Archive for the ‘finance’ category: Page 115
Dec 27, 2016
Artificial Intelligence Replacing Management at World’s Largest Hedge Fund
Posted by Zoltan Istvan in categories: employment, finance, robotics/AI, transhumanism
New story by The Anti-Media on #AI via Jake Anderson: http://theantimedia.org/artificial-intelligence-management-hedge-fund/ #transhumanism
Humans should get used to jobs disappearing.
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Dec 25, 2016
Russia offers technology to keep hackers at bay
Posted by Karen Hurst in categories: cybercrime/malcode, encryption, finance, government, neuroscience, quantum physics
Russian Quantum Center (RQC) said that it is ready to collaborate with India and offer its quantum technology that will prevent hackers from breaking into bank accounts. RQC plans to offer ‘quantum cryptography’ that could propel India to the forefront of hack proof communication in sectors such as banking and national and homeland security.
“We are ready to work with Indian colleagues. It (the technology) can’t be bought from the United States as it deals with the government and security,” said Ruslan Yunusov, chief executive at RQC, in an interview.
Established by Russia’s largest global technology hub, Skolkovo in 2010, RQC conducts scientific research that could lead to a new class of technologies. These include developing ‘unbreakable cryptography’ for the banks and the government organisations. It also involves research in areas such as materials with superior properties and new systems for ultrasensitive imaging of the brain. The research is mostly funded by the government money.
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Dec 22, 2016
World’s largest hedge fund to replace managers with artificial intelligence
Posted by Zoltan Istvan in categories: finance, robotics/AI, transhumanism
“Bankers will become dinosaurs.” #AI article from The Guardian. https://www.theguardian.com/technology/2016/dec/22/bridgewat…management #Transhumanism
The company is already highly data-driven, with meetings recorded and staff asked to grade each other throughout the day using a ratings system called “dots”. The Systematized Intelligence Lab has built a tool that incorporates these ratings into “Baseball Cards” that show employees’ strengths and weaknesses. Another app, dubbed The Contract, gets staff to set goals they want to achieve and then tracks how effectively they follow through.
These tools are early applications of PriOS, the over-arching management software that Dalio wants to make three-quarters of all management decisions within five years. The kinds of decisions PriOS could make include finding the right staff for particular job openings and ranking opposing perspectives from multiple team members when there’s a disagreement about how to proceed.
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Dec 18, 2016
Bitcoin Arbitrage: Can you profit?
Posted by Philip Raymond in categories: bitcoin, cryptocurrencies, economics, finance, internet
At Quora, I occasionally play, “Ask the expert”. Today, I was asked if the difference between quotes at various Bitcoin exchanges presents a profit opportunity.
In addition to my answer, one other cryptocurrency enthusiast offered pithy, one-line response: He said “Buy local, sell internationally and pocket the difference!” I tend to believe the opposite is more likely to generate profit: Buy internationally and sell locally. But, I am getting ahead of myself. Here is my answer [co-published at Quora]…
Question:
A Bitcoin exchange in my country quotes a different rate than
international markets. Can I profit from the price difference?
Answer:
Buying and selling a commodity with the intention of profiting from the difference in price in various markets, regions or exchanges is called arbitrage. Typically, the item must be widely traded and fungible. Although it can be a tangible item (one that must be delivered or stored, like gold, oil, frozen orange juice or soy beans), arbitrage is more practical when applied to an ‘item of account’, such as foreign currency, equity shares, stock futures, or Bitcoin.
Dec 15, 2016
MSFT Stock: Is This Microsoft Corporation’s (MSFT) Next Big Play?
Posted by Karen Hurst in categories: finance, robotics/AI, supercomputing
Nice write up and references the Cognitive Toolkit that was leveraged on Skype, Xbox, etc. Also, a nice plug on the QC work.
