Company Research Report: Twelve Labs

1. Company Overview

Name

• Twelve Labs

Mission

• No explicit mission statement provided in the data.

Founded

• No information is available regarding when the company was founded or by whom.

Key People

• Fei-Fei Li - Professor at Stanford University, Advisor

• Silvio Savarese - Professor at Stanford University, Advisor

• Jeffrey Katzenberg - Former Dreamworks Animation CEO, Advisor

• Alex Wang - Founder, CEO of Scale AI, Advisor

• Lukas Biewald - Founder, CEO of Weight and Biases, Advisor

• Nicolas Dessaigne - Founder, CEO of Algolia, Advisor

• Jay Simons - President of Atlassian, Advisor

Headquarters

• San Francisco office: 55 Green Street, San Francisco, CA 94111

• Seoul office: 39-11, Itaewon-ro 27-gil, Yongsan-gu, Seoul, Republic of Korea

Number of Employees

• No information is available.

Revenue

• No information is available.

Known For

• Twelve Labs is known for its cutting-edge video intelligence platform powered by AI that can see, hear, and reason across video content.

2. Products

Product Offerings

1. Search

• Description: Search capability across text, video, audio, and images.

• Key Features:

• Natural language queries or images for semantic searches.

• Cross-modality searches including speech, text, and visuals.

• Domain-specific language search customization.

2. Generate

• Description: Converts video content into text formats.

• Key Features:

• Generates detailed reports, Q&As, summaries, and hashtags.

• Supports content management, exploration, and understanding.

3. Embed

• Description: Converts video data into vectors for varied applications.

• Key Features:

• Multimodal embeddings for image, text, audio, and video.

• Fine-tuning for domain-specific needs.

High-Level Description

• Twelve Labs offers a video AI platform focused on providing deep insights and seamless video content analysis that applications can integrate into existing cloud and machine learning workflows, allowing users to search, generate text, and embed video data.

3. Recent Developments

New Products and Features

• Pegasus 1.2: An industry-grade video language model designed for scalable applications.

• Marengo 2.7: Introduced as a pioneering model for multi-vector embeddings.

• Embed API: Open beta initialization announced for advanced multimodal applications.

Partnerships

• Blackbird: Crafting narrative excellence through video.

• EMAM: Integrated solution for video AI.

• Arvato Systems: Collaboration to advance video AI.

• CineSys: Partnership announcement for advanced video understanding.

• Snowflake: Leveraging models for advanced search and personalization in media sectors.

Funding

• Secured $30 million in funding, validating the importance of their video understanding technology.

• Series A funding round to build the future of multimodal AI.

Industry Recognition

• CB Insights AI 100 List: Named for three consecutive years.

• Fast Company’s Most Innovative Companies: Listed in 2023.

Research Insights

• Published findings from the inaugural NeurIPS Workshop on video-language models and ongoing research efforts in multimodal AI.

Events and Hackathons

• Hosted a Media & Entertainment Hackathon in Los Angeles and other events to showcase and develop applications using their AI platform.

No information is available on other new features added to existing products or on new employees or key hires.