Friday, May 16, 2014

Daily News Doodle 4

Algorithm appointed Board Director

Deep Knowledge Ventures, a venture capital form which focuses on drugs for age-related diseases, has appointed a program called Vital to vote in it's Board of Directors.

Vital is a program made by UK-based Aging Analytics. It will make recommendations based off data concerning financial information, clinical trials, the firm's intelectual properties and previous funds.

People are saying this move is more of a publicity hype, as it is common for companies to use large data search programs to inform their decisions.

The program has already approved two investments.

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