Domino Data Lab provides data science teams with an open data platform for enterprises to manage and scale data science. Founded by Chris Yang, Matthew Granade, and Nick Elprin in 2013, Domino Data Lab is backed by investors that include Coatue Management, Sequoia Capital, Dell Technologies Capital, Slow Ventures, and Bloomberg Beta and is headquartered in San Francisco.
Reporting by Helen Popkin, Aayushi Pratap and Nina Wolpow
The Covid-19 pandemic was devastating for many industries, but it only accelerated the use of artificial intelligence across the U.S. economy. Amid the crisis, companies scrambled to create new services for remote workers and students, beef up online shopping and dining options, make customer call centers more efficient and speed development of important new drugs.
Even as applications of machine learning and perception platforms become commonplace, a thick layer of hype and fuzzy jargon clings to AI-enabled software.That makes it tough to identify the most compelling companies in the spaceâespecially those finding new ways to use AI that create value by making humans more efficient, not redundant.
Finance. Here s a rundown of the must-know stories from the past week:
Lee Ainslie tells investors Maverick Capital is poised to take advantage of the post-GameStop-frenzy
How
The inside track on the next big innovations in IPOs and direct listings
Read our roundup of Wall Street power moves
If this email was forwarded to you, sign up here to get your daily dose of the stories dominating banking, business, and big deals.
Advertisement
Generation Robinhood: How the trading app conditioned inexperienced users to obsessively play the market
The app aims to make trading easy and fun for a simple reason: The more users trade, the more money Robinhood makes. The startup s business model, in fact, is based in large part on what is known as payment for order flow (PFOF) - taking the buy and sell orders that users place and selling them directly to large trading firms.
Steve Marcus/Reuters
Another senior Point72 data executive is departing the hedge fund.
Kirk McKeown, who led proprietary research, is leaving to start a business, sources told Insider.
In December, Matthew Granade, who oversaw the fund s data efforts, left amid a firm reorganization.
Another top data executive is out at Point72.
Kirk McKeown, who led proprietary research at the hedge fund, has left the firm, according to people familiar with the matter and an internal memo seen by Insider.
McKeown, who joined the firm eight years ago and created its Canvas Fundamental Research Group, had been deliberating his departure for weeks and is leaving to start a data and research company, according to the memo.