Proptech is beginning to become a buzzword in real estate markets as the industry looks to change how real estate...
Data is everywhere. The world generates some 2.5 quintillion bytes of data every day. Some people have said we are...
In an address to the 19th CPC National Congress Xi called for bigger efforts to increase growth in internet based companies, big data and artificial intelligence; “We will make sure that our payment, wealth management and credit services can improve the welfare of the unbanked and underbanked population,” said Ant Financial CEO Eric Jing who was responding to another section of Xi’s speech which looks for the economy to better serve everyone. Source.
Machine learning and predictive analytics have started to make a real difference in the VC world when it comes to finding investments; VC’s typically traveled a lot and met with thousands of companies to find a few investments; by using machine learning to break down troves of data, like job postings or performance in the App Store, investors can find potential gems without the same laborious effort; VC firms are investing in tools to help them refine searches and comb through thousands of companies quickly; increased computing power and cheaper ways to rent server capacity has really helped VC’s, even the small firms, use these techniques every day. Source.
After the financial crisis banks pulled back from lending to anyone they deemed a potential risk; this helped spur many...
This week the chairwoman of the House Financial Services Committee, Maxine Waters, announced the creation of a Task Force on...
The average American checks their phone 47 times a day according to this study by Deloitte. The number is much...
A new survey by BlackRock of more than 200 institutional investors shows that only a quarter say technology is as important...
DE Shaw is a leader in combining quantitative investing with traditional fundamental strategies which has been called quantamental; this has...
Over the past several years, technology has become increasingly ingrained in our lives. Most recently, the current global pandemic has...