|
Groq
Groq, Inc. is an American artificial intelligence (AI) company that builds an AI accelerator application-specific integrated circuit (ASIC) that they call the Language Processing Unit (LPU) and related Computer hardware, hardware to accelerate the inference performance of AI workloads. Examples of the types AI workloads that run on Groq's LPU are: large language models (LLMs), image classification, anomaly detection, and predictive analysis. Groq is headquartered in Mountain View, California, Mountain View, CA, and has offices in San Jose, California, San Jose, CA, Liberty Lake, Washington, Liberty Lake, WA, Toronto, Toronto, Canada, London, London, U.K. and remote employees throughout North America and Europe. History Groq was founded in 2016 by a group of former Google engineers, led by Jonathan Ross, one of the designers of the Tensor Processing Unit (TPU), an AI accelerator ASIC, and Douglas Wightman, an entrepreneur and former engineer at Google X (known as X Development), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chamath Palihapitiya
Chamath Palihapitiya (born 3 September 1976) is a Sri Lankan-born Canadian-American venture capitalist and entrepreneur. He is the founder and chief executive officer (CEO) of Social Capital, and previously served as an early senior executive at Facebook from 2007 to 2011. Palihapitiya is known for his venture capital investments, work with Special-purpose acquisition companies (SPACs), his minority ownership in the Golden State Warriors, and as a co-host of the business and technology podcast '' All-In''. Early life and education Born in Sri Lanka to a family from Galle, Palihapitiya moved to Canada at age five when his father was posted to the High Commission of Sri Lanka in Ottawa. In 1986, when his father's diplomatic posting came to an end, the family sought asylum in Canada due to his father's criticism of violence against Tamils during the Sri Lankan Civil War. Growing up in difficult economic circumstances, Palihapitiya's father struggled with alcoholism and unemployme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Western Europe, with a population of 14.9 million. London stands on the River Thames in southeast England, at the head of a tidal estuary down to the North Sea, and has been a major settlement for nearly 2,000 years. Its ancient core and financial centre, the City of London, was founded by the Roman Empire, Romans as Londinium and has retained its medieval boundaries. The City of Westminster, to the west of the City of London, has been the centuries-long host of Government of the United Kingdom, the national government and Parliament of the United Kingdom, parliament. London grew rapidly 19th-century London, in the 19th century, becoming the world's List of largest cities throughout history, largest city at the time. Since the 19th cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
XTX Markets
XTX Markets Limited is a British algorithmic trading company based in London. It was founded in January 2015 by Alexander Gerko, who is currently co-CEO alongside Hans Buehler. The company employs over 250 people globally (as of 2024) and uses state-of-the-art machine learning technology to produce price forecasts for over 50,000 financial instruments across equities, fixed income, currencies, commodities and crypto. It uses those forecasts to trade on exchanges and alternative trading venues, and to offer differentiated liquidity directly to clients worldwide. The firm trades over $250bn a day across 35 countries. History The company is based in London, United Kingdom and was founded by Alexander Gerko in 2015, as a spin-off of GSA Capital. In 2016, XTX Markets was the ninth-largest liquidity provider in the foreign exchange market by volume; with a 3.87% market share. It was the first time a company that is not a bank placed in the top ten of the ''Euromoney'' survey. It is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GlobalCapital
''GlobalCapital'' is a news and data service covering the global debt and equity capital markets and is one of the branded business units of Delinian’s NextGen portfolio. The publication is targeted at bankers, issuers, lawyers, investors, regulators, trading platforms and other industry experts. History ''GlobalCapital'', previously known as ''Euroweek,'' started in 1987 by the financial publishing company Euromoney as a weekly printed newspaper covering capital markets. It was published each Friday. It printed its last physical edition in March 2020 as the world went into lockdown to fight the COVID-19 pandemic but by that stage was already a daily online news and data service. Nonetheless, it still produces a weekly online edition every Friday morning as well as a host of data sets, special reports and podcasts. Regular features include 'Southpaw', 'The GC View' and its two podcasts: ‘The GlobalCapital Podcast’ each Friday and ‘Another Fine Mezz’, which covers secu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GCM Grosvenor
GCM Grosvenor (Nasdaq: GCMG) is an American alternative asset management firm, with approximately $76 billion in assets under management and approximately 530 professionals as of 2023. GCM Grosvenor manages assets on behalf of a global client base across hedge fund strategies, private equity, real estate, infrastructure, and multi-asset class investments. The firm specializes in developing customized portfolios for clients who want an active role in their alternatives programs; it also provides multi-client portfolios for investors. Investment offerings include direct and co-investments, secondaries, and multi-manager portfolios. GCM Grosvenor's clients are mostly institutions, such as pension funds, sovereign wealth entities, financial institutions, corporations, insurance companies, charitable organizations, and endowments. GCM Grosvenor has more than $15 billion invested and committed to Environmental, Social and Governance (ESG) themes, and as a signatory to the Principles fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Addition (investment Firm)
