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Google's Machine Learning Tools Used To Identify LA Potholes

socalTECH

Machine learning and artificial intelligence are two of the biggest buzzwords in technology today--but how are they being used to help you in everyday life? Google and the student research team did not say if it's reporting those to LA, which already lets users report potholes through an app, MyLA311.

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How ZestFinance Is Using Machine Learning to Reshape Lending, with Jay Budzik

socalTECH

One of the hottest sectors of the technology startup market today is the use of artificial intelligence, big data, and machine learning across many different sectors including finance. We worked with them to create a machine learning model for that line of business, which significantly outperforms traditional methods.

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BlockFraud Finds $5M For Anti-Fraud Software

socalTECH

Santa Monica-based BlockFraud , a developer of machine learning and artificial intelligence software used for detecting mobile fraud, has reportedly raised $5M in a Series A funding, the company disclosed on Wednesday. The funding was led by Palisades Venture Capital. BlockFraud is led by CEO Massimo Cristini.

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Silicon Beach Report Oct. 5: Mattel Cancels Artificially Intelligent Baby Monitor Over Privacy Concerns

L.A. Business Journal

Mattel cancels artificially intelligent baby monitor over privacy concerns, career guide Fuel50 raises $2.5 million and SpaceX president slams space regulations.

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Citadel Defense Lands New DoD Contract, Worth $5M

socalTECH

San Diego-based drone security systems developer Citadel Defense reported on Tuesday that it has snagged a new contract, from the U.S. Citadel Defense is led by CEO Christopher Williams; the company said it uses artificial intelligence, machine learning, and adaptive frequency jamming in its products to counter drone threats.

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Reports: Harvest.Ai Acquired By Amazon

socalTECH

San Diego-based Harvest.ai , a developer of software that uses machine learning and artificial intelligence to prevent data loss from enterprises, has reportedly has been acquired by Amazon.com. The company was reportedly acquired for around $20M. Harvest.ai had raised only $2.3M

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ZestFinance In Test With Freddie Mac

socalTECH

Los Angeles-based fintech startup ZestFinance appears to be on the cusp of a deal with housing finance giant Freddie Mac , according to a report today in the WSJ. The report said that Freddie Mac is testing underwriting software from ZestFinance, which could help make more mortgages available for first time home buyers and minorities.