AI and Machine Learning Network Fetch.ai to connect Autonomous Economic Agents to IOTA Network’s Data Sources

IOTA x Fetch AI

As mentioned in a blog post by Fetch.ai, dated June 10, 2021, for the first time ever, this draws “a clear, substantial path” to addressing the data discoverability problem, and to “connect those that need information to those that have it — seamlessly, autonomously, and in real-time.” As noted in the announcement, today’s world is “drowning” in data, however, most of it is “lost” because those who produce it do not actually share it, and those who require it don’t access it — usually because they “don’t know it’s there, and don’t know where to look for it. Furthermore, much data has a limited shelf-life,” the update from Fetch.ai explained.

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Conversational AI Platform Active.ai partners Glia to empower Financial Institutions with meeting clients in Digital Environment

Active AI - Glia

Active.Ai, a conversational AI platform developed for financial services, and Glia, a provider of digital customer service, have teamed up in order to empower financial institutions with meeting their customers in the digital domain.

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AI enhanced investment management provider Vise Secures $65M via series C led by Ribbit Capital, Sequoia Capital

Art deco statue

Vise, an AI-enhanced investment management platform, has secured $65 million in capital through a Series C round that was led by Ribbit Capital and also saw participation from  Sequoia Capital.

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[Report] Fintech Assets experiencing increased demand as Big Data, AI, Data Analytics, Automation “Aggressively Disrupt” Sector

Pitchbook report

As the world economy continued to rebound during the first quarter of 2021 (after the COVID-19 induced lockdowns across the globe), so too did international mergers and acquisitions (M&A) activity, according to a new report released by Pitchbook. Wylie Fernyhough, Senior Analyst, PE Lead, Pitchbook, noted in the report that 8,753 deals closed during Q1 2021 for “a total of $917.7 billion.”

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