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/Hedge Funds: Ex-Bridgewater Executive Launches Unlimited – A Hedge Fund Tracking ETF
Unlimited, a new investment firm purpose-built to give all investors exposure to the alpha-generating potential of alternative investment strategies without the high fees and adverse tax implication, has been launched by Bob Elliott, former member of the Investment Committee at Bridgewater Associates. The firm has debuted the Unlimited HFND Multi-Strategy Return Tracker ETF (NYSE: HFND), an actively managed fund which uses a sophisticated machine learning engine to track the gross-of-fees returns across several hedge fund indices.
Venture Capital: Brookfield To Invest $500M In New Plants Based On Carbon Recycler LanzaTech’s Technology
LanzaTech, a carbon recycling startup that transforms waste carbon into materials such as sustainable fuels, fabrics, packaging, and other products that people use in their daily lives, has entered a $500 million funding partnership with Brookfield Renewable and its institutional partners.
Alternative Investments/ESG: Two New ESG-Focused ETFs From OneAscent
OneAscent promotes investments that make a positive impact and bless humanity through values-based investing. The asset manager has launched the OneAscent International Equity ETF (OAIM US) and OneAscent Emerging Markets ETF (OAEM US), both listed on NYSE Arca, and coming to market with $50 million and $20m in initial assets, respectively. The funds target companies making a positive impact on society.
Artificial Intelligence: Israeli Startup Arugga Is Looking To Disrupt Bumblebees
Arugga, an Israel-based startup, has begun commercial marketing of Polly, an AI robot that can mimic the buzzing of a bumblebee. The vibrations from the robot shake the pollen from the flowers of a plant, for example tomato, and fertilize them so they can produce fruit. According to the company, Polly can replace the pollinating function of bumblebees that is so vital for crops such as tomatoes, blueberries, potatoes and others. These are typically crops which contain both male and female parts.
Artificial Intelligence: AI And Satellite Data Help Spot Areas Where People May Be Trapped After A Hurricane
Researchers at the University of Connecticut have developed a new method that uses satellite images from before the storm and real-time images from four satellite sensors, together with artificial intelligence, to create a disaster monitoring system. The system is detailed enough to spot damage up to a resolution of 30 meters, as well as update the status continuously.
Venture Capital: Nested Therapeutics Raises $90M Series ‘A’ Led By Goldman Sachs Asset Management
Nested Therapeutics, which is building a next-generation precision medicine platform for hard-to-treat cancers, announced its emergence from stealth with a $90 million Series A round led by Goldman Sachs Asset Management with participation from Foresite Capital, Cowen Healthcare Investments, Section 32, and Avidity Partners. Nested was founded by Versant Ventures.
FinTech: Visa And Global Crypto Exchange FTX Tie Up For FTX-Branded Debit Cards
Sam Bankman-Fried owned FTX has struck a long term global partnership with Visa (NYSE: V) that will kick off with the issue of FTX-branded Visa debit cards to FTX customers internationally—with a focus on countries in Latin America, Europe and Asia in the initial phases of the rollout.
Digital Assets: Hacker Steals $570M Of The Binance BNB Token By Exploiting Cross-Chain Bridge Linking
A hacker has forced crypto exchange Binance to temporarily suspend its BNB Chain blockchain after they looted $570 million worth of its BNB token by targeting a cross-chain bridge linking with it. A vulnerability allowed them to move the BNB tokens off the network. Binance is the world’s largest crypto exchange by trading volume.
Artificial Intelligence: Microsoft Open Sources Its FarmVibes AI Toolkit To Advance Data-Driven Agriculture
Effective October 6, Microsoft (NASDAQ: MSFT) will open source the AI tools in its Project FarmVibes suite of farming technologies. The software giant is hoping that researchers and data scientists can build upon them to turn agricultural data into action that can help boost yields and cut costs. Pictured above is Andrew Nelson, a farmer in eastern Washington who uses drone and satellite imagery, and other AI tools from FarmVibe, to gather actionable data on his farm.
Alternative Investments: Want To Bet Against Jim Cramer? An ETF For That On The Way
Tuttle Capital Management will soon launch the Long Cramer ETF (LJIM) and the Inverse Cramer ETF (SJIM), according to a Wednesday filing with the SEC. These ETFs will allow investors to take a long or short position respectively with reference to the stock picks proposed by popular television star Jim Cramer. Cramer is the host of the famous Mad Money weeknight show on CNBC, which reportedly had a viewership base of 150K round the year.
Venture Capital: CyberSecurity Companies Arctic Wolf And NetSPI Rake In The Big Bucks
Two big fund rounds, both in excess of $400 million, showed investors’ willingness to back cybersecurity startups despite the dismal conditions in financial markets. While KKR invested $410 million in NetSPI, Arctic Wolf got a $401 million infusion through convertible notes.
FinTech/AI: Walmart Acquires Alert Innovation, A Retail-Focused Robotics Automation Company
Walmart (NYSE: WMT) announced its acquisition of Alert Innovation, a robotics automation company that develops material-handling technology for automating order fulfillment in retail supply chains. Walmart’s particular focus is on market fulfillment centers, or MFCs – it wants to reach customers quicker by deploying MFCs with greater speed, providing both an unmatched shopping experience and a competitive advantage in omni-channel fulfillment. Walmart has been working with Alert to customize technology for its MFCs since 2016, and in 2019, began piloting its first MFC in Salem, New Hampshire, using bot technology from Alert specifically built for the retail giant.
