Meet 23 Women Entrepreneurs Reshaping The Indian Startup Ecosystem
The startup world has come a long way since the early 2000s, and so have the women in entrepreneurship. From…
Jim Simons, Legendary Founder Of Renaissance Technologies, Dead At 86
Jim Simons, the legendary billionaire hedge fund manager who founded the wildly successful Renaissance Technologies, died on Friday, according to the foundation he started. Simons was a titan of investing and the 49th-richest person in the world, with a net worth of $31.8 billion, according to Bloomberg's Billionaires Index. Before he took Wall Street by storm, Simons made a career as an award-winning MIT mathematician and NSA codebreaker during the Cold War. His work in pattern recognition and topography would later help form the bedrock of string theory in quantum mechanics.
Tech Titans, Startups Bet Big Bucks On Ai's Future
Tech giants and startups are investing billions in AI infrastructure, training and development, with Microsoft planning a $3.3 billion AI data center in Wisconsin, startup Atlan raising $105 million for its AI-ready data stack, and Mistral AI seeking funds at a $6 billion valuation for open-source language models, underscoring the high stakes in the race [...] The post Tech Titans, Startups Bet Big Bucks on AI's Future appeared first on PYMNTS.com.
Universities Have Failed Their Democratic Mission By Repressing Gaza Protests
Universities are using draconian measures against student protesters who refuse to deem Palestinian suffering "unreal.": Universities are using draconian measures against student protesters who refuse to deem Palestinian suffering "unreal." As two U.S. philosophers, we feel compelled to bring our experience and perspective to bear on the current crisis in academia and the pressing need for solidarity with those suffering from Israeli brutality in Gaza and campus protesters who seek justice and freedom for Palestinians.
Billionaire Jim Simons Dead At 86
Simons was the founder of Renaissance Technologies--a hedge fund specializing in trading using quantitative models. : Jim Simons, a mathematician turned billionaire investor and philanthropist, died Friday at the age of 86. Simons' passing was announced by his scientific research organization, the Simons Foundation, which did not share the cause of death and noted the investor is survived by his wife and three children.
Ci Financial Corp. (cixxf) Q1 2024 Earnings Call Transcript
Kurt MacAlpine - Chief Executive Officer Amit Muni - Executive Vice President and Chief Financial Officer Kyle Voigt - Keefe, Bruyette & Woods Graham Ryding - TD Securities Nik Priebe - CIBC Capital Markets Tom MacKinnon - BMO Capital Markets Stephen Boland - Raymond James Geoffrey Kwan - RBC Capital Markets Ladies and gentlemen, thank you for standing by. Welcome to the CI Financial First Quarter 2024 Earnings Conference Call. All lines have been placed on mute during the presentation portion of the call with an opportunity for question and answer at the end. [Operator Instructions].
Jim Simons, Billionaire Quantitative Investing Pioneer Who Generated Eye-popping Returns, Dies At 86
Jim Simons, a legendary mathematician who founded the most successful quantitative hedge fund Renaissance Technologies, passed away on Friday. : Jim Simons, a mathematician who founded the most successful quantitative hedge fund of all time, passed away on Friday in New York City, his foundation announced on its website. Pioneering mathematical models and algorithms to make investment decisions, Simons left behind an otherworldly track record at Renaissance Technologies, that bested legends such as Warren Buffett and George Soros.
Pro-palestinian Protesters Demand Endowment Transparency. But It's Proving Not To Be Simple
Some universities are vowing to provide information about how much university endowment money is invested in companies profiting from the Israel-Hamas war amid calls from pro-Palestinian protesters. As part of that effort, the University of Minnesota disclosed this week that about $5 million of its $2.27 billion endowment investments are tied to Israeli-based companies or U.S.-based defense contractors. To protesters it's a first step. More than a dozen students spoke Friday to the university's Board of Regents, demanding further action. But Jewish leaders have concerns, and endowment experts stress that the potential fallout from disclosure is hard to predict.
Ackman Scolded Over Dei Views At Closed-door Milken Session | Wealth Management
The debate at the conference reflects a broader dispute taking place across corporate America over the role of DEI. : While money managers were inking deals, talking about AI and hanging on Elon Musk's every word at this week's premier business conference in Beverly Hills, a passionate debate over diversity was taking place behind closed doors.
Hedge Funds Draw Pension Money To Riskiest Corner Of Credit Market
Raising concerns that in their aggressive hunt for higher yields, they may be discounting some pitfalls. : A high-stakes trade in the riskiest corner of a $1.3 trillion credit market is enticing some of the world's most conservative investors, raising concerns that in their aggressive hunt for higher yields they may be discounting some pitfalls. Pension plans and insurers have been piling into funds that invest in equity tranches of collateralized loan obligations in recent months, according to several asset managers who spoke on the condition of anonymity.
Bill Ackman Confronted Over Dei Criticisms At Milken Conference
Ackman held court during a series of discussions devoted to DEI at the Milken Institute Global Conference in Beverly Hills on Monday.