DataRobot gets investment from IC venture arm In-Q-Tel --
Summary
Artificial intelligence and data science firm DataRobot has received an investment from intelligence communitys venture capital arm In-Q-Tel in an effort to help agencies further adopt machine learning platforms. Boston-based DataRobots strategic development agreement with In-Q-Tel also seeks to apply existing data toward making faster decisions based on predictive analytics, both entities said Monday. Companies in the banking, insurance and health care sectors use DataRobots platform to forecast actions and make predictions through the use of open source machine learning algorithms. In-Q-Tel envisions the DataRobot platform as helping agencies overcome a shortage of data scientists in their ranks. Started in 1999, In-Q-Tel is a nonprofit organization that partners with and makes investments in companies to further develop new technologies for potential usage in national security missions.
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