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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. Machine learning is great at consuming data, taking lots of different data, and finding signal in that data to make predictions.

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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.

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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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Startups Optimistic About Business Conditions, Despite Uncertainty, Says Report

socalTECH

A new report issued today by Silicon Valley Bank, says that startups are generally optimistic about their business opportunities, and they plan to raise capital and expand their workforces this year, despite "economic and political" uncertainty across the globe. SVB posted its full report online.

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What Is Claude AI and Anthropic? ChatGPT’s Rival Explained

Tech.Co

It comes courtesy of Google and Amazon-backed startup Anthropic, which was only founded in 2021. More than 350,000 people signed up to the waitlist to use Claude 2, the most recent version of the language model. Anthropic is an AI startup company based in San Francisco, California. What is Anthropic AI?

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53 Questions Developers Should Ask Innovators

TechEmpower

At TechEmpower, we frequently talk to startup founders, CEOs, product leaders, and other innovators about their next big tech initiative. Background Questions Let’s start with some background questions about the business and product. What are your key Startup Metrics ? Who are the customers? Ads, Viral/Social, SEO)?

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Diffbot’s A.I. Engine Draws Global Map of Machine Learning Expertise

Xconomy

A year ago, the leading Chinese Internet company Tencent Holdings pegged the global number of artificial intelligence researchers and professionals at 300,000 or less—just as the unmet demand for such experts was pushing salary offers to as much as $1 million. Now, Silicon Valley company Diffbot has used its A.I.