Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
AXIOS
Venture capitalists have been historically reluctant to invest in startups based too far from home, thus making it it easier for “good ideas” to get funded in the Bay Area or the Acela corridor than anywhere else. 2020 may have finally changed that dynamic.
Wall Street Journal
Before the coronavirus upended daily life, it took transportation planner Patrick Mandapaka an hour to commute to work near downtown Houston. When the pandemic eases, he expects lighter traffic will shave 15 to 30 minutes off that drive—time he can spend with family or on his favorite walking trail instead of staring at car bumpers.
Fast Company
White-collar work is a pillar of the big city, but due to the coronavirus pandemic, that pillar might be crumbling. We may not be facing a mass exodus, but many urbanites have already packed their bags and headed to greener, less crowded pastures. And if they haven’t moved already, those that remain may not be far behind.
CREtech
Back by popular demand, CREtech is proud to present our second virtual networking event, CREtech Venture Match, connecting investors and real estate technology companies for a series of 1:1 video meetings. Join us to forge new relationships and drive investment within the industry.
Venture Beat
The 2010s were huge for artificial intelligence, thanks to advances in deep learning, a branch of AI that has become feasible because of the growing capacity to collect, store, and process large amounts of data. Today, deep learning is not just a topic of scientific research but also a key component of many everyday applications.
Smart Cities Dive
While buzz around the passage of New York City’s Climate Mobilization Act in April 2019 has fizzled, the city’s public officials, property owners, architects, real estate moguls and financiers are revving up to put new policies into practice.
The New York Times
Coronavirus will not kill the office. If anything, it figures to be more dynamic than ever. The ability to work remotely will not drive most people away from cities and offices, but it will enable many to live and work in new ways and places — while causing its fair share of disruption.
CREtech
CREtech (cretech.com), the largest intelligence platform devoted to Reimagining Real Estate, announced today the launch of CREtech+, a new streaming video platform featuring original content from the industry’s leading thought leaders.
Wall Street Journal
Cisco Systems Inc. CSCO -0.09% is pulling the plug on a flagship effort to help digitize the modern city, the latest example of a big tech company struggling to enter a new market. The setback comes as the pandemic has weighed on Cisco’s core business of supplying networking equipment and has limited the ability of local governments to finance such projects….
TechCrunch
VergeSense, a startup that uses machine vision to help businesses better understand how their office spaces are being utilized, today announced that it has raised a $12 million Series B funding round led by Tola Capital.
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