Assessing the value of a diamond is a job that’s been done by eye for centuries.
But artificial intelligence (AI) is now so sophisticated that it can do the same task faster, cheaper and more accurately.
There can be a huge difference in value even between two diamonds of the same size. That’s why a whole industry has developed, dedicated to grading them.
But advances in machine learning have now made computers more reliable than humans, according to Sarine, a diamond-tech company based in Israel.
Today the vast majority of diamond manufacturers – the businesses that cut and polish rough gems – send their loose stones to grading labs.
They wait a couple of weeks for the diamonds to be returned with certificates listing their key attributes. And they typically pay at least $100 per diamond for the service (depending on size).
Sarine aims to dramatically cuts cost and delays by locating its automated eGrading technology inside …