Investments
Types of investments
Top Story
Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while the ROCm 6 open software stack introduces new features supporting Large Language Models (LLMs). Additionally, the Ryzen 8040 Series processors come equipped with Ryzen AI capabilities.
Get Daily Updates
Subscribe to DailyAlts Today to get Alternative Investment news, insight, and commentary delivered straight to your inbox every day.
More Stories on Investments
Alternative Investments/ESG: How To See Through The “Ethical Veneer” (Bancroft Wealth)
Keir Ashman, pensions and investments specialist at Bancroft Wealth, points to the increasing demand for sustainable investments and says investors should be discerning in the choices if they want both return on investment (ROI) and return on principles (ROP).
Venture Capital: Apple Invites Applications From Black Founders and Developers For Its Entrepreneur Camp
In a notice on Monday, Apple (NASDAQ: AAPL) said applications were open from Black founders and developers for its Apple Entrepreneur Camp to be held online from February 16-25, 2021.
Digital Assets: Feminist Anti-Police Movement In Nigeria Uses Bitcoin For Funding
The Feminist Coalition Group is a group of Nigerian women working towards the aim of feminine equality in terms of rights, finances, and political and legislative power. The movement has got involved in the #EndSARS protest movement by Nigerians. After the Nigerian government blocked its bank accounts the Group has turned to bitcoin as a means to raise funds for its activities.
Artificial Intelligence: Aiden, The AI-Powered Electronic Trading Platform From RBC
RBC Capital Markets has leveraged Artificial Intelligence (AI) to achieve improved trading results and insights for its clients. Aiden, RBC’s electronic trading platform uses a deep neural network, centralized learning, a robust reward system, and exploration as the four key components in its global framework. The platform can learn from its interactions with the market and adjusts itself on the fly to fast-changing trading conditions.
Artificial Intelligence: Use Of AI To Monitor Construction Progress
Buildots launched in 2018 to turn construction sites into digitized environments using computer vision and artificial intelligence (AI). Projects are ever-expanding and often are controlled by just a handful of managers. A small error or delay can jeopardize the critical path for the project to complete on time and within cost. However, Buildots’ technology can help manage all that complexity and detail.
Digital Assets: High Inflation And Plunging Lira Push Bitcoin Adoption In Turkey
New registrations on the P2P bitcoin marketplace Paxful’s platform in Turkey have surged 274% over the past year. Given Turkey’s prevailing hyper-inflation and its fast weakening currency, Paxful is confident that crypto adoption will make massive strides in the country.
FinTech: Ant Group Gets China’s Go-Ahead For Mammoth IPO in Hong Kong
The China Securities Regulatory Commission has cleared the Ant Group’s listing in Hong Kong of what may be the world’s largest-ever initial public offering (IPO). Ant can now go ahead and request a listing hearing with the Hong Kong Exchanges and Clearing Ltd.
Liquid Alternatives: Because Bonds No Longer Diversify Or Pay A Yield
Matthew Yeates, Head of Alternatives and Quantitative Strategy at 7IM, recalls how he watched government bonds falling in value alongside equities during the March sell-off. This was not the way a traditionally balanced portfolio was meant to work.
Venture Capital: Venture Capitalists Enjoy Solid Response To New Funds
Former executives-turned-venture capitalists are doing rather well, thank you. Lee Fixel, previously of Tiger Global Management, has just wrapped up a $1.4 billion fund, close on the heels of his first fund which closed less than four months ago. (FT) That fund was a monumental success too and nabbed $1.3 billion in June for Addition, Fixel’s VC vehicle.
Alternative Investments/ESG: A New UK Sustainable Equity UCITS ETF From HSBC
HSBC Global Asset Management launched earlier this month the HSBC UK Sustainable Equity UCITS ETF. Trading on the London Stock Exchange, the ETF is an extension of HSBC GAM’s range of sustainable ETFs. With a total expense ratio of just 0.12%, the ETF offers a highly cost-efficient solution to invest in UK equities with a sustainable slant.
FinTech: Stripe Buys Nigerian Payments Processor Paystack For $200M
Stripe, the fintech and payments processing giant last valued at $36 billion, has snapped up Paystack, the Nigeria-based international payments processor for a reported $200 million.
