Compass Launches AI Tool for Renovations
The Real Deal
Compass is launching an AI-powered tool to help homeowners visualize improvements and determine what upgrades to make, building on the firm’s program that fronts the cost of home renovations.
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Real Deal
Compass is launching an AI-powered tool to help homeowners visualize improvements and determine what upgrades to make, building on the firm’s program that fronts the cost of home renovations.
CREtech
CREtech (cretech.com) and FUTURE PropTech, the largest intelligence platforms devoted to Reimagining Real Estate, announced today that Ben Lerner, Managing Director at Lerner Associates and Blake Liggio, Partner at Goodwin Procter LLP, will take the stage for the Reimagining Real Estate Virtual Global Summit, the largest global real estate tech virtual conference ever assembled….
The New York Times
As the country reopens, you might start seeing more images like these: real-time heat maps that could find sick people, before they know they are sick. And in a post-quarantine world, you might start having your temperature taken. A lot.
PlaceTech.
The largest productivity increase was identified in the Technology and Media sectors. The highest productivity decrease was in the Education and Research sectors. Respondents miss the office as a place to collaborate and bump into co-workers. But also separation between work-life and home-life is important.
Wall Street Journal
One way to reduce the spread of coronavirus is to maintain ventilation with plenty of fresh air. But what does that amount to in buildings? The pandemic is challenging long-held conventions for offices to be cool, dry, shaded from direct sunlight and mostly sealed off from outside air. Researchers say those conditions can help spread and sustain the virus, prompting manufacturers of heating, ventilation and air-conditioning equipment to alter their products and strategies.
Retail Dive
As governors relaxed stay-at-home orders and people ventured out in recent days, the number of new reported cases of COVID-19 has surged again, reaching a single-day record on Sunday, according to the World Health Organization. Between Jan. 20 and July 1 of this year there have been 2,573,393 confirmed cases of COVID-19 and 126,573 deaths in the U.S., according to WHO data.
Business Wire
Notarize, the first digital notary platform, today announced that it closed a $35 million new round of funding in March, bringing total funding to date to $82 million. The Series C round was led by real-estate focused venture capital firm Camber Creek, Boston-based Polaris Partners, and other existing strategic investors, and has helped Notarize quickly scale to meet unprecedented demand over the last three months.
PropertyQuants
PropertyQuants is offering a Masters’ level course in applying data science and machine learning to real estate. Instructors are PhD Data Scientists with decades of experience in quantitative investing. A version of this course was taught at a leading business school in Q1 2020.This live online course features in-depth hands-on classes. The course runs for up to 11 weeks, depending on the modules taken.
Wall Street Journal
California’s housing crisis has turned housing development into an obsession for tech giants such as Google and Facebook. Now, more venture-backed startups are getting into the game. The latest is Juno Residential Inc., a San Francisco-based company co-founded by Apple and Tesla veterans and backed by Khosla Ventures. The firm, which was founded quietly last year and is to be launched officially on Tuesday, hopes to make the building of apartments more efficient by using mass-production techniqu…
Wall Street Journal
Technology startups have been laying off tens of thousands of workers to cope with the economic fallout of the coronavirus pandemic, potentially blunting a key innovation pipeline for the enterprise information-technology market, according to industry analysts. “Startups are a great source of innovation in the IT industry, but are now especially cash constrained,” said Max Azaham, a senior research director at research and consulting firm Gartner Inc….
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