Q4 capital Newsletter no. 5
QUOTE OF THE WEEK
_‘The world is becoming increasingly digital and there is a lot of data. The only way for this data to be truly useful is to have an Artificial Intelligence solution to process it’_
MANUELA VELOSO, HEAD OF JPMORGAN AI RESEARCH
Today, Q4 Agne and Emile are off to Portugal to participate at the Horasis Global Meeting in Cascais.
The annual Horasis Global Meeting is one of the world’s foremost gatherings of business leaders who interact with government officials and eminent thought leaders.
Q4 Emile will be speaking at the ‘Immersive technologies’ panel, discussing the Virtual Reality and Augmented Reality technologies. Q4 Agne will be expressing her opinion about crypto and blockchain at ‘The Lure of Cryptocurrencies’ panel.
Q4 – BLOCKCHAIN
EU FOSTERS THE ADOPTION OF DISTRIBUTED LEDGER TECHNOLOGIES
The European Commission in Brussels together with politicians, corporations and blockchain startups signed a charter to create an association, whose goal is to promote reforms that are necessary to boost the adoption of Distributed Ledger Technologies (DLT).
DLT is another, more corporate, is named for blockchain. The new initiative is names as the International Association of Trusted Blockchain Applications (INATBA), with the signees including corporate giants such as Anheuser- Busch, Accenture, BBVA, Bank Frick, Deutsche Boerse, Engie and others.
Q4 – ARTIFICIAL INTELLIGENCE
JPMORGAN BETS ON ARTIFICIAL INTELLIGENCE
JPMorgan Chase & Co has awarded nearly 50 grants for research in Artificial Intelligence (AI). The goal is to study the use of AI and machine learning in the areas of investment advice, risk management, digital assistants and trading behaviour.
JPMorgan and other financial institutions already understand the importance of AI and realize that they have to put forceful efforts to compete with technology companies, which are entering the financial services market.
Q4 – INVESTMENTS
SWITZERLAND’S FINTECH SECTOR GROWS, TRADITIONAL FINANCE DECLINES
A new report shows that the fintech sector in Switzerland and investments to it is rapidly growing, while the traditional financial institutions are stagnating. According to the report, the fintech industry in the country grew by 62% last year. It states that the fintech companies are faster and more efficient in terms of implementation and deployment of new technologies than the traditional financial sector.
THIS WEEK WE SUPPORT
For revolutionising the way we listen to music and producing an outstanding growth over the 10 years of operation.
We wish for the Spotify to retain its leader position at the times of forceful and rapidly increasing competition. We know that Spotify will be smart and think of impressive ways to become the leader.