“Only Cray can bring the combination of supercomputing technologies, supercomputing best practices, and expertise in performance optimization to scale deep learning problems,” said Dr. Mark S. Staveley, Cray’s director of deep learning and machine learning. “We are working to unlock possibilities around new approaches and model sizes, turning the dreams and theories of scientists into something real that they can explore. Our collaboration with Microsoft and CSCS is a game changer for what can be accomplished using deep learning.”
Also Read: Ignore The Financials, MSFT Stock Is Headed Higher : Microsoft Corporation (NASDAQ: MSFT)
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Dec 14, 2016
CellAge: Senescent Cell Targeting Technology Video
Posted by Steve Hill in categories: bioengineering, biotech/medical, finance, genetics, health, life extension
Synthetic biology meets senolytics at Lifespan.io
We are developing tools to help researchers accurately target and remove dysfunctional cells in the body that have entered a state called “senescence”, and thereby assist in restoring it to youthful functionality. Please subscribe, share, and fund our campaign today! ►Campaign Link: https://www.lifespan.io/campaigns/cellage-targeting-senescen…c-biology/ ►Subscribe: https://www.youtube.com/user/LifespanIO?sub_confirmation=1
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Dec 14, 2016
CellAge: Dr. Aubrey de Grey Endorsement Video
Posted by Steve Hill in categories: bioengineering, biotech/medical, finance, genetics, health, life extension
Dr. Aubrey de Grey from the SENS Research Foundation was kind enough to talk in support of CellAge and their campaign on Lifespan.io
We are developing tools to help researchers accurately target and remove dysfunctional cells in the body that have entered a state called “senescence”, and thereby assist in restoring it to youthful functionality. Please subscribe, share, and fund our campaign today! ►Campaign Link: https://www.lifespan.io/campaigns/cellage-targeting-senescen…c-biology/ ►Subscribe: https://www.youtube.com/user/LifespanIO?sub_confirmation=1
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Dec 10, 2016
Quantum leaps needed for new computer approach
Posted by Karen Hurst in categories: computing, finance, government, military, quantum physics
Glad that the author is highlighting the need for investment; however, the US government has had a quantum network since 1991. Wall Street, various overseas banks, ISPs, etc. well over a year to 2 years ago. And, tech has invested in QC for a decade or longer. So, the article raises the need for investing in QC; however, the investing is no longer experimental as it is now about the daily usage of this technology as well as planning for technical transformation that is coming in the next 5 to 7 years.
Researchers led by Lockheed Martin and IBM are pushing quantum computing prototypes and military applications.
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Dec 8, 2016
Nanotero raises another $21 million to commercialize nanotube memory
Posted by Klaus Baldauf in categories: computing, finance, nanotechnology
Nantero Inc., the nanotechnology company developing next-generation memory using carbon nanotubes, today announced the closing of an over $21 million financing round. The lead investor in the round was Globespan Capital Partners and also included participation from both new and existing strategic and financial investors. Nantero currently has more than a dozen partners and customers in the consumer electronics, enterprise systems, and semiconductor industries actively working on NRAM®. The new funding will enable the company to support these partners in bringing multiple products into the market, while also enabling new customers to begin development. This financing round brings the total invested in Nantero to date to over $110 million.
“This round enables Nantero to accelerate its pace in product development, especially of its multi-gigabyte DDR4-compatible memory product,” said David Poltack, Managing Director, Globespan Capital Partners. “Nantero has multiple industry-leading customers who would like to receive NRAM even sooner. The fact that several of these customers, as well as key partners in the ecosystem, have decided to also invest in Nantero is a strong sign of confidence given how well they know Nantero and its product from years of working together.”
“The customer traction we’ve achieved at Nantero has been overwhelming, as evidenced by our recent announcement that NRAM had been selected by both Fujitsu Semiconductor and Mie Fujitsu Semiconductor,” said Greg Schmergel, Co-Founder & CEO of Nantero. “With this additional funding, we will be able to help these existing customers speed their time to market while also supporting the many other companies that have approached us about using Nantero NRAM in their next generation products.”
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