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☆ ‘This is a unique time’: ARK Invest’s chief futurist tackles tech innovation from AI to robotics
▼ + stars: | 2024-04-27 | by ( Meredith Mutter | ) www.cnbc.com time to read: +1 min

ARK Invest's chief futurist lists five groups that should give tech investors an edge. "We believe that this is a unique time in technological economic history," he told CNBC's "ETF Edge" this week. Winton collaborates with ARK Invest CEO Cathie Wood to maintain the ARK Venture Fund (ARKVX), which allows investors to buy into the private technology space. "That's a real challenge a lot of public market investors don't have that long-term view," Winton added. The ARK Venture Fund is down more than 7% so far this year.

Persons: ARK, Brett Winton, CNBC's, Winton, Cathie Wood Organizations: ARK, ARK Venture, Epic, Therapeutics

☆ Why ARK Invest thinks it’s an 'amazing time' to invest in cutting-edge tech
▼ + stars: | 2024-04-25 | by ( Emily Glass | ) www.cnbc.com time to read: +1 min

ARK Invest is betting big on private tech companies. "It's an amazing time to invest in innovation," the firm's chief futurist, Brett Winton, told CNBC's "ETF Edge" this week. Winton worked with the ARK Invest team to create the ARK Venture Fund (ARKVX), a closed end interval fund, in September 2022. Closed-end interval funds allow investors to invest in private companies at their net asset value at any time, regardless of market volatility. As of Thursday's close, the ARK Venture Fund was up 29% since its inception date.

Persons: Brett Winton, CNBC's, Winton, ARK, … Organizations: Invest, ARK Invest, ARK Venture, Games, SpaceX

☆ Demand for private companies is high, but getting your hands on them is a big problem
▼ + stars: | 2024-04-22 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

If you have your heart set on investing in up-and-coming private companies, options exist, but are limited. Obviously, there is a strong desire to get into hot private market tech companies, even if at an irrational cost. The simplest way to do this would be to float an exchange traded fund, or ETF, that held these private shares. Forge Global launched the Forge Accuity Private Market Index, a market capitalization weighted index that tracks the performance of 60 late-stage venture-backed private companies like SpaceX and Epic Games. Bottom line: there is no easy way to access private shares.

Persons: Tech100, Cathie Wood, Howe Ng, Brett Winton Organizations: New York Stock Exchange, SpaceX, Klarna Bank, Tech100, ARKVX Venture, Forge Global, Epic Games, ARK Investment, Edge

☆ The world of investing in private companies
▼ + stars: | 2024-04-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe world of investing in private companiesBrett Winton, Ark Investment chief futurist, joins CNBC’s Bob Pisani to discuss the ARK Venture Fund, investing in private companies and the advantages it holds.

Persons: Brett Winton, Bob Pisani Organizations: Ark Investment, ARK Venture Fund

☆ The real reason Tesla may be giving free trials of its Full Self-Driving software
▼ + stars: | 2024-03-26 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Tesla is offering a free monthlong trial of its Full Self-Driving software. FSD adoption could significantly increase Tesla's profit margins and improve the software. Tesla CEO Elon Musk announced on Monday that the electric carmaker would offer its US customers a free trial of the driver-assist software starting this week. "All US cars that are capable of FSD will be enabled for a one month trial this week," Musk wrote on X. Advertisement"Almost no one actually realizes how well (supervised) FSD actually works," Musk wrote in the email.

Persons: Tesla, —, Elon Musk, Musk, FSD, Brett Winton, Cathie Wood, I'm, I've Organizations: Service, Business, ARK Invest, Tesla, National, Traffic, Administration

☆ Laurent de Brunhoff, ‘Babar the Elephant’ author, dies aged 98
▼ + stars: | 2024-03-25 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

CNN —Writer and illustrator Laurent de Brunhoff, who continued his father’s legacy by producing dozens of original books for his “Babar the Elephant” series, has died aged 98. De Brunhoff died at his home in Key West, Florida on Friday following a recent stroke, his wife, the critic and author Phyllis Rose, told CNN via email. “The start — (the) very start of Babar — was a bed(time) story from my mother,” de Brunhoff told CNN in an interview, aired in 2003. Children's author and illustrator Laurent de Brunhoff working at his home during a BBC television interview in 1969. A later series, “Babar,” premiered in 1989 on CBC in Canada and HBO in the US (HBO is owned by CNN’s parent company, Warner Bros.

