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Advanced / Transformational Technology

In-Q-Tel Invests In Artificial Intelligence Firm That Rapidly Processes Open Source Data

By Cal Biesecker

Wednesday, June 5th, 2019

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Forge.AI co-founder and CEO Jim Crowley. Photo: Forge.AI

The government-backed strategic investor In-Q-Tel has made a strategic investment in Forge.AI, a company focused on processing unstructured data found in open sources such as news reports and social media and turning it into machine-ready data with predictive capabilities based on world events in real-time using artificial intelligence. Terms of the investment were not disclosed. The company also said that it has added retired Army. Gen. John Mulholland to its advisory board. IQT is a not-for-profit investor that aims to…

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