Andreessen Horowitz last month filed papers to turn the 10-year-old VC firm into a registered investment advisor, RIA, to invest more broadly and more flexibly. Forbes in a feature called it “Andreesen Horowitz is blowing up the venture capital model (again)”. a16z, as the firm is also known, was one of the AI/tech investing pioneers, …
Data as the new oil, and how data-rich industries such as financial services can tap into their noisy liquid gold. A recent in-depth Accenture study addresses the challenges for financial services on the road to AI adoption, especially cultural and how to become comfortable with the robustness of modeling techniques. Access the full report on …
Accenture: Challenges for Financial Services in ML/AI Adoption Read More »
Most of the bigger accounting, consulting, advisory and research houses have started to focus their attention on how AI, ML, big data and predictive analytics are changing investment management, for productivity, automation, distribution, and investing. Here are few of the good recent ones for you to review: McKinsey: Advanced analytics in asset management: Beyond the …
About a year and a half ago, Jonathan Wilmot, Credit Suisse’s Chief Global Strategist and Head of Macro Research after over 30 years with the firm, took the data science department and started his own AI investment boutique, WilmotML – as in Machine Learning. Aric Whitewood, CS’s Head of Data Science for seven years, left …
JP Morgan has been extremely busy in the last few years following the tech giants’ blueprint for AI: hire the best people, make headlines, re-invent the business, and… make money in the process. The firm’s public AI website, a part is shown below, highlights tech efforts around AI, FinTech, Blockchain, Development and Digital Payments. 40% …
JP Morgan and AI: „This is not Pie-in-the-Sky Stuff“ Read More »
Brevan Howard, after hiring Karim-Patrick Khiar in the spring of 2017 as Head Data Strategist, two months ago made him the Head of AI Driven Systematic Investments… this marks an increasing push by (Alternative) Asset Managers to implement AI in the investment process, once big data is organized effectively. BH, founded in 2002, is one …
Brevan Howard Appoints Head of AI Driven Systematic Investments Read More »
Today Stanford is launching the Institute for Human Centered Artificial Intelligence (HAI), for interdisciplinary research including academia, regulators and industry on future and emerging tech. It will be called Stanford HAI – high indeed. The two directors are academia superstars: Fei-Fei Li, the former Google Cloud Chief Scientist that publicly led the Google discussions on …
Stanford launches Human-Centered AI Institute: Human – Augment – Intellect Read More »
Yi Huiman, former head of the Industrial and Commercial Bank of China (ICBC), named as new chairman of the China Securities Regulatory Commission (CSRC), with the expectation to focus on innovation and technology in partnership with the tech board.
In many ways, Apple is on top of the business world because of the iPhone. Technology and foresight allowed Apple to become one of the top three global companies by market cap thanks to the iPhone. Fourth quarter 2018 numbers showed $62.9 billion in revenues and the shipment of Apple’s 2 billionth iOS device, “with …
Apple Looks To AI in New Industries For Post iPhone Era, including Financial Services Read More »
Google just announced its intent to buy Alooma for cloud data migration and to grow its cloud footprint in Israel. Google’s VP of Engineering and Director of Product Management for the Cloud Platform commented that “one of the things we’re most excited about with Alooma is the deep expertise for both enterprise and open source …