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Algorithmia aims to be the open source app store for algorithms and APIs

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A startup fresh out of private beta offers a three-way intersection between machine learning, the API economy, and open source developers' need to monetize their creations.

Algorithmia, which launched privately last year, allows users to build algorithms, make them available as a Web service, and monetize them.

The service can be used in two basic ways: either by calling algorithms available in the system via its REST API (with examples provided), or by writing and submitting the algorithms to be used. Each algorithm has its own interactive console page, so they can be tried out directly on the Web without needing to write and implement code. Many of the algorithms are original creations; others are implementations of existing software, such as a tokenizer based on Apache OpenNLP.

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