Types of investments
Morgan Stanley Investment Management (MSIM) has launched its ETF platform with six Calvert ETFs listed on NYSE Arca. The ETFs feature Calvert’s responsible investing approach and offer access to four indexed and two active ESG strategies across asset classes.
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
Atomic AI, a biotechnology company, has developed a proprietary, AI-driven ‘Platform for AI-driven RNA Structure Exploration’ (PARSE). PARSE is a 3D RNA structure discovery engine that can vastly improve RNA structure prediction and develop a new generation of RNA-targeting medicines to tackle diseases that were previously untreatable. The company came out of stealth with a $35 million Series A round led by Playground Global, with participation from 8VC, Factory HQ, Greylock, NotBoring, AME Cloud Ventures, and renowned angel investors including GitHub ex-CEO Nat Friedman, Doug Mohr, Curai CEO Neal Khosla, and UC Berkeley professor and Arc Institute Co-founder Patrick Hsu.
Panagram Structured Asset Management, a subsidiary of Eldridge, has launched its first ETF, the Panagram BBB-B CLO ETF (NYSEARCA: CLOZ).
Sequoia Capital’s regional arm in South and Southeast Asia is considering special audits for several investments in the region following allegations of financial irregularities at companies such as Zilingo Pte and GoMechanic. This was reported by Bloomberg, which quoted unnamed, confidential sources.
New York-based fintech startup Wahed, which is backed by oil giant Saudi Aramco (TADAWUL: 2222) and French soccer player Paul Pogba, has opened a physical branch in London, UK to target the country’s 3.9 million Muslims with sharia-compliant investment management and advice services.
Deloitte and Marqeta (NASDAQ: MQ), a global modern card issuing platform, have formed a strategic alliance to provide innovative payment solutions and accelerate the payment modernization efforts of banks, fintechs, and payments providers.
Amazon (NASDAQ: AMZN) and Stripe have announced an expanded global partnership that will see the two companies deepen their long-standing relationship.
Microsoft (NASDAQ: MSFT) and OpenAI have announced the third phase of their long-term partnership, involving a multiyear, multibillion-dollar investment to accelerate AI breakthroughs and ensure they are widely shared with the world.
Artificial Intelligence: A Spindly Farming Robot Scouts Farming Fields For Pests, Weeds, And Disease
The SentiV scouting robot, a prototype spoke-wheeled plant nurse, is being developed to inspect acres of row crops for disease, pests, and other issues.
Sublime Systems, a developer of technology for decarbonized cement production, announced the closure of a $40 million Series A funding round led by Lowercarbon Capital and featuring participation from existing investors like The Engine and Energy Impact Partners. Siam Cement Group, the largest cement producer in Southeast Asia, is also joining as a strategic investor.
Two of the largest banks catering to cryptocurrency companies, Signature Bank (NASDAQ: SBNY) and Silvergate Capital Corp, (NYSE: SI) have taken loans of billions of dollars from Federal Home Loan Banks to stem a flood of customer withdrawals.
Walmart (NYSE: WMT) has announced the launch of Walmart Business, an eCommerce site and customer experience designed specifically for small and medium businesses (SMBs) and nonprofits. The company has been working with SMBs and nonprofits to develop solutions that will help them run smoother, stay in control and in stock, and create efficiencies to operate and grow.
Putnam Investments has launched five new transparent, actively managed exchange-traded funds (ETFs) that begin trading on the New York Stock Exchange. These new ETFs nearly double the firm’s range of actively managed ETF products.
Artificial Intelligence: An Investigation By Times Reveals The Dark Side Of Training Chatbots On Offensive Content
A recent investigation by Time has brought to light some questionable practices used by AI chatbot startup OpenAI, which is backed by Microsoft, to improve its technology. The report focuses on OpenAI’s ChatGPT chatbot, which has recently gained attention for its ability to produce highly natural conversational text.
FBI Director Christopher Wray expressed concern about China’s artificial intelligence program during a panel session at the World Economic Forum, stating that it is “not constrained by the rule of law” and built on stolen intellectual property and data.
The National Australia Bank (NAB) (ASX: NAB) plans to launch a stablecoin, called AUDN, that will be pegged to the Australian dollar and will be on the Ethereum network.
Digital Assets: N26 Crypto, A New Product From Mobile Bank N26, Launches In Germany, Switzerland, Belgium, Portugal, and Ireland
Mobile bank N26 has expanded the availability of its cryptocurrency trading service, N26 Crypto, to customers in Germany, Switzerland, Belgium, Portugal and Ireland.
Genesis Global Trading, a subsidiary of Barry Silbert’s Digital Currency Group (DCG), filed for Chapter 11 bankruptcy in the Southern District of New York court.
Switzerland-based startup ClearSpace is working on technology for space debris removal and has recently raised €26.7m in a Series A round to accelerate the launch of the world’s first-ever space mission to remove a moving, non-cooperative object from orbit.
Playter, a provider of B2B Buy-Now-Pay-Later for small and medium-sized businesses in the UK, has introduced a new credit offering called “Paid.” The company’s mission is to help SMEs release cash flow for growth and investment by offering flexible financing options.
Satya Nadella, CEO of Microsoft (NASDAQ: MSFT), stated at the WEF that the world is entering a golden age of artificial intelligence (AI) driven by recent breakthroughs in GPT models. Products like ChatGPT, a cutting-edge chatbot that can answer complex questions and even write poetry, are capturing the world’s attention and generating excitement.
Artificial Intelligence: Detroit Brewery Uses ChatGPT To Create A Recipe For Its “Artificial Intelligence IPA” Beer
Atwater Brewery in Detroit has created a new beer called Artificial Intelligence IPA, which was formulated using a recipe generated by the chatbot, ChatGPT.
BNPL fintech Tabby is active in Saudi Arabia, UAE, Egypt and Kuwait. Tabby, a leading BNPL shopping and financial services app in the MENA region, has raised $58 million in a Series C round led by Sequoia Capital India and including STV, PayPal Ventures, Mubadala Investment Capital, Arbor Ventures, and Endeavor Catalyst. The funding values…
Sequoia Capital, the storied venture capital firm, has announced a new $195 million seed fund and plans to run three batches of its accelerator program, Arc, in 2023, up from two in the previous year. Despite fewer companies starting up, Sequoia believes that now is a good time to invest in seed stage companies, as they are more insulated from the effects of the public market, which is passing through a period of tumult.