Hello and welcome back to Equity , TechCrunch’s venture capital-focused podcast ( now on Twitter! ), where we unpack the numbers behind the headlines. A few notes before we get into this. One, we have a bonus episode coming this Saturday focused on this week’s earnings reports. And, second, we did not record video this week. So, if you like watching the show on YouTube, this is not the week for that! Right, here’s what Natasha , Danny , and your humble servant got into this week: The huge COVID-related hit that public markets took this week , with […]
Jack Chandler told Business Insider that as an investment manager, he had long watched the “rise of private investors and the mass size of investor pools,” and was interested in the “democratization” that crowdfunding could allow for. CrowdStreet This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.
Intel Corp. today said that it’s buying Andreessen Horowitz-backed artificial intelligence startup SigOpt Inc. for an undisclosed sum. SigOpt, based in San Francisco, develops a software platform that is used by private firms and research groups such as OpenAI to boost the performance of their AI models. Its platform improves model performance through a method known as hyperparameter optimization. Hyperparameters are settings defined by developers that influence how an AI processes data. These settings can include, among others, the number of artificial neurons in a model and the way those neurons interact with each other. Hyperparameter optimization, SigOpt’s specialty, […]
BOSTON, Oct. 29, 2020 /PRNewswire/ — PAYMYNT Financial, a Greater Boston-based financial technology company, filed a patent application for its novel Universal Rewards System. PAYMYNT Rewards is an all-in-one mobile commerce platform with over 2,000 name-brand retail partners. “Today’s reward systems are fragmented and do little to benefit the consumer.” Michael Rosa said, CEO, PAYMYNT Financial. “Our universal rewards system unifies all consumer spending into one easy-to-use application while offering customers the freedom to choose how they want to earn, save, spend, or send their rewards.” PAYMYNT Financial filed a patent application for its novel Universal Rewards System. The […]
Image courtesy of Slingshot Aerospace Sensors on satellites, drones, jets and ground operations churn out massive amounts of data, and they can provide advanced insights about everything from debris drifting in space to mapping food resources on the ground. Making sense of billions of esoteric data points isn’t easy, but that’s exactly what Austin-based startup Slingshot Aerospace is focused on. The company uses advanced analytics, aerial imagery and partnerships with government agencies, including the U.S. Air Force and NASA, to visualize complex data and provide real-time locational awareness of space debris and other objects. The startup, which also has […]