
AI Chat: ChatGPT, AI News, Artificial Intelligence, OpenAI, Machine Learning Tractable Raises $65M for AI Insurance Appraisals (Led by SoftBank)
Jul 18, 2023
Tractable, an AI-powered property damage appraisal company, raised $65M in funding led by SoftBank. Their AI solutions are transforming the insurance industry. The CEO discusses partnerships with insurance giants and their expansion plans. The funding round and potential impact of their AI technology are analyzed. The challenge of unprofitability and valuation in the market is explored using Tractable as a case study.
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