- DBS digiPortfolio: a team of portfolio managers curates the portfolio and monitors the market, initiating rebalances where required. This is supplemented by automation of back-testing, rebalancing, monitoring, and display of all trade activities. It aims to attract non-investors and will be implemented end 2019. Developed in partnership with HK based robo-advice startup, Quantifeed.
- Razer opens Malaysian HQ, plans for it to be a fintech and talent development hub.
- A telemedicine cabin developed by French firm Health for Humanity (H4D) allows a doctor hundreds of miles away from a patient measure their pulse rate, temperature and blood oxygen level, making it easier to provide healthcare in remote areas.
- Intel creates the Cryogenic Wafer Prober, which allows researchers to test qubits on silicon wafers at temperatures of just a few Kelvins. This allows scaling up of silicon quantum computers manufacturing. Current QC processors are tested for months in a low-temp dilution refrigeration. The Prober can collects information such as sources of quantum noise, quality of quantum dotes, and materials that can be used to create the spin cubits within minutes.
- The growth of China’s P2P lending has drastically reversed, with total loan amount at 91.4 billion yuan, down 55.1% year on year. In 2018, fraudulent business models, poor loans, and company shut downs led to stricter governmental regulations on P2P lending. China still remains a favorite as a leader in fintech financing globally.
- DeepMind brings wind output predictions closer to accuracy. The algorithms were trained on historical weather data and the year’s worth of wind power output. The industry has been using AI for years to refine wind prediction, but difficulties remain – of these are unexpected external factors. DeepMind aims to predict wind output 36 hours in advance so energy sources can be scheduled in response, boosting value of wind energy.
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