Bloomberg Technology
DeFi Is What Fintech Always Wanted to Be: Blockchain Capital
May.24 — Blockchain Capital Partner Spencer Bogart discusses the continuing volatility of Bitcoin and whether investors should be concerned. He also talks about decentralized finance, also known as DeFi, and how important it may be to the adoption of cryptocurrency. He speaks with Bloomberg’s Joe Weisenthal and Emily Chang on “Bloomberg Technology.”
Bloomberg Technology
Dazzle Wants to Turn Your Camera Roll Into an AI Assistant
Dazzle is betting the next generation of personal AI should know more about you before you even ask a question. The startup uses photos and screenshots in a user’s camera roll to understand their interests, relationships, travel and belongings — then helps take actions, from finding a product and arranging a repair to planning activities…
Bloomberg Technology
Sequoia, Nvidia Back Mecka AI’s Robotics Push
Mecka AI has raised $60 million in Series B funding led by Sequoia Capital, with backing from Nvidia, Microsoft’s M12 and Qualcomm, as it builds technology to help robots understand and operate in the physical world. CEO and cofounder Josh Gao discusses the enormous data challenge facing robotics, how Mecka captures everything from physical interactions…
Bloomberg Technology
BofA Sees Strong Demand for OpenAI, Anthropic IPOs
Bank of America’s JD Moriarty says public markets have the capacity to absorb massive potential IPOs from companies including OpenAI and Anthropic, pointing to SpaceX’s listing as evidence of strong institutional and retail demand for transformational technology companies. He discusses how abundant private capital has changed the traditional IPO playbook and what the pipeline could…
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nparviz82
May 25, 2021 at 12:58 am
boomers are still a sleep .
Barnett
May 25, 2021 at 1:07 am
DeFi has promise, but it’s hard to imagine it will gain mass adoption any time soon – too much friction for normies. The anchor also has a point – right now it’s just a bunch of people speculating that a better use case will come of the token rather than anyone actually using the defi protocol for real-world usage. At the end of the day, it’s just way easier to go to the bank for a loan, than going through the hoops and hurdles of getting one through defi.