Letter from the CEO: Handshake acquires Cleanlab

Cleanlab, founded by MIT Computer Science PhDs, is an AI-focused company dedicated to enhancing data quality for AI models, and it has recently been acquired by Handshake to advance this mission. The merger aims to combine Handshake's extensive AI network with Cleanlab's expertise in confident learning, data-centric AI, and large language model (LLM) evaluation to create a leading data lab in the market. Cleanlab's open-source data-centric AI package, which has been widely adopted and downloaded over a million times, will continue to be available under a permissive Apache-2.0 license, helping to address data quality issues at the source for enterprise AI. The acquisition is seen as a strategic move to ensure that frontier AI models are trained with the highest quality data, maintaining Cleanlab's commitment to making AI reliable for human and business use. Cleanlab is recognized for its contributions to AI and is supported by prominent investors, including Menlo Ventures and Bain Capital Ventures.