Innodata

Data-engineering firm supplying training, evaluation and safety data to AI labs

Overview

Innodata describes itself as a data-engineering and AI-systems services company supporting the development, training, post-training, evaluation and deployment of AI systems[23]. Revenue in 2025 was US$251.7 million[23]. Its 10-K states that leading AI laboratories and large technology companies, including five of the so-called Magnificent Seven, engage it for training and post-training data, alignment and preference optimisation, and capability and safety evaluations[23]. Founded in 1988 and based in Ridgefield Park, New Jersey, it employed 10,107 people at the end of 2025, most of them full-time[23]. Innodata’s revenue depends on a small number of very large technology customers, so changes in one lab’s data programme can move results sharply.

Innodata strengths and limitations

Strengths

  • Specialised in data for foundation-model training and evaluation
  • Revenue grew about 48% in 2025

Limitations

  • Revenue concentrated in a few very large technology customers
  • Not a general application-development provider

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