Artificial Intelligence
Alpha Sigma Capital and Transform Ventures Create New Holding Company to Accelerate Blockchain Investment and Innovation, Launching Two New Funds
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MIAMI, FLORIDA, March 09, 2023 (GLOBE NEWSWIRE) — Alpha Sigma Capital, announced today an investment from Transform Ventures and its founder, Michael Terpin, into its new holding company, Alpha Transform Holdings.
Alpha Transform Holdings, Inc. (ATH) has been created by the merger of select assets from early blockchain investor and innovator Michael Terpin’s investment vehicle, Transform Ventures, and Alpha Sigma Capital’s parent company, creating a new holding company. The new company will also create two new funds with a total of $100 mm AUM.
The new assets include majority ownership in Content Syndicate, a Transform Ventures spin-out best known for its pioneering news service, BlockchainWire. Transform Strategies will also integrate its market-leading strategy and advisory services with Alpha Sigma’s existing research, strategy, and token financing facility offerings to create a powerful “one-stop shop” for digital asset companies, foundations, and projects of all sizes and orientations. The investment includes funding for the Alpha Transform Holdings parent company, the new Alpha Liquid digital asset fund, and a closed-end venture capital firm for early-stage equity investments in blockchain, AI, and emerging technology companies, the Aegean Fund.
Terpin also made a personal investment in cash, Bitcoin, and Ethereum of $2.65 million, with an option to invest an additional $2.9 million.
Alpha Sigma Capital launched in 2020, with a blockchain/Web3 founding fund that has successfully delivered alpha for the past three years, with a total fund performance of 1400 percent (14x capital invested). The Alpha Sigma Capital approach to investing is based on investing in high-performing teams, focusing on risk management, and focusing on results has proven out since inception.
“The ATH vision is to shepherd in a new era of financial and technological innovation leveraging decentralization, blockchain technology, and Web3 infrastructure,” said Enzo Villani, Alpha Transform Holdings CEO, and Chief Investment Officer. “The Alpha Transform model is to continue to support our portfolio companies with strategic advisory, acceleration, and capital to drive innovation and success.”
Michael Terpin commented, “Enzo and I have worked together in different capacities going back to NASDAQ’s strategic partnership with MarketWire, and then at Transform Group, where he expanded our Transform Strategies group. Officially combining these assets and advisory networks under one umbrella accelerates both businesses and our portfolio companies.”
ATH has three complementary areas of focus:
- Asset Management: Investment arm, including Alpha Sigma Capital Web3 Fund, Alpha Liquid, and Aegean Ventures.
- Alpha Transform Products: Alpha Sigma Capital Research, Blockchain Wire, and Content Syndicate distribution and market intelligence products service clients, portfolio managers, and our limited partners with content and data.
- Alpha Transform Strategies: A combined group led by Michael Terpin and Enzo Villani to provide end-to-end solutions for digital asset companies including management consulting, strategy, advisory, funding, and investor/token relations.
The ATH model leverages ”Buy and Build” strategies to create a diversified Web3 holding organization that assists its portfolio and balance sheet companies to manage the full lifecycle. The core business model focuses on three key objectives:
- Invest in Scale: Consolidation of blockchain economy companies that are in the growth phase including fintech, DeFi, CeFi, SaaS, and Dapps. Utilize both balance sheet and investment funds to acquire and invest in rising growth-oriented firms seeking scale.
- Innovate and Incubate: Develop strategies to invest in early-stage and incubate blockchain companies and Web3 applications. Build investments in top-tier seed to Series A funds, as well as Terpin’s global BitAngels investor network and CoinAgenda global blockchain investor conference series, to gain access to deal flow.
- Integration: ATH will create opportunities to service clients, investors, and stakeholders across multiple businesses and asset classes.
About Alpha Transform Holdings
Alpha Transform Holdings (ATH) is a new holding company created from the merger of strategic assets controlled by Enzo Villani of Alpha Sigma Capital and Michael Terpin of Transform Ventures. These assets include combining our market-leading advisory services with Alpha Sigma’s existing research, strategy, and token facility offerings to create a powerful “one-stop shop” for digital asset companies, foundations, and projects of all sizes and orientations. www.alphatransform.io
Alpha Sigma Capital Funds is a pioneering digital asset fund focused on the blockchain economy and the shift to a decentralized Web3 infrastructure. Alpha Sigma Capital invests in companies and decentralized projects that are leveraging blockchain technology to provide demonstrable change and efficiency in financial services, artificial intelligence, supply chain, gaming, healthcare technology, and ESG. Alpha Sigma Capital works closely with its founders to drive value and create outsized returns. The Fund’s research team is well known for its in-depth research and distinct analysis of growing blockchain companies. Apply to receive our research newsletter at www.alphasigma.fund/research.
Disclaimer / Regulation D 506c
FUND DISCLAIMER
ANY HISTORICAL PERFORMANCE DATA REPRESENTS PAST PERFORMANCE. PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS; CURRENT PERFORMANCE MAY BE DIFFERENT THAN THE PERFORMANCE DATA PRESENTED; THE COMPANY IS NOT REQUIRED BY LAW TO FOLLOW ANY STANDARD METHODOLOGY WHEN CALCULATING AND REPRESENTING PERFORMANCE DATA; THE PERFORMANCE OF THE COMPANY MAY NOT BE DIRECTLY COMPARABLE TO THE PERFORMANCE OF OTHER PRIVATE OR REGISTERED FUNDS OR COMPANIES; THE SECURITIES ARE BEING OFFERED IN RELIANCE ON AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS, AND THEREFORE ARE NOT REQUIRED TO COMPLY WITH CERTAIN SPECIFIC DISCLOSURE REQUIREMENTS; THE SECURITIES AND EXCHANGE COMMISSION HAS NOT PASSED UPON THE MERITS OF OR APPROVED THE SECURITIES, THE TERMS OF THE OFFERING, OR THE ACCURACY OF THE MATERIALS. THESE RESULTS HAVE NOT BEEN VERIFIED BY ANY THIRD PARTY INCLUDING A THIRD-PARTY AUDITOR.
