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Snap accelerator names its latest cohort

TechCrunch LA

TRASH — using this machine learning-based video editing toolkit, users can quickly create and edit high-quality, short-form video. This class shows us that there’s no shortage of innovation at the intersection of creativity and technology, and we’re excited to be part of each company’s journey.”.

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Influential Names New CFO, COO

socalTECH

Lin was previously CFO at Mavenlink and Cake, and also served at Gehry Technologies and Fast Search and Transfer. The company said that Lin will play a "vital role" in its growth, directing financial strategy, business planning, and operations. READ MORE>>.

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Influential Raises $5M For Influencer Marketing

socalTECH

The startup, led by Ryan Detert, says it helps marketers reach more than 7,000 top influencers on Facebook, Instagram, Snapchat, Twitter, Vine and YouTube, using artificial intelligence technology from IBM Watson. The company says it has now raised a total of $9M.

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Snap Buys Fit Analytics

socalTECH

Venice, California-based Snap said on Wednesday that it has acquired Fit Analytics, which is developing machine learning technology which helps people figure out what clothing or shoes might fit them best. Financial terms of the acquisition were not announced. Fit Analytics is based in Berlin, and has around 100 employees.

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REX: Skipping The MLS When You Sell Your Home, with Jack Ryan

socalTECH

Using big data, artificial intelligence, and machine learning, REX takes care of everything both buyers and sellers need, while removing traditional agent commissions of 5-6%. I moved out here seven or eight years ago because the technology environment here is very robust.

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Interview With Jamie Montgomery, March Capital Partners On The Firm's New Fund

socalTECH

Fund I was really focused on AI, and what we now call big data and machine learning, and we focused on the cloud and Internet infrastructure, plus made a couple of investments in India and in gaming. Something like a CrowdStrike might be worth more than a Snapchat, in the end. Jamie Montgomery: Sumant deserves the credit here.

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More investors are betting on virtual influencers like Lil Miquela

TechCrunch LA

At Betaworks, the firm is exploring the popularity of these virtual characters — and the role that artificial intelligence and new content creation technologies will play in reshaping entertainment and social media platforms. “ People are totally fine with things that are artificial,” says Rojas.