Saturday, October 24, 2020

Zest AI raises $15M for its AI-powered tech that it claims can help financial institutions reduce bias in loan portfolios, bringing its total VC funding to $87M (Kyle Wiggers/VentureBeat)

Kyle Wiggers / VentureBeat:
Zest AI raises $15M for its AI-powered tech that it claims can help financial institutions reduce bias in loan portfolios, bringing its total VC funding to $87M  —  Zest AI, a company developing AI-powered loan decisioning products, today closed a $15 million funding round led by Insight Partners.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...