Addition is an American venture capital firm based in New York City that invests in early and growth-stage technology companies. Background In March 2019, Lee Fixel, who was the Head of Tiger Global Management's private equity business, announced that he would be leaving the firm after 13 years with it. Fixel had played a significant role in expanding its private investment arm with successful investments in companies including Facebook, Spotify and Uber. Sources have stated that Fixel was tired of the decision-making process at Tiger Global Management where multiple partners had to approve each deal and that he would be unlikely to run the firm as the other partners were only several years older than him. In 2020, Fixel launched his firm named Addition. It is considered a Tiger Cub as it was spun out of one. In June 2020, Addition raised $1.3 billion for its first fund, Addition One Partners. A few months later, Addition raised $1.4 billion for its second fund. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
D1 Capital Partners
D1 Capital Partners is an American investment firm based in New York City. The firm invests in public and private markets globally. History and background D1 Capital Partners was founded in July 2018 by Daniel Sundheim, who is a minority owner of the Charlotte Hornets. "D1" stands for "Day One," a concept espoused by Amazon.com, Inc.'s Jeff Bezos as detailed in Amazon's 1997 Letter to Shareholders. Sundheim was previously the Chief Investment Officer of Viking Global Investors and put in more than $500 million of his own money to start the firm. D1 Capital Partners is usually grouped with other Tiger Cub funds due to the firm being spun out from one. The firm originally managed $3 billion of capital, which rose to $20 billion by the end of 2020 with annualized returns of nearly 30%. D1 returned 60% in 2020. In January 2021, the firm lost $4 billion (20% of its capital) due to the GameStop short squeeze. As of April 2021, D1 recouped about 90% of its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tiger Global Management
Tiger Global Management, LLC (often referred to as Tiger Global and formerly known as Tiger Technology) is an American investment firm founded by Chase Coleman III, a former Tiger Management employee under Julian Robertson, in March 2001. It mainly focuses on internet, software, consumer, and financial technology companies. Background and history Chase Coleman III was a protégé of Julian Robertson and from 1997 to 2000 worked as a technology analyst for the firm, Tiger Management. In 2000, Robertson closed Tiger Management, and entrusted Coleman with over $25 million to manage, making him one of the 30 or more so-called " Tiger Cubs", fund managers who started their fund management careers with Tiger Management. In 2001, Coleman established Tiger Technology (which would be later renamed to Tiger Global Management, LLC), as a hedge fund to invest in the public equity market. In 2003, Scott Shleifer helped Tiger Global expand into investing in the private equity marke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Capital (venture Capital)
Social Capital, formerly known as Social+Capital Partnership, is a venture capital firm based in Palo Alto, California. The firm specializes in technology startups, providing seed funding, venture capital, and private equity. The firm has "stood out strategically", according to ''Fortune'', "with a focus on ... healthcare, financial services and education ... when those fields were ... neglected by the VC community." History Social Capital was founded in 2011 by Chamath Palihapitiya, who had previously worked at Facebook. Mamoon Hamid and Ted Maidenberg also joined the firm that year as General Partners. In January 2015, ''Fortune'' reported that Kleiner Perkins was in acquisition talks with Social Capital, but the acquisition reportedly fell through. In May 2015, Social Capital raised $600 million in their third and largest venture capital fund. PayPal cofounder Peter Thiel praised Palihapitiya's approach, and as of 2015 served as a limited partner. In 2017, Marc Mezvinsky j ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
X Development
X Development LLC, doing business as X (formerly Google X), is an American semi-secret research and development facility and organization founded by Google in January 2010. X has its headquarters about a mile and a half from Google's corporate headquarters, the Googleplex, in Mountain View, California. X's mission is to invent and launch "moonshot" technologies that aim to make the world a radically better place. A moonshot is defined by X as the intersection of a big problem, a radical solution, and breakthrough technology. Work at X is overseen by entrepreneur scientist Astro Teller, as CEO and "Captain of Moonshots". The lab started with the development of Google's self-driving car. Active projects Chorus Chorus is a project that aims to improve the supply chain through sensors, software, and machine learning tools. The team had been working on the project for 3.5 years before it was revealed in March 2022. Graduated projects Glass Project Glass is a research and deve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