Persons: Laurent de Brunhoff, Babar, De Brunhoff, Phyllis Rose, Brunhoff, Jean, “, Babar —, ” de Brunhoff, ” De Brunhoff, Arthur, ” “, ”, de Brunhoff, Malcolm Winton, Jean de Brunhoff’s, Ariel Dorfman, ” Dorfman, Ranger, ’, “ Babar, Badou ”, Oscar, Whit Stillman, Mary Ryan, illustrator’s Organizations: CNN, BBC, Radio Times, National Geographic, “, NBC, CBC, HBO, Warner Bros, Disney Junior Locations: Key West , Florida, France, Paris, Chilean, Africa, Canada

☆ By 2030 AI software companies will need 'trillions of dollars' in AI chips: ARK chief futurist
▼ + stars: | 2024-03-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBy 2030 AI software companies will need 'trillions of dollars' in AI chips: ARK chief futuristBrett Winton, ARK Invest chief futurist, joins 'Fast Money' to talk what's ahead for AI after another big GPU announcment from Nvidia.

Persons: Brett Winton Organizations: ARK Invest, Nvidia

Swimmers at the beach might not be excited to see the 14-foot (4.3-meter) white shark, but scientists following LeeBeth's movements are thrilled that the big fish's epic journey could provide valuable clues to help the species. White sharks, often referred to as great whites, were made famous by the hit movie “Jaws.” They roam the ocean searching for their favorite food, marine mammals, and were once hunted without discrimination. They watched as she made history in late February by traveling further into the Gulf than any previously tracked white shark. “We don't know how many white sharks travel that far west, but it's a good indication they do,” Winton said. The conservancy paired up with fishing charter Outcast Sport Fishing of Hilton Head, South Carolina, to tag LeeBeth.

Persons: she'll, LeeBeth, Megan Winton, “, ” Winton, Winton, Chip Michalove, we've, ” Michalove, ” Organizations: Shark Conservancy, Conservancy, conservancy Locations: South Carolina, Gulf of Mexico, Matamoros, Mexico, South Padre Island , Texas, Gulf, Chatham , Massachusetts, Mississippi, Massachusetts, Head , South Carolina, Galveston , Texas

☆ Ark Invest says this 'optimal' bitcoin strategy will yield better returns
▼ + stars: | 2024-02-28 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Bitcoin prices have rebounded since 2023, recovering from steep declines in the couple of years before. On Tuesday, bitcoin prices reached a two-year high of over $56,000. Ark Invest's chief futurist, Brett Winton, believes that a "responsible allocation to innovation generally is really, really critical." On average, Ark Invest's research shows that the "optimal" allocation to maximize risk-adjusted returns — on a five-year time horizon — would be 4.8% on average since 2015. The breakdown of Ark Innovation ETF's tech investments is as follows: cryptocurrencies make up 6.9% of it, and digital wallets 8.8%, among other tech themes.

Persons: Ark, Brett Winton, CNBC's, Winton, —, bitcoin's Organizations: Invest, Innovation, Ark Invest Locations: bitcoin, U.S, Europe

☆ It will be 'something of a surprise' if incumbent companies emerge as winners in AI: ARK Invest
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt will be 'something of a surprise' if incumbent companies emerge as winners in AI: ARK InvestBrett Winton, ARK Invest Chief Futurist, expects a new platform to emerge as the world enters a "new operating system era", adding that it will likely accrue most of the gains when it comes to AI.

Persons: Invest Brett Winton Organizations: Invest, ARK Invest

☆ Growing quant giant Qube just added a fundraiser focused on Asian investors
▼ + stars: | 2024-02-12 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +2 min

This story is available exclusively to Business Insider subscribers. Sources familiar with the firm's plans told Business Insider that it hopes Hirazumi will help bring in assets to the firm’s China strategy. The manager has four Asian offices listed on its website, including one in mainland China in Shanghai, plus others in Hong Kong, Singapore, and Mumbai. It helps that performance has been stellar: The manager is already up roughly 10% through January this year, Business Insider previously reported . Another Millennium spin-out, Kurt Baker’s 30th Century Partners, is planning to start trading this year with $3 billion out of Hong Kong, according to a Bloomberg report.

