U.S. Fintech Cleareye.ai Joins Forces With Microsoft for AI Platform
Cleareye.ai, a U.S.-based fintech that operates a artificial intelligence (AI) machine learning platform, announced on Tuesday it has joined forces with tech giant
Microsoft. Cleareye.ai reported that through the partnership it will use Microsoft technology to power its products, which includes its Paycheck Protection Program (PPP) Loan Forgiveness Processing Engine.
“This offering is a Microsoft Azure Artificial Intelligence (AI) powered document automation and rules reconciliation solution. It is designed for lenders who process forgiveness applications as part of the Small Business Administration’s Paycheck Protection Program (PPP), that provides direct incentives to small businesses to keep workers on the payroll during the COVID-19 pandemic.”