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Search resuls for: "B Capital Group"


7 mentions found


☆ Startups are building robots that can perceive the human world. Here's why VC firms like Khosla and a16z say that spatial intelligence will be the next big thing in AI.
  + stars: | 2024-07-09 | by ( Samantha Stokes | Emma Cosgrove | ) www.businessinsider.com   time to read: +7 min
Spatial intelligence allows robots to navigate and interact with their environment more efficiently, which means that robots can perform more complex tasks with higher precision and adaptability. AdvertisementEven so, investors say that spatial intelligence represents a quantum leap for the robotics industry, a space already benefiting from an AI boom. Lior Susan, CEO and founder of Eclipse Ventures, is betting that the difficulty of building AI with spatial intelligence will yield bigger returns in the future. "You see this boom of generative AI startups that are actually buying a lot of compute that do not have a business model yet," Susan said. Big tech is rolling in, tooBigger tech companies are also gearing up to compete in robotics' spatial intelligence race—both as builders and investors.
Persons: —, Andreessen Horowitz, Catalyst, Howard Morgan, Max Rimple, Erin Price, Wright, Fei, Fei Li, Kanu Gulati, Khosla, –, Gulati, Lior Susan, Susan, Jeff Bezos, Jensen Huang Organizations: Service, Khosla Ventures, Business, B Capital, Catalyst, Lightspeed Venture Partners, Coatue Management, Stanford University, Eclipse Ventures, Intelligence, Lux, Sequoia Capital, Microsoft, Nvidia, Carbon Robotics, AIs Locations: LLMs, OpenAI, Lux Capital, Taipei
☆ India’s booming tech sector suffers a big blow as Byju’s and Paytm plunge into crisis
  + stars: | 2024-03-07 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com   time to read: +2 min
A subsequent audit "revealed persistent non-compliances and continued material supervisory concerns in the bank," the central bank said on Jan. 31. Yet to be profitable, Paytm is also reportedly being probed by the federal anti-fraud agency on possible violations of foreign exchange laws. On Feb. 26, One97 Communications, the parent company of Paytm, said in an exchange filing that founder and CEO Vijay Shekhar Sharma had resigned from the board of Paytm Payments Bank. During the pandemic, Paytm capitalized on the digital payments boom in India, reporting a 3.5 times growth in transactions. SoftBank and Ant Group are now reportedly cutting their stakes in the payments company, according to local media.
Persons: Anindito Mukerjee, There's, Karan Mohla, Paytm, Vijay Shekhar Sharma, SoftBank Organizations: Bloomberg, Getty, B Capital, Reserve Bank of India, One97 Communications, Paytm Payments, Alibaba, Ant, Ant Group Locations: Greater Noida, India
☆ Facebook cofounder Eduardo Saverin says the best companies come out of downturns, because they forge entrepreneurs behind firms like Apple and Alibaba
  + stars: | 2023-09-15 | by ( Kai Xiang Teo | ) www.businessinsider.com   time to read: +3 min
Facebook cofounder Eduardo Saverin says the best companies come out of times of economic downturn. Saverin pointed to examples like Apple, Microsoft, Alibaba, Facebook, Uber, and Airbnb. He cited the examples of Apple, Microsoft, Alibaba, Facebook, Uber, and Airbnb, and said the best companies emerge from "not great" periods in the market. Zuckerberg diluting Saverin's Facebook shares and booting him from the company in 2005 formed the central plot of the 2012 film, "The Social Network." Since his departure from Facebook, Saverin cofounded B Capital Group in 2020.
Persons: Eduardo Saverin, Saverin —, —, Airbnb, Uber, Jack Ma, Saverin, Mark Zuckerberg, Dustin Moskovitz, Chris Hughes, Andrew McCollum, Zuckerberg Organizations: Microsoft, Facebook, Service, B Capital, Milken Institute Asia Summit, Apple, Federal Reserve, Social, B Capital Group, Bloomberg Locations: Wall, Silicon, Singapore
☆ 'Something has to give' from recent tech rally, says B Capital Group's Sheila Patel
  + stars: | 2023-06-29 | 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 Email'Something has to give' from recent tech rally, says B Capital Group's Sheila PatelSheila Patel, B Capital Group vice chair and general partner and former chairman of Goldman Sachs Asset Management, joins 'Squawk Box' to discuss the markets, the state of venture capital, tech, and A.I..
Persons: Sheila Patel Sheila Patel Organizations: B Capital Group, Goldman, Asset Management
☆ Trump executive Weisselberg prepares for jail on Rikers Island
  + stars: | 2023-01-10 | by ( Karen Freifeld | ) www.reuters.com   time to read: +4 min
Those days will probably not be easy for Weisselberg, 75, at a jail known for violence, drugs and corruption. After being sentenced, Weisselberg will likely be driven to Rikers and trade his street clothes for a uniform and sneakers with velcro straps. Though no longer CFO, Weisselberg remains on paid leave from the Trump Organization. It is paying Rothfeld as well, a person familiar with the matter said. Merchan will also sentence the Trump Organization on Friday.
☆ India's young investors prefer crypto to gold and 'boring' stocks
  + stars: | 2022-03-03 | by ( Diksha Madhok | ) edition.cnn.com   time to read: +8 min
New Delhi CNN Business —Indian businesswoman Swati Daga first bought bitcoin in 2017, when the cryptocurrency was trading well under $3,000. “I find stock markets boring,” she told CNN Business, adding that she enjoys the “thrill” and “recklessness” that comes with investing in volatile currencies. The growth is driven by younger investors — mostly under the age of 35 — and many of them are coming from smaller cities and towns, founders of two of India’s biggest crypto exchanges told CNN Business. WazirX also has over 10 million users, and called 2021 a “phenomenal year” for crypto trading in India. On-again, off-again relationshipThe excitement over crypto is rising in India despite the country’s on-again, off-again relationship with digital currencies.
☆ Founders of Canadian relationship app Couply talk gaining traction after winning Collision 2021 pitch competition
  + stars: | 2021-06-29 | by ( Sarah Finkel | ) www.businessinsider.com   time to read: +5 min
The Canadian relationship app Couply won the 2021 pitch competition hosted by Collision, a Toronto-based technology conference attended by thousands of industry giants. Naturally, you turn to the app store for some guidance, only to find that the selection of relationship apps is rather slim in comparison to dating apps. That was the ideation process behind Canadian startup Couply, founded by Tim Johnson and Denesh Raymond. It's a free relationship app designed to inspire couples to deepen their connection with fun features like personality quizzes, which then help aid the process of planning dates that are mutually enjoyable. "This kind of drills into that core sentiment of Couply, which is to get out there and do things with your partner in the real world," Johnson told Insider.
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