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How PointPredictive Is Using Machine Learning To Uncover Fraud, With Tim Grace

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There's been a revolution in the use of artificial intelligence and machine learning in the last few years, by both startups and large companies, to help in a large number of areas. Tim Grace: PointPredictive is an artificial intelligence, machine learning, and pattern recognition provider.

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AlphaTrAI Applies AI To Investment Management

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San Diego-based AlphaTrAI , a fintech startup which is backed by venture capital investor Analytics Ventures, says it is launching its own, extrenal fund, and is expanding its leadership team. the founder of Hightree Advisors, to its advisory board.

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Catasys Sees Surge In Telehealth Enrollment Due To Pandemic

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Santa Monica-based Catasys , a provider of artificial intelligence and technology-enabled healthcare products used for telehealth services, says it is seeing a surge in enrollment in its programs, as a result of the ongoing COVID-19 pandemic. The company says it historically sees approximately $6,500 net revenue per enrolled member.

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Veritone Picks Up $6.5M In PPP Loans

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Costa Mesa-based artificial intelligence software developer Veritone --which is publicly traded on the NASDAQ as VERI--reported that it has received a total of $6.5M Veritone has over 300 employees and had 2019 net revenues of $49.6M. in loans under the Paycheck Protection Program (PPP).

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Phyn Ties With Insurer For Smart Water Assistant

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Phyn develops a device which installs at the main supply of a home, and uses artificial intelligence technology and sensors to determine exactly what is using water in a home. PURE Insurance provides its insurance to high net worth individuals and families. Size of the discount being provided to users was not announced.

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GumGum Sports: Lost Opportunity For Sponsors At Women's World Cup

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According to GumGum Sports, its analysis found that the stadium wall below the stands--which was unsold, with no sponsor logo present--could have netted a sponsor $1M per match in value, and given a World Cup partner the greatest return on investment of any sponsorship placement.

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Wazee Digital Acquired By Veritone

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Veritone is a developer of artificial intelligence software used to analyze audio, video and other data sources. Wazee Digital had net revenues of over $19M in 2017, according to the companies. Veritone said it paid $15.0M for Wazee Digital, split between $7.5M in cash and $7.5M in Veritone common stock.