D1’s Dan Sundheim and SurgoCap’s Mala Gaonkar spoke about investing in AI a Chicago conference.Sundheim said it won’t be private companies leading this tech change for once.Gaonkar said the most promising industry for short-term AI advances is the medical technology field. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. The best way to invest…
Author: user
Moonfare is sourcing growth equity investments from relationship GPs, offering them as direct investment opportunities to its deeper-pocketed users. Direct investing is only available to users with greater financial resources, such as single-family offices and ultra-high-net-worth individuals, Moonfare founder and co-CEO Steffen Pauls told Private Funds CFO. The company is making direct investing available to people who prefer to make targeted bets and have high levels of relevant knowledge. “They can benefit from a pick-and-choose approach if they have certain areas that they prefer, where they have expertise, where they have high convictions, they might enter into the core investment,”…
While it’s uncommon to encounter an entirely original, unrestored ‘Cuda, the vehicle featured in these photos is a tantalizing example. However, there’s a twist: it’s not entirely untouched. Despite its impressive exterior and interior, the car’s engine has been swapped, which may be a deal-breaker for some enthusiasts. The ‘Cuda’s paint is largely original, though there are a few blemishes, including a mall dent on the roof and what appears to be a repainted passenger side. The interior is in excellent condition, with original carpet and other features, but a closer inspection is recommended to verify its authenticity. Cuda with…
Once a trustworthy path to meet climate goals, carbon offsets are losing favor among many top corporations. Companies like Delta Airlines, Google, and EasyJet were once top buyers of these credits. But now they have stepped back or have completely stopped purchasing offsets related particularly to renewable energy projects. Renewable-Energy Offsets Lose Steam This change in mindset reflects that such carbon offsets do not deliver the environmental benefits they promise. Instead of buying offsets, many companies are trying to directly reduce their emissions. This process is tougher and costlier than buying offsets. A Bloomberg Green analysis of public offset transaction…
Nissan’s American lineup is finally getting a much-needed refresh. The automaker has introduced three new crossover and SUV models: the 2025 Kicks, Murano, and Armada. The Kicks, now in its second generation, boasts a more mature appearance and advanced technology while maintaining its playful character. The Armada, on the other hand, is a complete overhaul with a fresh design, a high-tech interior, and a powerful twin-turbo V6 engine. Sitting between these two is the fourth-generation Murano. Despite sharing design cues with other Nissan models like the Kicks and Ariya, the Murano has a distinct and elegant look. Nissan Refreshes 2025…
Asen Zahariev and his team at Tossa R have crafted a stunning cafe racer that redefines the Honda CX500. This motorcycle is more than just a cosmetic overhaul; it’s a mechanical masterpiece, showcasing the shop’s expertise in transforming classic bikes into performance-driven machines. Starting with a worn-out Honda CX500, Tossa R meticulously rebuilt the bike from the ground up. A new steel subframe and a sleek seat pan were added, while the suspension was upgraded with premium components from a Yamaha R1 and an Ohlin’s shock absorber. The brakes were also enhanced with powerful calipers and discs from the R1,…
Regional lender New York Community Bancorp (NYCB) offered a new reminder Friday that commercial real estate problems are not totally in the rear-view mirror of US banks. The Hicksville, N.Y.-based regional lender posted higher loan loss provisions and loan write-offs in the third quarter than Wall Street expected. It also reported its fourth consecutive quarterly loss, of $280 million, and delayed its goal of turning profitable by a year to 2026. Its stock was down more than 8% Friday morning. As of Friday morning, it has fallen 66% since the beginning of the year. NYCB is a big lender to…
Earth Motorcycles, a European custom bike powerhouse, has been making waves since its inception in 2017. Led by the talented duo of Vlado Dinga and Ales Tomis, this Croatian workshop has carved a niche for itself with its unique and stunning custom builds. Their passion for BMW motorcycles is evident in their portfolio, which features numerous transformed airheads. One such masterpiece is the Halier, a 1993 BMW R 100 RT that underwent a complete overhaul. Earth Motorcycles Transforms 1993 BMW R 100 RT into a Modern Bobber (Marian Svitek) Starting from a dilapidated state, the Halier was meticulously restored and…
Filippo Barbacane, a master of Moto Guzzi customization, has once again showcased his exceptional talent with the Hadria, a stunning one off Bellagio. Renowned for his meticulous attention to detail and innovative designs, Barbacane’s Officine Rossopuro has produced countless breathtaking motorcycles. This particular project started with a 2010 Bellagio 940, which was stripped down to its bare essentials. From there, Barbacane started on a journey of transformation, crafting a truly unique motorcycle. The Hadria’s most striking feature is its custom built aluminum fuel tank. With its angular design and knee indentations, the tank not only enhances the motorcycle’s aesthetics but…
A deadly E. coli outbreak linked to McDonald’s Quarter Pounders has led to 75 cases in 13 states, the Centers for Disease Control and Prevention said Friday, as it investigates the source of the spread. The outbreak has led to 22 hospitalizations and one previously reported death of an older adult in Colorado.Out of 61 patients with information available, 22 have been hospitalized and two people have developed a serious condition that can cause kidney failure, called hemolytic uremic syndrome. All of the 42 people who were interviewed by the CDC reported eating at McDonald’s, while 39 people reported eating a…