“Right now we’re working with many multibillion dollar hedge funds and banks to consolidate all their existing news subscriptions feeds into a centralized news platform,” wrote Accern cofounder and CEO Kumesh Aroomoogan, in an email to VentureBeat. “We then curate the news using our artificial intelligence technologies to help them find the most relevant stories on stocks they are tracking.” The company says it tracks more than 300 million websites, social networks like Twitter and Tumblr, and SEC filings in real time. According to Aroomoogan, about a dozen financial institutions are using the platform, typically paying $500 per user per month. Aroomoogan would not disclose customer names but did say there are about 500 active users.

https://venturebeat.com/2017/05/15/accern-raises-1-2-million-for-ai-to-curate-financial-news/