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Real estate CIOs drive deals with data

CIO

The residential real estate industry may not be perceived to be as digitally aggressive as Wall Street titans and multinational manufacturing conglomerates. And the crew is using AWS SageMaker machine learning (ML) to give its agents the best local leads and prospective buyers.

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10 projects top of mind for IT leaders today

CIO

Artificial intelligence and machine learning Unsurprisingly, AI and machine learning top the list of initiatives CIOs expect their involvement to increase in the coming year, with 80% of respondents to the State of the CIO survey saying so. 1 priority among its respondents as well.

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Avenue 8 raises $4M to rebuild the traditional real estate brokerage model

TechCrunch

We’ve seen a big wave of proptech startups emerge to reimagine how houses and bought and sold, with some tapping into the opportunity with distressed property , and others exploring the “ iBuyer ” model where houses are bought, fixed up and resold by a single startup to homeowners who don’t want to invest in a fixer-upper.

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Hustle Fund backs Fintor, which wants to make it easier to invest in real estate

TechCrunch

Eight out of 10 said they would like to invest in real estate but were deterred by all the barriers to entry. There is clearly a large demand for access to real estate,” Yousefi said. million in seed money to continue building out its fractional real estate investing platform.

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Commercial real estate lending startup Lev brings in $30M on a $130M valuation

TechCrunch

Commercial real estate has been slow to embrace technology ; though it has an addressable financing market of more than $40 billion, putting together a deal is still mostly manual, paper-heavy and complicated. The latest financing comes four months after the company raised $10 million in seed funding led by NFX.

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Global Founders Capital leads $9.3M investment into Awning, a real estate brokerage for individual investors

TechCrunch

And today, the San Francisco-based real estate brokerage is coming out of stealth with $9.3 Awning works by using machine learning and data analytics in an effort “to surface the best nationwide single-family rental properties for investors, with estimations of their financial returns.”

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Kapacity.io is using AI to drive energy and emissions savings for real estate

TechCrunch

is on a mission to accelerate the decarbonization of buildings by using AI-generated efficiency savings to encourage electrification of commercial real estate — wooing buildings away from reliance on fossil fuels to power their heating and cooling needs. Y Combinator-backed Kapacity.io And Rauhala names the U.K.