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Artificial Intelligence: Marty the Robot Hunts for Spills in Supermarket Aisles

Marty the supermarket robot is rather smart. Armed with three high-resolution cameras, computer vision, navigation systems, numerous sensors, and smart AI software, Marty is able to sidestep shoppers and pinpoint spills. Marty is a social robot and the first of its kind to be deployed in a live customer environment in supermarkets.

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Fintech: Visa Enters an Investment and Strategic Partnership with GoodData
May 22, 2020

Global analytics firm GoodData announced it had received an investment from Visa Ventures, the corporate venture investment division of payments giant Visa (NYSE: V). GoodData also said the two companies…

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Real Estate: Green Street Advisors Issues Report on COVID-19
May 22, 2020

Green Street Advisors has released a new report titled U.S. Commercial Real Estate Cross-Sector Overview Amid Covid-19. The real estate advisory and research firm takes a look at which segments…

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Private Equity – Dyal Capital Partners Targets Stakes in NBA Teams
May 21, 2020

Barron’s is reporting that Dyal Capital Partners, a unit of Neuberger Berman, wants to raise $2 billion to buy minority interests of National Basketball Association teams. The NBA selected Dyal…

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Liquid Alternatives: Insurance-Linked Securities Attractive Amid Covid-19 Economy
May 21, 2020

S&P Global Ratings said in a recent report that the COVID-19 pandemic had “showcased” the value of publicly traded catastrophe bonds (cat bonds) to investors. The bonds formed a liquid…

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Artificial Intelligence: Microsoft’s Massive New Supercomputer for AI
May 21, 2020

In 2019, Microsoft (NASDAQ: MSFT) entered a multi-year partnership with OpenAI to build a platform that OpenAI will use to create new AI technologies and deliver on the promise of…

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FinTech: Saudi Fintech Geidea Launches Beta Testing of End-to-End Solutions for SMEs
May 21, 2020

Geidea achieved the distinction of being the first fintech company to obtain a payment license from the Saudi Arabian Monetary Authority. As a payments processor, it can now operate in…

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Venture Capital: Brex, the Credit Card Provider for Startups, Raises $150M
May 21, 2020

Brex, the fintech which sells credit cards to startups, eCommerce companies, and life sciences companies, raised $150 million from Lone Pine Capital and a group of existing investors led by…

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Venture Capital: British Startup Offers Travel Jaunts on the Never-Never
May 21, 2020

British fintech startup Fly No Pay Later’s innovative and quite literally “grab your bags and go” product allows travelers to pay for their trip over up to 12 months. Once…

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Private Equity: Apollo Buys Stake in Albertsons Companies
May 21, 2020

Apollo Global Management (NYSE: APO) announced certain affiliate-led funds drove the purchase of $1.75 billion of convertible preferred stock in Albertsons Companies. The target is one of the largest food…

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Digital Assets: Crypto Adoption Growing Apace – CoinPayments Ties Up with Shopify
May 21, 2020

Canadian e-commerce giant Shopify (NYSE: SHOP) has added another crypto payment processor to its retinue of digital platforms facilitating crypto payments. It entered a strategic partnership with CoinPayments, the world’s…

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