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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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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. How can startups make money in this emerging field? This story is part of an ongoing Xconomy series on A.I.

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Revnue Aims AI Tools At Digital Contracts

socalTECH

A new, West Covina, California-based startup, Revnue Corp., says it is taking aim at the digital contract management industry, with a new artificial intelligence tool. The company says its founders previously worked at Microsoft, Amazon, Experian, and IBM.

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Artificial Intelligence Can Help Or Hurt Any Business

Startup Professionals Musings

Image via Pixabay Everyone has heard about the big potential for using artificial intelligence (AI) to expand your business, but many of the small businesses I mentor are still wary of embracing it, because they don’t understand how it works, and fear losing control and unintended consequences. Individual biases must be excluded.

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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 President, Jeff Curie, was also an executive at Access360, IBM, and SupplyFrame.

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Some of the Best Reads for Casual Friday: Artificial Intelligence

Xconomy

Fridays can be the most productive work day, as you look to shore up everything before the weekend starts. This week, we’re focusing on artificial intelligence, one of the buzziest fields in tech. Fear not: Xconomy has done the work for you, bringing a smattering of some of the most interesting reads out there.

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Ada-AI Seeks to Build a Diverse Artificial Intelligence Community

Xconomy

Artificial intelligence innovation has become part of our everyday lives—retailers use it to tailor the product recommendations they make; biotech companies hope it can create customized medicine. But its shortcomings, born of human biases, are becoming apparent as well. A new organization called Ada-AI, which is based in.