,
or manipulated,” said Leigh Fatzinger, Founder and CEO. “Turbine
Labs’ AI-powered platform delivers executives the truth about any event,
topic, crisis, so they can make confident decisions faster.”

Turbine Labs’ patent-pending platform was developed with 18M unique
media items manually scored in four years – one of the largest AI
training sets ever created for executive intelligence applications. By
training the AI to process media as an objective human reader would,
executives can now make key decisions on intelligence that’s accurate,
impactful, and relevant – much faster than ever before.

Misinformation and data inaccuracy have reached crisis level. IBM
estimates that decisions made from inaccurate and misleading data cost
the US economy over $3T per year. Further, KPMG surveyed senior
executives and found that over one third do not trust the data they
receive to make key decisions. Turbine Labs estimates the market for
cognitive AI and machine learning solutions that enable objective,
unbiased information discovery at the executive level to exceed $8B per
year by 2021.

About Turbine Labs

Turbine Labs is the world’s leading provider of customized,
near-real-time intelligence to executives, stakeholders, and policy
makers. The output of our AI-powered platform becomes the official
record of events for leading brands, organizations, and nonprofits
around the world. For more information, visit www.turbinelabs.com or
email Ralph Fascitelli pr@turbinelabs.com.

Contacts

Turbine Labs
Ralph Fascitelli
pr@turbinelabs.com