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4Paradigm
4Paradigm () is a Chinese company publicly listed in Hong Kong that focuses on providing artificial intelligence (AI) tools and applications in China. Background 4Paradigm was founded in 2014 by several former employees of Huawei's AI division. Dai Wenyuan who was one of the main co-founders and the current CEO was featured in the Innovators Under 35 list from ''MIT Technology Review.'' He was part of Shanghai Jiao Tong University's team that won the International Collegiate Programming Contest world championship in 2005 and as of 2017 had the third most cited paper in the field of transfer learning. According to Dai, 4Paradigm was founded to eliminate the technical barrier for those looking to apply AI technology. It provides its clients a suite of software tools that let them run complex algorithms without needing to rely on specialists. For example, it provides tools for banks to perform analysis such as identifying customers and detecting fraud. It also has made its owns c ...
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Sinovation Ventures
Sinovation Ventures () is a Beijing-based venture capital firm founded in 2009. The firm focuses on investing in startups that use artificial intelligence technology. It was one of the first Chinese venture capital firms to establish a presence in the United States. Background Kai-Fu Lee was President of Google China from July 2005 to 4 September 2009. A few days after resigning from his post, on 7 September 2009, he announced he would be starting a $115m venture capital fund called "Innovation Works". His colleague, Hua Wang, who was previously Head of Business Development in Google China joined him as a co-founder. In 2013, an office was opened in Silicon Valley to invest in US startups. In 2016, the firm rebranded from "Innovation Works" to "Sinovation Ventures". In 2019, the firm closed its Silicon Valley office citing the China–United States trade war making it difficult to get into US deals. Funds Investments * 01.AI * 4Paradigm * AdMob * Bitmain * Insilico M ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Online Payments
An e-commerce payment system (or an electronic payment system) facilitates the acceptance of electronic payment for offline transfer, also known as a subcomponent of electronic data interchange (EDI), e-commerce payment systems have become increasingly popular due to the widespread use of the internet-based shopping and banking. Credit cards remain the most common form of payment for e-commerce transactions. As of 2008, in North America, almost 90% of online retail transactions were made with this payment type.Turban, E. King, D. McKay, J. Marshall, P. Lee, J & Vielhand, D. (2008). Electronic Commerce 2008: A Managerial Perspective. London: Pearson Education Ltd. p.550 It is difficult for an online retailer to operate without supporting credit and debit cards due to their widespread use. Online merchants must comply with stringent rules stipulated by the credit and debit card issuers (e.g. Visa and Mastercard) in accordance with a bank and financial regulation in the countries ...
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Georgetown University
Georgetown University is a private university, private Jesuit research university in Washington, D.C., United States. Founded by Bishop John Carroll (archbishop of Baltimore), John Carroll in 1789, it is the oldest Catholic higher education, Catholic institution of higher education in the United States, the oldest university in Washington, D.C., and the nation's first University charter#Federal, federally chartered university. The university has eleven Undergraduate education, undergraduate and Postgraduate education, graduate schools. Its main campus, located in the Georgetown (Washington, D.C.), Georgetown historic neighborhood, is on a hill above the Potomac River and identifiable by Healy Hall, a National Historic Landmark. It is Carnegie Classification of Institutions of Higher Education, classified among List_of_research_universities_in_the_United_States#Universities_classified_as_"R1:_Doctoral_Universities_–_Very_high_research_activity", "R1: Doctoral Universities – V ...
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Center For Security And Emerging Technology
The Center for Security and Emerging Technology (CSET) is a think tank dedicated to policy analysis at the intersection of national and international security and emerging technologies, based at Georgetown University's School of Foreign Service. Its mission is to study the security impacts of emerging technologies by analyzing data, supporting academic work in security and technology studies, and delivering nonpartisan analysis to the policy community. CSET focuses particularly on the intersection of security and artificial intelligence (AI). It addresses topics such as national competitiveness, opportunities related to AI, talent and knowledge flows, AI safety assessments, and AI applications in biotechnology and computer security. CSET's founding director, Jason Gaverick Matheny, previously served as the director of the Intelligence Advanced Research Projects Activity. Its current executive director is Dewey Murdick, former Chief Analytics Officer and Deputy Chief Scientist ...
