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Top related persons:
Christina Melas - 2 Rowe Price's Sébastien - 1 Eric Burl - 1 Alyssa Powell - 1 Thomas H - 1 Lee - 1 Keri Smith - 1 Smith - 1
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New York City New York San Francisco Sri Chandrasekar
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Bain Capital Ventures - 2 Business - 2 Bain Capital - 2 Management - 1 Man Group - 1 Accenture Research - 1 Finance - 1 Wall Street - 1

Search resuls for: "Christina Melas"


2 mentions found


☆ From hype to hesitation, Wall Streeters open up about how they're really using AI
  + stars: | 2024-07-24 | by ( Bianca Chan | Alex Morrell | Alex Nicoll | ) www.businessinsider.com   time to read: +18 min
AdvertisementSpeed and ease — that's how generative AI is changing the game for finance professionals. In a survey of 780 banking and capital-markets employees by Accenture Research, 62% of respondents expect generative AI to increase people's stress and burnout. "Employees with AI skills will replace people without AI skills," Andrew Chin, the chief AI officer at the $759 billion money manager AllianceBernstein, told BI. AdvertisementA data scientist at a midsize hedge fund told BI that generative AI models are a "superpower for coders." The firm's ultimate aim is to use generative AI to replicate the success of its best bankers for all advisors.
Persons: Christina Melas, Rowe Price's Sébastien, Eric Burl, Alyssa Powell, Thomas H, Lee, Keri Smith, Smith, Ken Griffin, They've, Goldman Sachs, Marco Argenti, Argenti, It's, I've, drudge, Andrew Chin, AllianceBernstein, Lisa Donahue, Donahue, Jobs, who's, He's, he'd, ChatGPT, Accenture's Smith Organizations: Bain Capital Ventures, Management, Business, Bain Capital, Man Group, Accenture Research, Finance, Wall Street, Blackstone, Sigma, Citadel, Milken Institute Global Conference, Excel, Accenture, Northern Trust, Citibank, Citi, JPMorgan Locations: New York City, New York
☆ Artificial intelligence is coming for venture firms. VCs predict it could reduce headcount by more than 50%.
  + stars: | 2024-06-24 | by ( Ben Bergman | ) www.businessinsider.com   time to read: +8 min
Firms like Correlation Ventures, 645 Ventures, and Fly Ventures have long used data and AI to help guide investment decisions. AdvertisementEarlier this year, Sri Chandrasekar, a partner at Point72 Ventures, noticed a startup in his portfolio was having a breakout week. Related stories"If you go to any venture firm's website, you'll find that half the names are not doing anything to do with investing," Chandrasekar said. Advertisement"If you look at the large firms, they got very, very large in the last few years," said Andy McLoughlin, managing partner at Uncork Capital. Venture firms will have to remake themselves into a combination of people and A.I."
Persons: —, Matt Krna, Krna, Sri, Chandrasekar, Christina Melas, Andreeseen Horowitz, Andy McLoughlin, James Currier, Currier, McLoughlin Organizations: Service, Business, Ventures, Fly Ventures, Point72 Ventures, Bain Capital Ventures, Bain Capital, Catalyst, Lightspeed, Uncork, Venture, Deloitte, San Locations: San Francisco, Sri Chandrasekar
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