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Elon Musk Warns On Runaway Artificial Intelligence

socalTECH

Elon Musk , the technology mogul and visionary who has brought us such technology innovations widespread electronic payments via PayPal, electric cars via Tesla Motors , and commercial rocket service via SpaceX , warns that artificial intelligence has the threat of becoming mankind''s "biggest existential threat" last week.

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TeleSign Adds Machine Learning For Fraud Scoring

socalTECH

Los Angeles-based TeleSign , which powers the phone-based verification and authentication systems of many top tier Internet e-commerce and web services providers, said on Thursday that it has begun using machine learning in its fraud intelligence software, TeleSign Score.

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Retina Launches AI, Machine Learning Tool For E-commerce Companies

socalTECH

Los Angeles-based Retina , a startup which develops machine learning and artificial intelligence software for predicting customer lifetime value (CLV) of a company's customer, said it has launched a new tool that it is offering up to small to middle-market e-commerce businesses.

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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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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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Going long on LA, India, AI and tech infrastructure March Capital raises $300 million

TechCrunch LA

It’s another indicator that the Los Angeles technology ecosystem is coming of age, but also a sign that March’s core investment strategies — to invest in companies applying artificial intelligence to business use cases and investing in the next wave transforming computing infrastructure — are paying off.

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March Capital Leads $15.5M Round In AI Startup

socalTECH

Los Angeles-based March Capital is the lead investor in an artificial intelligence startup, which is aiming at improving employee service, as it further continues its theme of investing in big data, artificial intelligence, and machine learning startups in the enterprise. READ MORE>>.