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Biden Administration
Joe Biden's tenure as the List of presidents of the United States, 46th president of the United States began with Inauguration of Joe Biden, his inauguration on January 20, 2021, and ended on January 20, 2025. Biden, a member of the Democratic Party (United States), Democratic Party who Vice presidency of Joe Biden, previously served as Vice President of the United States, vice president for two terms under President Barack Obama from 2009 to 2017, took office after his victory in the 2020 United States presidential election, 2020 presidential election over the incumbent president, Donald Trump of the Republican Party (United States), Republican Party. Upon his inauguration, he became the List of presidents of the United States by age, oldest president in American history, breaking the record set by Ronald Reagan. Alongside Biden's presidency, the Democratic Party also held their slim majorities in the United States House of Representatives, House of Representatives under Sp ...
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The Washington Post
''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington metropolitan area and has a national audience. As of 2023, the ''Post'' had 130,000 print subscribers and 2.5 million digital subscribers, both of which were the List of newspapers in the United States, third-largest among U.S. newspapers after ''The New York Times'' and ''The Wall Street Journal''. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. In 1933, financier Eugene Meyer (financier), Eugene Meyer purchased it out of bankruptcy and revived its health and reputation; this work was continued by his successors Katharine Graham, Katharine and Phil Graham, Meyer's daughter and son-in-law, respectively, who bought out several rival publications. The ''Post ...
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Hong Kong Stock Exchange
The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market capitalization as of August 2024. The exchange plays a crucial role in connecting international investors with Mainland China, mainland Chinese companies, serving as a major platform for capital raising. Unlike Chinese stock exchanges (other), mainland Chinese exchanges, it operates under Hong Kong’s distinct regulatory framework, which allows greater access to foreign investors. The stock exchange is owned (through its subsidiary Stock Exchange of Hong Kong Limited) by Hong Kong Exchanges and Clearing, Hong Kong Exchanges and Clearing Limited (HKEX), a holding company that it also lists () and that in 2021 became the world's largest bourse operator in terms of market capitalization, surpassing Chicago-based CME Group, CME. A 20 ...
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United States Sanctions
United States government sanctions are financial and trade restrictions imposed against individuals, entities, and jurisdictions whose actions contradict U.S. foreign policy or national security goals. Financial sanctions are primarily administered by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), while export controls are primarily administered by the U.S. Department of Commerce's Bureau of Industry and Security (BIS). Restrictions against sanctioned targets vary in severity depending on the justification behind the sanction, and the legal authorities behind the sanctions action. Comprehensive sanctions are currently in place targeting Cuba, Iran, North Korea, Russia, and certain conflict regions of Ukraine, which heavily restrict nearly all trade and financial transactions between U.S. persons and those regions. Targeted sanctions specifically target certain individuals or entities that engage in activities that are contrary to U.S. foreign ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ...
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ChatGPT
ChatGPT is a generative artificial intelligence chatbot developed by OpenAI and released on November 30, 2022. It uses large language models (LLMs) such as GPT-4o as well as other Multimodal learning, multimodal models to create human-like responses in text, speech, and images. It has access to features such as searching the web, using apps, and running programs. It is credited with accelerating the AI boom, an ongoing period of rapid investment in and public attention to the field of artificial intelligence (AI). Some observers have raised concern about the potential of ChatGPT and similar programs to displace human intelligence, enable plagiarism, or fuel misinformation. ChatGPT is built on OpenAI's proprietary series of generative pre-trained transformer (GPT) models and is Fine-tuning (machine learning), fine-tuned for conversational applications using a combination of supervised learning and reinforcement learning from human feedback. Successive user AI prompt, prompts an ...
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Unicorn (finance)
In business, a unicorn is a startup company Valuation (finance), valued at over US$1 billion which is privately owned and not listed on a share market. The term was first published in 2013, coined by venture capitalist Aileen Lee, choosing the unicorn, mythical animal to represent the statistical rarity of such successful ventures. Many unicorns saw their valuations fall in 2022 as a result of an economic slowdown caused by the COVID-19 pandemic, an increase in interest rates causing the cost of borrowing to grow, increased market volatility (finance), volatility, stricter regulatory scrutiny and underperformance. CB Insights identified 1,248 unicorns worldwide . Unicorns with over $10 billion in valuation have been designated as "decacorn" companies. For private companies valued over $100 billion, the terms "centicorn" and "hectocorn" have been used. History Aileen Lee originated the term "unicorn" in a 2013 ''TechCrunch'' article, "Welcome To The Unicorn Club: Learn ...
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