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Taktile raises $20M to help fintech companies test and deploy decision-making models

TechCrunch

While there, they found that many automated decisions were poorly designed, hardly ever tested properly and required a lot of engineering capacity — ultimately leading to guesswork. Taktile would let the head of credit at the bank back-test the change and analyze its impact before actually implementing it.

Fintech 228
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Molecule.one grows its drug synthesis AI platform with a $4.6M seed round

TechCrunch

Its machine learning systems predict the best ways to synthesize potentially valuable molecules, a crucial part of creating new drugs and treatments. The company’s system enters play when you have some exotic new compound you want to make in order to test it in real life, but don’t know how to make it.

Chemicals 246
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Off the Shelf vs Custom Software: Making the Right Choice for Your Business

Trigent

Here’s all that you need to make an informed choice on off the shelf vs custom software. While doing so, they have two choices – to buy a ready-made off-the-shelf solution created for the mass market or get a custom software designed and developed to serve their specific needs and requirements.

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9 IT resolutions for 2025

CIO

Wetmur says Morgan Stanley has been using modern data science, AI, and machine learning for years to analyze data and activity, pinpoint risks, and initiate mitigation, noting that teams at the firm have earned patents in this space. CIOs are an ambitious lot. Heres what they resolve to do in the upcoming 12 months.

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Managing machine learning in the enterprise: Lessons from banking and health care

O'Reilly Media - Ideas

As companies use machine learning (ML) and AI technologies across a broader suite of products and services, it’s clear that new tools, best practices, and new organizational structures will be needed. What cultural and organizational changes will be needed to accommodate the rise of machine and learning and AI?

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Automated Claims Processing: Using RPA and Machine Learning to Manage Insurance Claims

Altexsoft

And when it comes to decision-making, it’s often more nuanced than an off-the-shelf system can handle — it needs the understanding of the context of each particular case. But it does need more advanced approaches that mimic human perception and judgment like AI, Machine Learning, and ML-based Robotic Process Automation.

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NJ Transit creates ‘data engine’ to fuel transformation

CIO

Collectively, the agencies also have pilots up and running to test electric buses and IoT sensors scattered throughout the transportation system. NJ Transit’s digital infrastructure has come a long way since Lookman Fazal took the top tech post more than three years ago. We have shown out value,” Fazal says of the transformation. “We