Thursday, April 04, 2019

Newscycle granted patent


Newscycle Solutions, a supplier of real-time content for financial industries, corporate intelligence and the news media, has gotten a patent for a new technique in unsupervised learning, the company says. The technology uses methods in the NewsEdge software for clustering like content.
“The challenge of unsupervised learning is this: take a huge sample of individuals (or individual things, like news articles), and group like-with-like,” said Lawrence C. Rafsky, chief artificial intelligence/machine learning scientist at Acquire Media, a Newscycle company. Rafsky created the technique in collaboration with Jonathan A. Marshall.
Rafsky said that there are numerous other techniques for unsupervised learning, but the Newscycle-patented solution is unique in that it runs in real time and gets an exact answer to the underlying combinatorial minimization problem. “It’s super-fast and we get the exact answer, whereas other techniques just arrive at an approximation,” he said.
Newscycle’s NewsEdge content-as-a-service solution uses the algorithm to group more than 750,000 news articles a day into buckets of single-themed news events, continuously throughout the day, in real time. However, its creators note that it could have applications in other industries as well.
U.S. Patent #10,216,829 was issued Feb 26, 2019.

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