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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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Alternative Investments: Ares Capital Pens Shareholder Letter on Coronavirus
March 24, 2020

Specialty finance lender Ares Capital (NYSE: ARCC) sent a letter to its shareholders. The letter aims to calm fears about the impact of the coronavirus. The Business Development Company’s (BDC)…

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Digital Assets: SEC Busts Crypto Scam That Promised 224,923% Return
March 24, 2020

The SEC has put a stop to an audacious crypto con scheme that raised $4.3 million from around 150 investors, both in the U.S. and abroad. It alleged that former…

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Hedge Funds: Third Point Facing Rough Start to 2020
March 24, 2020

While the main fund is down 13.5%, the listed shares that trade over the counter in the United States are currently down around 30% year to date as investors have…

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Real Estate: iBuyer Zillow Freezes Home Buying; Expert Warns of Housing Market Shutdown
March 24, 2020

A LendingTree economist says the virus will bring the U.S. housing market to a halt. Further, Zillow Group (NASDAQ: ZG) announced Monday it will pause home buying in all 24…

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FinTech: Nucleus Financial Group Postpones 2019 Annual Results on FCA Covid-19 Guidance
March 24, 2020

Nucleus Financial Group (LON: NUC), a fintech that helps clients and advisers manage investments on a single platform, has put off the announcement of its annual results for 2019 planned…

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Artificial Intelligence: An AI Bot Will Design the Next-Gen AI Chips
March 24, 2020

Chips specifically designed for artificial intelligence applications are very time-intensive to design and develop. Unfortunately, by the time these chips are ready for use, machine learning algorithms have moved on,…

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Liquid Alternatives: The Fed’s “All-it-Takes” Stimulus Includes Purchase of Bond ETFs
March 24, 2020

In a move aimed at ensuring liquidity in the bond market and related ETFs, for the first time, the U.S. Fed will purchase corporate bond ETFs. The Fed’s new facilities…

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Private Equity: The State of the PE Industry and Coronavirus
March 23, 2020

McKinsey and Company just published guidance for the private equity industry. In the paper titled “Private Equity and the New Reality of Coronavirus.” They suggest that “private equity (PE) firms…

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Fintech: iCapital Network Announces $146 Million Funding Round
March 23, 2020

Financial technology platform company iCapital Network announced today that they had closed a $146 million financing round. The iCapital platform helps advisors that need easy to use technology-enabled investment processes…

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Digital Assets: New Jersey’s Proposed Regulation of Cryptos Referred to Committee
March 23, 2020

New Jersey Assemblywoman Yvonne Lopez introduced the “Digital Asset and Blockchain Technology Act” in the New Jersey General Assembly in February 2020. The Assembly’s Financial Institutions and Insurance Committee will…

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