Labelbox's latest advancements, particularly the introduction of Model Foundry and improvements to its image editor, are designed to enhance efficiency and accuracy in computer vision tasks, especially image segmentation. These updates leverage cutting-edge foundation models like Meta's Segment Anything to automate and accelerate the traditionally labor-intensive process of labeling, reducing both time and costs. The Model Foundry allows users to access various models, including SAM and YOLOv8, enabling pre-labeling of data and streamlining the labeling workflow. The integration of features like AutoSegment 2.0 and the brush tool further refines this process by offering AI-assisted segmentation with precise control over pixel-level details, allowing labelers to focus on reviewing and correcting AI-generated labels. Together, these innovations aim to minimize human errors, improve model performance, and facilitate collaboration between AI models and human reviewers, ultimately transforming how data labeling is conducted in the field of computer vision.