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Start-up uses AI to zero in on US property deals

Written by CRETech | May 10, 2019 12:43:13 PM

A US real estate investment firm is counting on artificial intelligence for an edge in scoping out suitable property purchases, but it isn’t planning on surrendering complete control to the machines.

Skyline AI, based in New York, scrapes data from public and less conventional sources to feed its predictive model as it seeks signals in target assets. The firm’s co-founder and chief technology officer, Or Hiltch, likens the process to a medical procedure.