Digital Assets: SWIFT Experiments Show CBDCs, Digital Assets Can Move Cross-Border On Existing Financial Infrastructure
SWIFT conducted two separate experiments to assess interoperability in cross-border transactions between traditional payment systems, Central Bank Digital Currencies (CBDCs), and tokenised assets. SWIFT found that fiat money, CBDCs and digital assets could seamlessly be moved across the existing global financial infrastructure.
Artificial Intelligence: Google Announces Imagen, Its Text-To-Video Tool
Google has announced Imagen Video, an AI video generator that can create 1280×768 HD video at 24 fps from written text. Though it’s still in research mode, it seems to be a quick riposte to Meta’s recently unveiled text-to-video AI tool, Make-A-Video. It also comes within six months of OpenAi’s DALLE-2 text-to-image generator.
Alternative Investments/Digital: Fidelity Launches Ethereum Index Fund For Accredited Investors
The fund (not an ETF) has already amassed $5 million in assets. Fidelity Investments, the multi-trillion dollar asset manager, is launching the Fidelity Ethereum Index Fund, according to an Oct. 4 filing with the Securities and Exchange Commission. It will provide investors with exposure to ETH, or the Ether cryptocurrency. The new fund is housed…
Digital Assets: NYDIG Builds On Solid Q3 With $720M Raise, And C-Suite Rejig
Bitcoin company NYDIG on Monday announced top-level changes, promoting executives Tejas Shah and Nate Conrad to the roles of CEO and President, respectively. Shah and Conrad were previously NYDIG’s Global Head of Institutional Finance and Global Head of Payments, respectively. Prior to joining NYDIG in 2020, Shah had a nearly 20-year career at Goldman Sachs where he was a partner. Conrad joined Stone Ridge in 2016 and NYDIG in 2020, after also beginning his career at Goldman Sachs.
Venture Capital: French Cultivated Meat Startup Gourmey Lands €48M For Foie Gras Facility
Paris-based cultivated foie gras startup Gourmey raised 48 million euros ($48 million) to construct a 46,000-square-foot plant to produce lab-grown foie gras, and later for the production of other kinds of cultivated poultry meat. Earlybird Venture Capital led the round which also saw participation by Keen Venture Partners, Omnes, Discovery Ventures, Thia Ventures, Future Five, and Fidji Simo.
FinTech: U.S. Bank Launches Cash Flow Projection Tool For SMBs
A new online banking tool from U.S. Bank (NYSE: USB) will enable small businesses to forecast their cash flows for the next 90 days, as well as get a 90-day historical view. Businesses can even use both internal and external data sources to gain more comprehensive cash flow insights, said a statement from U.S. Bank.
Alternative Investments/Digital: Bitwise Asset Management Launches Web3 ETF
Bitwise Asset Management, the world’s leading crypto index fund manager with more than $1.3 billion in assets under management, has launched the Bitwise Web3 ETF (ticker: BWEB). The ETF will provide investors with exposure to companies that will ride the coming boom from Web3 – the third stage of the evolution of the internet.
Artificial Intelligence: The White House Issues A 5-Point ‘AI Bill Of Rights’
The White House Office of Science and Technology Policy on Tuesday issued guidelines titled “Blueprint for An AI Bill of Rights” meant to protect all people from threats including limiting their access to equal opportunity; prevent access to critical resources or services; and undermining their privacy, or tracking their activities.
FinTech: Mastercard Brings New Benefits To Small Business Cardholders
Mastercard (NYSE: MA) has announced a slew of new and expanded benefits for its small business cardholders through partnerships and tieups including Adobe, McAfee, Priority Pass, ShopRunner, Stride and Uber. The card giant intends to provide efficiency and creativity to daily operations as well as fortify businesses’ online and security infrastructure.
Artificial Intelligence: The UK’s National Robotarium Teams With Scottish Fire To Create AI-Powered Fire-Fighting Helmet
The National Robotarium and Scottish Fire and Rescue Service have conducted trials on a helmet that incorporates AI technology to help firefighters quickly map their surroundings, navigate hazardous environments and efficiently locate fire-scene victims. The announcement of the innovative helmet came simultaneously with the opening of the National Robotarium on September 28.
Alternative Investments/ESG: BNP Paribas Launches Biodiversity Focused ETF In Europe
The BNP Paribas Easy ESG Eurozone Biodiversity Leaders PAB UCITS ETF, which offers investors exposure to companies with a lower potential impact on biodiversity than their peers, listed since 29 September on Euronext Paris and Deutsche Börse Xetra exchanges.
Alternative Investments/ESG: New CSOP ETF Listing On SGX Invests In Low Carbon Companies In The APAC Region
CSOP Asset Management has listed the CSOP CGS-CIMB FTSE Asia Pacific Low Carbon Index ETF on the SGX. The ETF is tradable in both SGD and USD currencies and offers investors the opportunities presented by low carbon transition in the APAC region with excellent diversification and tradability at a minimal investment of only USD 1.