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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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XPRIZE Awards Winner In $5M IBM Watson AI Prize

socalTECH

Los Angeles-based XPRIZE, which operates a number of competitions aimed at encouraging advancement in key technology areas, says a Grand Prize Winner has been named in the IBM Watson AI XPRIZE Competition. Zzapp Malaria is focused on using artificial intelligence for malaria elimination campaigns, and is based in Tel Aviv, Israel.

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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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XPRIZE Whittles IBM Watson AI Teams To 59

socalTECH

XPRIZE , the Los Angeles nonprofit which promotes development of new technology to help solve world problems, has whittled down the number of teams competing in the IBM Watson AI XPRIZE , focused on using AI to world's greatest challenges.

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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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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 CEO, Jeff Drake, was a founder at Access360 (acquired by IBM), and also served at IBM, Akana, and ServiceMesh.