Artificial Intelligence: Singapore Researchers Develop Robots That Feel Pain And Heal Themselves Using AI
The NTU scientists innovated memtransistors, which are “brain-like” electronic devices that can process information and are capable of memory functions. They embedded these memtransistors, which function as artificial pain receptors and synapses, into AI-enabled sensor nodes in the robot. These nodes can process and respond to “pain” caused by impact from a physical force. In case of a minor injury, the robot can also repair its damage without human assistance.
Digital Assets: Crypto exchange OKEx Halts Withdrawals Following Investigation By Chinese Police
OKEx, one of the world’s largest cryptocurrency trading platforms, suspended withdrawals after the Chinese police launched an investigation that linked to the exchange.
Venture Capital: Whisper gets $50M For Its AI-Powered Hearing Aids
San Francisco-based Whisper, which launched in 2017, announced Thursday its Whisper Hearing System. The company simultaneously announced the successful close of its $ 35 million Series B which was led by Quiet Capital and received participation from Sequoia Capital, First Round Capital, and IVP.
Liquid Alternatives: The Wilshire Liquid Alternative Index Declines 0.73% in September
The Wilshire Liquid Alternative Index was down 0.73% in September. The index provides a representative baseline for the performance of the broader liquid alts space. This figure fell short of the -0.17% return from the HFRX Global Hedge Fund Index in the month of September.
Artificial Intelligence: FireCompass Launches AI-Powered Red Teaming Platform To Counter Hackers
FireCompass Technologies, a Bangalore headquartered technology company, launched today its new artificial intelligence-powered Continuous Automated Red Teaming (CART) platform named FireCompass.
FinTech: PayPal Challenges Klarna In U.K. BNPL Tussle
Fresh from its “Pay in 4” launch in the U.S. last month, payments behemoth PayPal (NASDAQ: PYPL) ratcheted up the ante in the BNPL wars with its launch Wednesday of a “Pay in 3” offer in the Buy-Now-Pay-Later (BNPL) category in the U.K.
Venture Capital: Driscoll’s, Of Strawberries Fame, And SoftBank Invest In Vertical Farmer Plenty
Plenty builds indoor vertical farms that create the optimum environment for food plants and reduce the vagaries from changing weather and climate conditions. The startup announced Wednesday its Series D raise of $140 million led by existing investor Softbank Vision Fund 1 and including new investor Driscoll’s, the world’s leader in fresh berries.
Digital Assets: Grayscale Reports A Blow-Out Third Quarter; Nabs $1.05B Inflows
Grayscale Investments, the largest asset manager of digital currencies in the world, said it gained $1.05 billion of inflows into its digital investment products during the third quarter of 2020. It was the biggest quarterly inflow in the firm’s history.
Liquid Alternatives: Investors May Cold-Shoulder Bonds In “Great Rebalancing” (HSBC)
HSBC Global Asset Management’s latest quarterly outlook report suggests that investors should brace for a prolonged phase of low output ahead amidst a continuing COVID situation, high unemployment, and elevated savings. HSBC Chief Global Strategist Joe Little says that low bond yields may be around for a while given current macroeconomic trends, and that core bonds as an asset class may be a spent force.
FinTech: Mining Giant Rio Tinto Ties With Chinsay To Digitize Commodity Contracts
Rio Tinto Limited (ASX: RIO) has picked Chinsay, a firm specializing in the automation of systems for the commodities and freight markets, for digitizing its commercial contracting process. Rio Tinto will use Chinsay’s ICP to leverage blockchain technology and digitize the process from issue of a contract through to its completion.
Digital Assets: “Bitcoin Is An Uncorrelated Asset,” Says Fidelity Report
A new report from Fidelity Digital Assets titled “Bitcoin Investment Thesis – Bitcoin’s Role As an Alternative Investment,” finds that the cryptocurrency has a very low correlation with mainstream assets such as stocks or gold.
Venture Capital: Razorpay Is India’s Latest Unicorn
Razorpay, which enables businesses in India to accept, process, and disburse payments with its product suite, has achieved the hallowed unicorn status. The fintech raised $100 million in a Series D funding round led by Singapore sovereign wealth fund GIC and Sequoia with participation from previous investors Ribbit Capital, Tiger Global, Y-Combinator, and Matrix Partners.
Artificial Intelligence: Agroknow’s AI-Powered Platform Flags Food Safety Risks
As a company, it may be crucial to monitor and minimize food safety risks in your supply chain. Agroknow, a specialist in the analysis of food and agricultural data over the past 12 years, has created FOODAKAI, a platform that helps the food industry safe from potential hazards in raw materials, ingredients and products.