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Top related persons:
Blackstone - 1 Prakhar Mehrotra - 1 Mehrotra - 1 Matthew Katz - 1 Blackstone's - 1 Franz Edelman - 1 Katz - 1 Deepali Vyas - 1
Top related locs:
Boston Blackstone
Top related orgs:
Service - 1 Walmart - 1 Twitter - 1 CalTech - 1 Blackstone - 1 Blackstone . Data - 1

Search resuls for: "Manoj Mahenthiran"


3 mentions found


☆ Blackstone hires Walmart AI whiz to supercharge its portfolio companies
  + stars: | 2024-04-15 | by ( Bianca Chan | ) www.businessinsider.com   time to read: +4 min
Private equity is ramping up its AI hiring efforts, with Blackstone snagging a key executive to oversee how AI will be applied at its some 230 portfolio companies. Mehrotra will lead Applied AI within Blackstone's data science team, Matthew Katz, Blackstone's global head of data science, told Business Insider in a written statement. Mehrotra comes to Wall Street from Walmart, where he led applied AI efforts at the retailer and managed a team of more than 400 data scientists. Related storyWhile at Walmart, Mehrotra was the vice president of applied AI, leading a team responsible for how AI was mixed into merchandising, including assortment, pricing, and inventory management. AdvertisementLike its peers, Blackstone is eager to take advantage of AI, which stands to shake up businesses across virtually all industries.
Persons: Blackstone, Prakhar Mehrotra, Mehrotra, Matthew Katz, Blackstone's, Franz Edelman, Katz, Deepali Vyas, Zac Maufe, Manoj Mahenthiran, Thomas H, Lee Organizations: Service, Walmart, Twitter, CalTech, Blackstone, Blackstone . Data Locations: Boston, Blackstone
☆ Private equity is starting to bet big on the cloud. Here's why firms like Blackstone are making the move.
  + stars: | 2022-11-30 | by ( Bianca Chan | ) www.businessinsider.com   time to read: +7 min
Like other Wall Street firms upended by the technology, PE firms' motivation to make the move is tied to harnessing the copious amounts of data they manage. GFT works with more than 20 private-equity firms for digital transformation, including a handful of tier-one PE companies, he said. Some PE firms have tried to leverage their scale for pricing discounts among cloud providers, Mahenthiran said. Major cloud providers, like AWS, Microsoft Azure, and Google Cloud Platform, have been hungry for more Wall Street market share. That hasn't stopped PE firms from trying to hire out data-science and cloud teams to help front-office researchers find new opportunities and oversee internal cloud infrastructure, Vyas said.
☆ Private equity is opening up to the public cloud, setting up a new battleground for AWS, Microsoft, and Google to win over Wall Street
  + stars: | 2022-11-15 | by ( Bianca Chan | ) www.businessinsider.com   time to read: +7 min
Like other Wall Street firms upended by the technology, PE firms' motivation to make the move is tied to harnessing the copious amounts of data they manage. GFT works with more than 20 private-equity firms for digital transformation, including a handful of tier-one PE companies, he said. Some PE firms have tried to leverage their scale for pricing discounts among cloud providers, Mahenthiran said. Major cloud providers, like AWS, Microsoft Azure, and Google Cloud Platform, have been hungry for more Wall Street market share. But the wait-and-see approach has put PE companies far behind their Wall Street peers.
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