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Citing concerns about the rise of deepfakes and the potential abuses of facial recognition technology, Google CEO Sundar Pichai declared in an op-ed in the Financial Times that artificial intelligence should be more tightly regulated: “We need to be clear-eyed about what could go wrong” with A.I., Pichai wrote. The Alphabet and Google executive wrote about the positive developments that A.I. ...
Planet Smart City has secured £20.5m funding. The London-headquartered provider of smart affordable housing secured the investment from existing and new investors, taking the total amount raised since the company’s inception to €100m. The PropTech improves quality of life for residents and fosters communities by providing superior infrastructure, urban planning, sustainability and technolog...
For the past eight years, I’ve spent every day of my professional life enabling an industry that is responsible for nearly 40% of global climate emissions. I don’t work for an oil or gas company. I don’t work for an airline. I’m an architect. The environmental impacts of the built environment are staggering.
RealVantage, Singapore’s first online real estate co-investment platform that acquires, manages, and optimises offshore real estate portfolios for accredited investors, founded by a team with institutional investment experience, launched on Jan 16.
RealVantage brings accredited investors offshore investment opportunities across various real estate classes and investment strategies.
By laun...
That is Brendan Wallace’s reasoning behind the launch this week of Fifth Wall’s $200m (£153m) Carbon Impact Fund. Speaking to EG, Fifth Wall’s co-founder and managing partner warns that 2020 will be the year everyone realises that, above all else, climate change is “a real estate problem” as he urges the sector to prepare for a “pitchfork moment”. He adds that as the general publi...
Proptech is the big buzzword in real estate and for good reason: It’s disrupting just about every aspect of the industry and interest is at a fever pitch. Global investment in proptech companies has grown from US$1B in 2012 to US$18B in 2018, according to the latest numbers by Statista. So exactly what is proptech? It’s a broad term that includes everything from data, AI, machine learning, mob...
Simon Property Group and Brookfield Property Partners have struck separate deals with Allied Esports Entertainment, an esports company, as part of a plan to open new-concept Allied Esports venues at both Simon and Brookfield retail properties. The first of the new venues will open at Simon Property's Mall of Georgia in Buford, Georgia, and will be a 13K SF, two-level facility with PCs and conso...
New Yorkers have long shared apartments in order to afford the city’s famously high rents. This, of course, often entails hunting down an apartment with a real estate agent — and paying a broker’s fee, plus a hefty deposit — then furnishing the place, lining up roommates and getting electricity and internet service up and running.
Last November, Axios reported that New Enterprise Associates partner Dayna Grayson was leaving the storied venture firm after roughly six years to launch her own shop in Washington, D.C., called Construct Capital. Today, we know Grayson has company, no pun intended. Rachel Holt, one of Uber’s first employees and until now its head of new mobility, announced this mornin...
Proptech startup Flow, which last year raised R20-million in a seed round, is set to close a second seed round at the end of this month, the Johannesburg based company’s CEO Gil Sperling revealed today. Sperling (pictured above, middle, with co-founders Daniel Levy, right and Jonathan Liebmann, left) confirmed in a call with Ventureburn today that Vunani Capital is participating in the...