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Category: business – Page 126

Revolut founder Nik Storonsky hires CEO for his AI-powered VC firm

Revolut founder Nik Storonsky appears to have named the CEO of his AI-powered venture capital firm Quantum Light Capital.

Ilya Kondrashov, most recently the founder and advisor to Dubai-based family office Five8 Foundation, joined Quantum Light Capital as its chief executive this month, according to his LinkedIn profile.

Before Five8, Kondrashov held executive positions and founded small business credit startup MarketFinance, which was backed by banking giant Barclays and venture capital firm Northzone. On his Twitter page, he describes himself as an “entrepreneur and investor”, with interests in fintech, SaaS and Web3.

The Chinese Plan for the A.I. Revolution | Futuristic China | ENDEVR Documentary

Futuristic China | Business Documentary from 2018.

Hear from the leaders of Baidu, China’s equivalent to Google. The smart home is being advanced at Iflytech, robots for business use are developed at UBTECH, while Tiandi demonstrates their latest advances in surveillance technology.
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Enjoy stories about Innovators, Forward Thinkers, Technological Developments, Business Insights and more to come.

Mark Zuckerberg is dragging Meta to failure says Harvard expert

He also has advice on how to bring things back on track.

Bill George, a senior fellow at Harvard Business School, thinks that Mark Zuckerberg has “really lost his way” and is slowly dragging his company Meta to failure. George made these comments while speaking to CNBC

George, a former CEO at a medical technology company himself, has spent the last two decades of his life studying leadership failures in workplaces. His recent book is a compilation of his work, where he has found that bosses who lose sight of their values and purpose are doomed to fail.

Artificial Intelligence And The Future Of Marketing

Marketing is one of the areas of business operations where it is widely predicted that artificial intelligence (AI) will drive enormous change. In fact, a McKinsey study found that, along with sales, it is the single business function where it will have the most financial impact. This means that if you’re a marketer and you’re not using AI, you’re missing out on the benefits of what is possibly the most transformational technology.

Actually, though, the chances that there are people out there doing marketing today and not using AI in any shape or form is somewhat unlikely.

Artificial intelligence is currently transforming marketing. Here, we look at the most exciting opportunities when it comes to using AI in marketing and explore where they are already being tapped.

How AI content generators work

Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here.

Artificial intelligence (AI) has been steadily influencing business processes, automating repetitive and mundane tasks even for complex industries like construction and medicine.

While AI applications often work beneath the surface, AI-based content generators are front and center as businesses try to keep up with the increased demand for original content. However, creating content takes time, and producing high-quality material regularly can be difficult. For that reason, AI continues to find its way into creative business processes like content marketing to alleviate such problems.

Free Virtual Event!

Space is no longer a remote and special place – it is becoming a part of our life and economy.

In parallel with technological advances such as space travel, lunar exploration and next-generation spacecraft, the number of businesses that utilize space has grown. Space has become an indispensable part of our lives.

The Nikkei Virtual Global Forum “The Future of Space 2022” will explore the possibilities of space, from Earth’s orbit to the Moon, Mars and beyond, and the global benefits and impacts on the economy, business and society. We will also discuss such issues as international collaboration, sustainable space utilization and policy responses.

Using graph-powered analytics to keep track of ESG in the real world

Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here.

Editorial Disclosure: The author of this article has a business relationship with James Phare, CEO and founder of Neural Alpha.

What does sustainability actually mean for organizations? Can it be measured, and if yes, how so? Often, these are obvious questions with less-than-obvious answers, even for sustainability and environmental, social and governance (ESG) professionals like James Phare.

Why established and regulated industries are shifting to cloud services

Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here.

The last two years saw cloud technology heavily encouraged across almost every sector. For businesses wishing to thrive in the chaos of the pandemic, the move to cloud environments became a necessity amidst the shift to remote work and the frequent inability to access data centers.

As a result, more businesses than ever — including many in established industries such as manufacturing, retail and healthcare — have accelerated their adoption of cloud-first models and strategies. This approach is empowering these industries with more agility and efficiency in what has been a very uncertain time for the world and thus, for business.

Survival of the most informed: The journey to innovation begins with data

Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here.

While business transformation has always been critical to staying relevant and competitive, global disruptions brought on by the COVID-19 pandemic created an urgency to accelerate innovation to keep pace with market conditions and changes in customer demand. In fact, many digitally transformed companies have not only survived — they’ve thrived.

According to a 2021 McKinsey Survey, top-performing companies now obtain a larger share of their sales from products or services that didn’t exist just one year ago. These companies are making more aggressive plans to differentiate themselves with technology, and some are preparing to reinvent their value proposition altogether.

Robot Sales Hit Record High in North America for Third-Straight Quarter

This will create new types of jobs especially in software industries.

ANN ARBOR, Mich.—()—For the third-straight quarter, robot sales in North America hit a record high, driven by a resurgence in sales to automotive companies and an ongoing need to manage increasing demand to automate logistics for e-commerce. According to the Association for Advancing Automation, of the 12,305 robots sold in Q2 2022, 59% of the orders came from the automotive industry with the remaining orders from non-automotive companies largely in the food & consumer goods industry, which saw a 13% increase in unit orders over the same period, April through June, in 2021.

Robot sales hit new record in North America for 3rd straight quarter: Includes renewed surge in #automotive and continued uptake of #robotics and #automation in food and consumer goods industries driven by #ecommerce, industry group @a3automate reports. Tweet this

“While automotive entities have long been the frontrunner in deploying robotics and automation, the last few years have seen food & consumer goods, life sciences and other industries grow at even higher rates,” said A3 President Jeff Burnstein. “While this quarter shows a marked shift back to historic norms with more robots going to automotive than to any other industry, the continued growth of robotics in food & consumer goods companies especially demonstrates the ongoing need to automate warehouse logistics for handling the exploding growth of e-commerce. We’re excited to share the latest on robots in the logistics space at our upcoming Autonomous Mobile Robots & Logistics Week in Boston in October.”

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