Fractal Unveils Agentic AI Engine for Enterprises
Enterprise AI company Fractal has launched PiEvolve, an "evolutionary agentic engine" designed for autonomous machine learning and scientific discovery. The company claims the platform is a top-performing agent on OpenAI's MLE-Bench. The launch targets Fortune 500 organizations seeking to automate complex data science tasks.
- Fractal, the company behind PiEvolve, is a global AI firm founded in 2000 with dual headquarters in Mumbai and New York; it became a unicorn in January 2022 after a $360 million funding round led by private equity firm TPG. - The OpenAI MLE-Bench is a framework for evaluating how well AI agents perform real-world machine learning engineering tasks by testing them on 75 curated competitions from the Kaggle platform. - PiEvolve secured 47 medals in the benchmark tests, including 28 Gold, 12 Silver, and 7 Bronze, making