ALPACA
Location: San Mateo, Calif. (U.S. office)
How it's using AI in finance: Alpaca combines proprietary deep learning technology and high-speed data storage to provide short and long-term forecasting applications.
Alpaca’s technology identifies patterns in market price-changes and translates its findings into multi-market dashboards.
Industry impact: The company recently partnered with financial news giant Bloomberg to provide users with its "AlpacaForecast AI Prediction Market." The program predicts short-term forecasts in real-time for major markets.
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