Telefonica Open Future has partnered with machine learning company BigML to create, what they claim is the world's first algorithm to help venture capitalists decide which startups to invest in. BigML recently acquired a software tool that uses k-optimal association discovery. The startup behind the tool, uber-early stage investment firm Andreessen Horowitz, announced today the launch of its new seed round for an undisclosed amount.
Telefonica Open Future has partnered with machine learning company BigML to create, what they claim is the world's first algorithm to help venture capitalists decide which startups to invest in. BigML recently acquired a software tool that uses k-optimal association discovery. The two plan to test the algorithm through a startup battle event series.