Persons: Noriaki Hirazumi, Qube, Hirazumi, Ray Dalio, Blackstone, Jonathan Xiong, Kurt Baker’s Organizations: Research, Technologies, General Investment, London, Winton Group, Business, Credit Suisse, Public, Tiger, Investment Partners, Century Partners, Bloomberg Locations: Asia, London, Japan, China, Shanghai, Hong Kong, Singapore, Mumbai, Qube, Bridgewater

☆ Scientists Thought This Iridescent Mole Was Gone for Nearly a Century
▼ + stars: | 2024-01-25 | by ( Lilian Manansala | ) www.businessinsider.com time to read: 1 min

The blind De Winton's golden mole, thought to be lost for nearly a century, was found in South Africa using eDNA, a technique that examines DNA left in the environment. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?

Persons: eDNA Organizations: Business Locations: South Africa

☆ De Winton’s golden mole rediscovered after nearly 100 years
▼ + stars: | 2023-12-01 | by ( Nell Lewis | ) edition.cnn.com time to read: +5 min

CNN —A blind golden mole that glides through sand has been rediscovered in South Africa, 87 years after wildlife experts feared it had gone extinct. A beach in the northwest of South Africa where De Winton's golden moles are living. The challenge was pinpointing if De Winton’s golden mole was one of them. Common species, such as Cape golden mole and Grant’s golden mole were easily identifiable, but since there was only one De Winton’s golden mole reference DNA available, the team could not confidently identify it. De Winton’s golden mole is the 11th of its “most-wanted lost species” rediscovered since the program launched in 2017.

Persons: CNN —, JP Le Roux, eDNA, De, ”, Samantha Mynhardt, Jessie –, Nicky Souness, Cobus Theron, Christina Biggs, “, Theron Organizations: CNN, Wildlife Trust, University of Pretoria, Stellenbosch University, EWT Locations: South Africa, Port Nolloth, Cape

CAPE TOWN, South Africa (AP) — Researchers in South Africa say they have rediscovered a species of mole with an iridescent golden coat and the ability to almost “swim” through sand dunes after it hadn't been seen for more than 80 years and was thought to be extinct. The De Winton's golden mole -- a small, blind burrower with “super-hearing powers” that eats insects -- was found to be still alive on a beach in Port Nolloth on the west coast of South Africa by a team of researchers from the Endangered Wildlife Trust and the University of Pretoria. With the help of a sniffer dog, the team found traces of tunnels and discovered a golden mole in 2021. But because there are 21 species of golden moles and some look very similar, the team needed more to be certain that it was a De Winton's. Golden moles are native to sub-Saharan Africa and the De Winton's had only ever been found in the Port Nolloth area.

Persons: hadn't, “, Samantha Mynhardt, ‘ you’re, Winton's, Mynhardt, ”, Esther Matthew Organizations: —, Wildlife Trust, University of Pretoria, Associated Press, ___ AP Locations: CAPE, South Africa, Port Nolloth, African, Saharan Africa, Guatemala, Djibouti, ___, africa

☆ The OpenAI shakeup 'blunts the velocity' of the organization, says ARK Invest Chief Futurist
▼ + stars: | 2023-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe OpenAI shakeup 'blunts the velocity' of the organization, says ARK Invest Chief FuturistBrett Winton, ARK Invest Chief Futurist, joins 'Fast Money' to talk the OpenAI shakeup and why it may be opening the door for competitors to catch up.

Persons: Brett Winton Organizations: ARK Invest

Such recruitment-based adoptions are the most difficult to carry out, social workers say. Gonzaga, who worked with his wife Heather Setrakian at eharmony and then on the Family-Match algorithm, referred questions to Ramirez. Social workers say Family-Match works like this: Adults seeking to adopt submit survey responses via the algorithm’s online platform, and foster parents or social workers input each child’s information. Adoption-Share is part of a small cadre of organizations that say their algorithms can help social workers place children with foster or adoptive families. “It’s wasted time for social workers and wasted emotional experiences for children.”___Contact AP’s global investigative team at Investigative@ap.org or https://www.ap.org/tips/

