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Lantern Credit Buys Machine Learning Technology

socalTECH

Newport Beach-based Lantern Credit , a fintech startup focused on the consumer credit market, said this morning that it has acquired a set of software used for machine learning. Lantern Credit said Korns previously has served at such companies as IBM, Tymshare Transaction Services, Xerox Imaging and Investment Science.

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IBM Watson AI XPRIZE Competition Opens Registration

socalTECH

The IBM Watson AI XPRIZE , the $5M competition being run by Los Angeles-based XPRIZE , has opened up registrations to teams, and has published guidelines for the artificial intelligence competition.

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What’s the Business Model for Artificial Intelligence in Healthcare?

Xconomy

These are heady times for using artificial intelligence to extract insights from healthcare data—in particular, from the tidal wave of information coming out of fields like genomics and medical imaging. This story is part of an ongoing Xconomy series on A.I. in healthcare.

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Bitvore Brings Latest Funding Round To $14.2M

socalTECH

Irvine-based Bitvore , the big data, artificial intelligence, and data analytics startup, has upped its latest funding round to $14.2M, as part of what appears to be an ongoing $17.75M funding effort. The company's CEO, Jeff Drake, was a founder at Access360 (acquired by IBM), and also served at IBM, Akana, and ServiceMesh.

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IBM Backs New $5M AI XPRIZE

socalTECH

IBM and XPRIZE , the Culver City organization which runs major challenges to advance technology and help apply innovation to solving some of the world's biggest challenges, have announced a new IBM Watson AI PRIZE. The new prize will be awarded in 2020, and rules for the new competition will be announced in May. READ MORE>>.

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Trio Of SoCal Investors Back Welltok

socalTECH

in healthcare software developer Welltok , which announced a big funding round this morning. Series C funding from New Enterprise Associates (NEA), IBM--via its new "Watson Fund"--and Qualcomm Ventures, along with existing investors Emergence Capital Partners, InterWest Partners, Miramar Venture Partners and Okapi Venture Capital.

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Ampsy Taps Into IBM's Watson For Social Analytics

socalTECH

Los Angeles-based Ampsy , the social content sharing and aggregation software developer led by Jeremy Gocke, has linked into IBM's Watson technology, saying it is using the machine learning technology as part of a new analytics offering. READ MORE>>.

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