Urban Compass Inc., a SoftBank-backed real-estate brokerage company, announced Tuesday that it had acquired an artificial-intelligence startup to help improve the buying and selling process for its agents and their clients. The company, known as Compass, said it purchased New York-based Detectica Inc. last month for an undisclosed sum. It is the first AI-related acquisition for Compass, which was founded in 2012 and which has branded itself as a technology company, touting the online tools it has developed to help agents produce...

Source: Wall Street Journal November 19, 2019 10:36 UTC