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 »
About ten years ago I interviewed Cliff Asness at an Institutional Investor event – as with his investment and research philosophy, it was honest and provocative. AQR went from $12 billion to $225 billion in a decade and a half, used data science and open source research from day one and has pioneered a number …
When a traditional shoe-retailer like Foot Locker creates data-science teams and completely revamps its corporate culture and process around their (young-ish) client base, with initiatives executed across product, user X, design and engineering by the Chief Information and Customer Connectivity Officer, it becomes clear how much AI is changing even the most “sleepy” industries. A …
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 …
Who says Machine Learning and computer/algorithmic investing can‘t be exciting? Prof Marcos Lopez de Prado in September 2018 joined AQR as their Head of Machine Learning/Principal with his team. „Our foundation in applied academia and our culture of intellectual curiosity mean we are always relentlessly looking for new data, signals and techniques to strengthen our …
Venky Harinarayan and Anand Rajaraman first met at the Indian Institute of Technology, Madras and, while getting advanced computer science degrees at Stanford (and sharing an office with Sergey Brin), founded Junglee, a shopping search engine enabling customers to search for products from online and offline retailers in India, in 1996 (later bringing on two …
Silicon Valley AI Startups, and how they sell to firms like Amazon, Google and Walmart Read More »
As said earlier this week, JP Morgan is continuously ramping up AI hiring efforts. Two months ago they snapped up the Chief Data Officer from Salesforce for their west coast AI efforts. Asset Management and AI, just the beginning… Naren Chittar sold his four staff company MinHash to Salesforce and joined the company as Senior …
JP Morgan Hires Senior Director for Data Science from SalesForce in AI Hiring Push Read More »
Warren Enskat / Weekly AI Summary (WE-WAIS) / 1-6-2019 Some of the AI developments and thoughts from this past week: – JP Morgan launches all mobile bank, Finn by Chase, with analytics/strategy exec at the helm: JP Morgan has been busy with ML, AI and data science hires. A few months ago they took Google’s Head …
Warren Enskat Weekly AI Summary Jan 6, 2019 (WE-WAIS) Read More »