Investing in d-Matrix

In the race to harness the transformative power of AI, the true battleground lies in inference—the stage where trained models are deployed to make real-time decisions. Reducing compute costs is the key to unlocking AI’s full potential. Over the past year, generative AI, driven by transformer models, has demanded significant compute power. Yet, its adoption […]

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Mirae Asset acquires Australian robo-adviser Stockspot

SEOUL, Aug. 18 (UPI) — South Korea’s Mirae Asset Global Investments said Wednesday that it had acquired Australia’s leading robo-adviser Stockspot at $18 million. The Seoul-based financial outfit will acquire a 53% stake with the investment and plans to purchase the remaining stake later. Since its foundation in 2013, Stockspot has surfaced as the No. […]

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Mirae Asset’s Global ETF Business Surpasses $100 Billion AUM

HONG KONG, July 18, 2023 /PRNewswire/ — Mirae Asset Global Investments (Mirae Asset), a leading global investment manager, is proud to announce that its ETF business has surpassed $100 billion[1] in assets under management (AUM). This significant milestone reflects Mirae Asset’s strong position in the investment industry and follows sustained demand for its innovative ETF […]

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Mirae Asset Global Investments India celebrates 15th…

Mirae Asset Global Investments India marked the 15th anniversary of its operations in India, the company announced Wednesday. Entering the Indian market by starting a fund in 2008, Mirae Asset Global Investments is the only asset management company there independently run by an overseas fund. Most global asset management companies have withdrawn from the Indian […]

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Investing in Cohere

In 2017, a seminal paper by a team of eight Google researchers titled “Attention Is All You Need,” commonly known as the Transformer Paper, laid the foundation for a technological revolution. This paper introduced the concept of self-attention mechanisms in Transformers, a critical advancement that allowed computers to understand long-range dependencies and the semantic structure […]

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Global X ETFs Completes Conversion of Two Mutual Funds to Actively Managed Emerging Market ETFs

Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), has announced the completion of the conversion of two actively managed mutual funds (the “Predecessor Funds”), previously advised by Mirae Asset Global Investments (USA) LLC , an affiliate, into two actively managed ETFs. The Global X Emerging Markets Great Consumer ETF (EMC) and the […]

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