Metonymy Labs is one of the few commercial firms doubling-down on Third Wave Artificial Intelligence. With the right interdisciplinary expertise and a proprietary natural language processing (NLP) enabled tool-kit, Metolabs is the first-mover in AI augmented diligence (#ADAI).
Results as of July 2017:
1. #ADAI deployed on seven $10mm+ transactions; combined asset value exceeds $1 Billion
2. Pilots completed: Top 10 Hedge Fund, Top 10 patent owner, multiple Top 10 litigation funders
3. Smallest #ADAI contract is six figures
4. First alliance in litigation finance was announced in February 2017
5. First Patent, jointly filed with UNC, published in January 2017
On June 16, 2017, we presented the first #ADAI results at ICAIL, London. In the paper we disclose the information retrieval methodology used in our patent diligence solution. We also showed how our technology can model the biggest risk factor in patent finance 4X better than state of art.
Looking ahead, we believe #ADAI is essential for the coming investment regime where the sources of risk and value are almost entirely intangible, invisible and harder to quantify (85% of the market value in the S&P 500 index is classified as intangible today).