Diveplane, founded by former Epic Games CEO, releases new AI tool for real estate investors
RALEIGH – Diveplane, an artificial intelligence (AI) startup founded by the former Epic Games CEO Dr. Michael Capps, has released a new tool created specifically for the commercial real estate industry.
ALLUVION’s algorithms identify constantly changing trends and analyze variable volatility to accurately project market growth, the Raleigh-based firm said, instead of basing predictions solely off past observations.
This cutting-edge technology “allows investors to anticipate real ROI and adjust investment strategies accordingly to meet their objectives.”
“The economy is complex, and so are real estate investments,” said Dr. Capps, in a statement.
“Diveplane’s ALLUVION complements the experience of the broker with economic data and demonstrates unparalleled accuracy in market prediction. At Diveplane we aim to stack the deck in favor of the investor by providing cutting-edge, patented technology to deliver a timely solution that augments our customers’ business capabilities and decisioning processes.”
In addition, Capps, who led Epic Games for almost a decade, said ALLUVION is scalable and can deliver analysis from single property categories in discreet Metropolitan statistical areas (MSAs) to multi state, multi MSAs and even multiple property categories.
Founded in 2018, Diveplane develops technology that helps businesses and government organizations understand AI with a trainable, interpretable and auditable.