machine learning

Amid ‘Private Credit Boom,’ Dallas Fintech Siepe Lands $30M Series B to Expand Tech-Enabled Solutions

by | Aug 22, 2024
"The new capital will help us continue our momentum in deploying integrated solutions and best-in-class service for fund managers in the private credit and broadly syndicated bank debt sector," Siepe CEO and founder Michael Pusateri said. In conjunction with the new funding, Siepe has appointed Mark Schultis as president.
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UTA Study Shows Machine Learning Technique Is 30% Better at Predicting Cancer Cure Rates
by | Dec 6, 2023
UT Arlington principal investigator Dr. Suvra Pal said that previous studies modeling the probability of a cancer cure—also called the cure rate—"used a generalized linear model." The new statistical modeling method published by Pal and his student is said to be 30% more effective in predicting who will be cured of cancer and who will need further treatment.
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Techstars Fort Worth Picks 10 Physical Health Startups in Year Two of Accelerator
by | Sep 30, 2023
The Techstars program pumped up the volume in its second year, reviewing more than 3,500 applications—four times more than last year. Founders from around the world will travel to Fort Worth for the "one-of-a-kind," whole health-focused program.
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RobotLAB Expands Lineup for ‘AI, Robotics & the Future of Work’ Summit at Its New Southlake HQ

by | Jul 10, 2023
RobotLAB CEO and Founder Elad Inbar says the summit will shed light on the advantages that robotics and AI bring to various industries. And lunch will be served on robots.
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Caris Life Sciences and ConcertAI Announce New Clinico-Genomic Research Platform
by | Jun 1, 2023
Expanding a collaboration they announced in January, the two companies aim to drive "the future of cancer care" with the new platform, enabling novel insights for precision medicine, therapeutic development, and clinical trials management for academic and biopharma researchers.
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Busting the Brain’s Firewall: How Lantern Pharma’s Algorithms Can Predict a Drug’s Ability to Reach the Brain
by | May 2, 2023
The "blood-brain barrier" acts like a highly selective firewall, preventing an estimated 98% of drugs from entering the brain—making it a major hurdle in the development of brain and central nervous system drugs. Lantern Pharma has recently developed what it calls "highly accurate AI algorithms" to predict the ability of a drug or compound to pass through the barrier.
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Following Series A Investment, Logile Launches AI-Driven Forecasting Pilot Program for Retailers
by | Mar 28, 2023
The Southlake-based company says retailers can sign up and use what it calls the industry's most powerful, accurate AI and ML-driven metric forecasting through a fully automated self-serve platform—all at no obligation. "We're confident retailers will be intrigued and delighted when they compare our automated forecast results with their actuals and legacy forecasts," says Founder and CEO Purna Mishra.
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Irving’s Caris Life Sciences Closes On $400M Secured Term Loan

by | Jan 23, 2023

Caris Life Sciences, the Irving-based biotech company, announced Thursday that it closed a senior secured term loan providing up to $400 million in capital from OrbiMed and Braidwell, bringing its funding total since 2018 to roughly $1.7 billion.

Caris, a molecular science and technology company that is actively developing and delivering innovative solutions to revolutionize healthcare, said it will use the proceeds to repay debt, improve its unique precision medicine platform, and for general corporate purposes....

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Lantern Pharma’s New Drug Candidate for Mantle Cell Lymphoma Shows Promise
by | Dec 22, 2022
The Dallas-based biopharmaceutical company expects to begin testing the drug candidate in a “first in human” trial in mid-2023. The drug was developed using the publicly traded company’s AI/ML drug development platform.

Lantern, in collaboration with the National Cancer Institute, recently published insights on how AI can be used to find new indications for cancer drugs in record times with significant reductions in costs.
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From left: Abidali Neemuchwala and Dayakar Puskoor [Photo: Dallas Venture Capital]
‘Cross-Border VC’: Dallas Venture Capital Raises $80M to Invest Alongside Its $50M India Fund
by | May 25, 2022
Dallas Venture Capital is "poised to bootstrap two large start-up ecosystems in the U.S. and India," says co-founder Dayakar Puskoor.

The venture firm—which has an office in Irving and another in Hyperabad, India—plans a combined deployment of the funds over four to five years.
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With $4M in Funding, Dallas Startup Aims to Streamline the Hiring Process
by | May 11, 2022
Dallas-based software startup HireLogic aims to improve the job interview process with its AI- and machine learning-powered platform, designed to help automate the screening process. Its CEO says he wants to help companies "gain insights from interview data to make faster, better hiring decisions."
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New Spinoff Company Aims to Create Digital Solutions with ‘Next-Gen’ Technology

by | Mar 23, 2022
InfoVision, a Richardson-based digital transformation and consulting firm, is spinning out its Digit7 business—which focuses on developing customizable and scalable digital solutions through “next-gen” tech—as an independent entity.

Last year, Digit7 set up a 15,000 square-foot “innovation lab” in Richardson. The company also has offices in India.
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SMU Study Uses Drones and Machine Learning to Find ‘Infrastructure Desert’ Neighborhoods in Dallas
by | Feb 22, 2022
The study by a team of SMU civil engineering researchers was supported by a five-year, $584,000 National Science Foundation grant. The team hopes that their study will lead to equitable improvements in the identified neighborhoods—with better groceries, internet access, noise walls, crosswalks, hospital access, bike trails, and more.
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Farms of the Future: Alphabet-Backed Vertical Farming Startup Plans New Site in Arlington
by | Feb 16, 2022
New York-based Bowery Farming is a vertical farming startup that aims to lead "the next generation of agriculture." Valued at $2.3 billion and backed by Alphabet's VC investment arm GV, it will create 100 jobs at its new indoor farm in Arlington—where software, sensors, and machine learning will help things grow.
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Local Startup Aims to Save Peoples’ Sight with Video Games
by | Feb 7, 2022
McKinney-based BALANCED Media|Technology, SMU, and the Retina Foundation of the Southwest are collaborating to commercialize technology to fight age-related macular degeneration. Using a crowdsourced video game, players help the team create new data sets out of captured retinal images, helping to lead to potential breakthroughs in detection and treatment.
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