Persons: –, Thea Ramirez, Ramirez, ” Ramirez, “ There’s, ”, Bonni Goodwin, “, Gian Gonzaga, Gonzaga, Heather Setrakian, Setrakian, Kristen Berry, ” Berry, Melania Trump, Virginia’s, Terry McAuliffe, Traci Jones, ” Jones, Virginia, Kylie Winton, Scott Stevens, Stevens, ” Jenn Petion, Petion, ” Petion, Fort, Bree Bofill, ” Bofill, Bofill, Ramirez didn’t, Ramirez wouldn’t, Suresh Venkatasubramanian, Biden, Connie, didn’t, We’ve, “ It’s Organizations: Associated Press, AP, University of Oklahoma, American Enterprise Institute, Democrat, ”, Virginia Department of Social Services, Georgia Department of Human Services, FamiliesFirst, Family, Family Support, Fort Myers, Children’s Network of Southwest, Miami, Care, Winton, AS GUINEA, Tennessee Department of Children’s Services, Tennessee, Biden White, Science, Technology, Brown University, U.S . Health, Human Services Department, Florida Department of Health, Health Locations: Virginia, Georgia, Tennessee, Florida, Brunswick , Georgia, eharmony, Pensacola, Jacksonville, Children’s Network of Southwest Florida, Virginia , Georgia, New York City , Delaware, Missouri, Investigative@ap.org

☆ China's new trading rules target more oversight, not killing 'flash boys', says lobby group
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +3 min

SHANGHAI/SINGAPORE, Sept 26 (Reuters) - China's securities regulators have told market participants that tighter rules for programme trading were not designed to kill the business, but were a response to calls for more oversight, according Asia's largest financial lobby group ASIFMA. "There's no intent to be prejudiced against high frequency trading firms," said Lyndon Chao, ASIFMA managing director and head of equities and post trade. Quant funds in China include global players such as Winton, Two Sigma and D.E.Shaw though these three aren't members of ASIFMA. The rules "came out all of a sudden because the regulators might be facing pressure from investors suffering from recent poor stock market performance," he said. There are a lot of quant funds out there that do a great job of injecting liquidity when needed.

Persons: Lyndon Chao, They're, ASIFMA, Chao, Ren Zeping, Liu Yuhui, ASIFMA's Chao, Samuel Shen, Jason Xue, Tom Westbrook, Shri Navaratnam Organizations: Sigma, Reuters, Thomson Locations: SHANGHAI, SINGAPORE, China, Winton, Shanghai, Shenzhen

☆ Exclusive: China scrutinizes quant strategies as market weakness stokes public anger - sources
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +4 min

A man wearing a protective mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a new coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020. Separately, the Shanghai and Shenzhen stock exchanges, under the CSRC's guidance, have sought information from major quant funds on their money-making strategies, another source said. The weakness has triggered finger-pointing in social media, as well as criticism from fund managers and retail investors against these quant funds and short sellers. Short-selling activities by quant funds could also be caught in the crossfire, he said. Another brokerage source said the CSRC asked them to elaborate on the size of their quant clientele and whether quant trading had impacted recent stock market.

Persons: Aly, shortsellers, Yuan Yuwei, Yang Tingwu, Shri Navaratnam Organizations: Shanghai Stock Exchange, REUTERS, Rights, China Securities Regulatory Commission, Global, Sigma, Huatai Securities, China's, Quant Investment, Yanfu Investments, Shanghai Minghong Investment Management Co, Wisdom Asset, Tongheng Investment, Shanghai, Thomson Locations: Pudong, Shanghai, China, Shenzhen, Winton, Beijing

FALLING STARWhen Odey set up Odey Asset Management, it was in the afterglow of then British Prime Minister Margaret Thatcher's deregulation of the stock market in London's 1986 "Big Bang". Privately educated at the elite Harrow school, Odey left Oxford University and began his career in traditional asset management before launching Odey Asset Management. But fund performance at Odey Asset Management has been a rollercoaster, with Odey renowned for taking risks. He liked to say leverage was like a drug - once you experienced it, you could never live without it, one hedge fund manager said. Lawmakers on Britain's Treasury Select Committee have written to the FCA to question the regulator's supervision of Odey Asset Management and Odey.

Persons: Crispin Odey, Odey, Banks, Robert Sears, CIOs, Don Steinbrugge, Margaret Thatcher's, Egerton Capital, Marshall Wace, Winton, Kwasi Kwarteng, Maiya Keidan, Nell Mackenzie, Iain Withers, Lawrence White, Dhara Ranasinghe, Elisa Martinuzzi, Alex Richardson Organizations: TORONTO, Reuters, Odey Asset Management, FT, Tortoise Media, Odey, Management, Britain's Financial, Authority, Generation Partners, Odey's, HSBC, Inc, Wall Street, Agecroft Partners, British, Harrow, Oxford University, Conservative Party, Barclays, Peugeot, Hong Kong, Lawmakers, FCA, Thomson Locations: LONDON, City, London, Toronto

☆ Tesla's competitors realized it built a better product, says Ark's Brett Winton
▼ + stars: | 2023-06-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's competitors realized it built a better product, says Ark's Brett WintonBrett Winton, Ark Invest's chief futurist, Tim Higgins of WSJ and Bethany McLean of Vanity Fair discuss Ford and GM's decision to adopt Tesla's charging tech. Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Ark's Brett Winton Brett Winton, Ark, Tim Higgins, Bethany McLean, Brian Sullivan, “ Organizations: Ford, CNBC

☆ Mega-cap tech companies are 'imperiled by A.I. in different ways', says ARK's futurist Brett Winton
▼ + stars: | 2023-05-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMega-cap tech companies are 'imperiled by A.I. in different ways', says ARK's futurist Brett WintonBrett Winton, Ark Invest chief futurist, joins 'Fast Money' to discuss Amazon's A.I. usage, the value of the technology, and why the technology may not benefit all major tech companies.

☆ Big Tech isn't the only way to invest in A.I., says Ark's Chief futurist
▼ + stars: | 2023-04-26 | by ( Melissa Lee | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig Tech isn't the only way to invest in A.I., says Ark's Chief futuristBrett Winton, Ark Invest, on A.I. 's impact on big tech and the market with CNBC's Melissa Lee and the Fast Money traders.

Commodity trading advisers (CTAs) - funds that try to profit by buying or selling when there is a clear direction in markets - slumped 4.3% in the three days to Monday, according to analysis from UBS. "We have seen certainly on (last) Friday and Monday capitulation trades from hedge funds, so all hedge funds have been short duration positioned and we have heard a lot of desks needed to shut down their risk," said Kaspar Hense, a senior portfolio manager at BlueBay Asset Management. Hedge funds felt this "brutally" in Japanese markets, Hense said, where positioning from hedge funds and CTAs had been particularly "one sided" in anticipation of an end to the Bank of Japan's yield curve control policy. British macro hedge fund manager Crispin Odey's main fund posted a minus 4.7% February performance and is down 3% so far this year, said a note from his hedge fund to clients. Very few macro economic funds tracked by bank research seen by Reuters have reported March numbers.

☆ Are Butterflies Wildlife? Depends Where You Live.
▼ + stars: | 2023-03-04 | by ( ) www.nytimes.com time to read: +10 min

The creatures are simply left out of state conservation statues, or their situation is ambiguous. “State agencies are really at the forefront of conservation for wildlife,” said Scott Black, executive director of the Xerces Society, a nonprofit group that advocates for insect conservation. Sometimes, aquatic insects come under the purview of state wildlife agencies. But across the states without insect authority, officials are often reluctant to broach adding it, Mr. Winton said. Seven of the states without insect conservation authority are in the West, which has felt the effects of climate change intensely.

☆ Companies must use artificial intelligence to compete or go bankrupt as the pace of advancement soars, Ark Invest futurist says
▼ + stars: | 2023-02-23 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Companies have to onboard AI quickly if they want to stay competitive, Ark Invest's Brett Winton says. Microsoft will outcompete Google in the long run, despite higher costs for AI search engines. Partly driven by headline-making AI developments from the likes of Microsoft and Google, Winton thinks the technology's takeover has also been boosted by current macroeconomic issues faced by corporations. The pivot to AI will also mean changes for the search engine hierarchy, Winton said, pointing to Google and Microsoft's development race. The company continues to advance the technology, recently announcing that the search engine's new capabilities will be available on mobile phones.

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