NOT A SOLICITATION OR OFFER
This presentation is not an offer to sell or the solicitation of an offer to purchase any securities. Any such offer or solicitation would be made to accredited investors by means of a private placement memorandum and other documents that provide detailed information about the Alpha Sigma Capital Fund, LP. This presentation is not to be relied upon in any way by any person in evaluating an investment decision.
DISCLAIMER
This presentation and the information presented herein are strictly confidential and may not be distributed to any person or entity other than the recipients hereof. This presentation shall not constitute an offer to sell or the solicitation of any offer to buy interests in Alpha Sigma Capital which may only be made at the time a qualified offeree receives the applicable Alpha Sigma Capital’s confidential subscription documents and governing documents (collectively, the “Alpha Sigma Operative Documents”). The key Alpha Sigma Capital terms summarized in this presentation are not intended to be complete and material aspects of the terms may change over time. In the case of any inconsistency between the descriptions or terms in this presentation and the Alpha Sigma Operative Documents, the Alpha Sigma Operative Documents shall control. While the information prepared in this presentation is believed to be accurate, neither Alpha Sigma Capital (“Alpha Sigma”) nor any of its affiliates or representatives (i) makes any express or implied warranty as to the completeness or accuracy of this presentation, (ii) shall be liable for errors appearing in this presentation or (iii) has any duty to update this presentation or any of the information contained herein. There is no guarantee that the investment objective will be achieved. Past performance should not be construed as an indicator of future performance. Certain information contained herein constitutes “forward-looking statements,” which can be identified by the use of terms such as “may”, “will”, “should”, “expect”, “anticipate”, “project”, “estimate”, “intend”, “continue,” “target” or “believe” (or the negatives thereof) or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or actual performance of the funds may differ materially from those reflected or contemplated in such forward-looking statements. As a result, investors should not rely on such forward-looking statements in making their investment decisions. No representation or warranty is made as to future performance or such forward-looking statements. The information herein is not intended to provide, and should not be relied upon, accounting, legal or tax advice or investment recommendations. A recipient of this presentation should consult his or her tax, legal, accounting, or other advisors about the matters discussed herein. Alpha Sigma Capital may modify its investment approach in the future without notice to the investors in a manner that Alpha Sigma believes is consistent with Alpha Sigma Capital’s overall investment objectives. An investment in Alpha Sigma Capital is speculative and involves a high degree of risk. Opportunities for the transferability of interests of Alpha Sigma Capital will be restricted, so investors may not have access to capital when it is needed. No secondary market for the interests of Alpha Sigma Capital is expected to develop. Leverage may be employed which can make investment performance volatile. An investor should not make an investment unless it is prepared to lose all or a substantial portion of the investment. The fees and expenses charged in connection with this investment may be higher than the fees and expenses of other investment alternatives and may offset profits. The investment examples highlighted in this presentation are presented solely for illustrative purposes only.
CONTACT Information: [email protected]
Tailored, lightweight AI models facilitate rapid deployment with low overhead
LAS VEGAS, April 17, 2024 /PRNewswire/ — SAS INNOVATE — Today at SAS Innovate, SAS – a pioneer in data and AI solutions – unveiled a game-changing approach for organizations to tackle business challenges head-on. Introducing lightweight, industry-specific AI models for individual license, SAS is equipping organizations with readily deployable AI technology to productionize real-world use cases with unparalleled efficiency.
AI software provider SAS is uniquely positioned to flex its decades of expertise in applying scalable and trustworthy AI models for prominent global financial, health care, and manufacturing brands, as well as government institutions.
“SAS is evolving its portfolio to meet wider user needs and capture market share with innovative new offerings,” said Chandana Gopal, Research Director, Future of Intelligence, IDC. “An area that is ripe for SAS is productizing models built on SAS’ core assets, talent and IP from its wealth of experience working with customers to solve industry problems.”
In today’s market, the consumption of models is primarily focused on large language models (LLMs) for generative AI. In reality, LLMs are a very small part of the modeling needs of real-world production deployments of AI and decision making for businesses. With the new offering, SAS is moving beyond LLMs and delivering industry-proven deterministic AI models for industries that span use cases such as fraud detection, supply chain optimization, entity management, document conversation and health care payment integrity and more.
Unlike traditional AI implementations that can be cumbersome and time-consuming, SAS’ industry-specific models are engineered for quick integration, enabling organizations to operationalize trustworthy AI technology and accelerate the realization of tangible benefits and trusted results.
Expanding market footprintOrganizations are facing pressure to compete effectively and are looking to AI to gain an edge. At the same time, staffing data science teams has never been more challenging due to AI skills shortages. Consequently, businesses are demanding agility in using AI to solve problems and require flexible AI solutions to quickly drive business outcomes. SAS’ easy-to-use, yet powerful models tuned for the enterprise enable organizations to benefit from a half-century of SAS’ leadership across industries.
Delivering industry models as packaged offerings is one outcome of SAS’ commitment of $1 billion to AI-powered industry solutions. As outlined in the May 2023 announcement, the investment in AI builds on SAS’ decades long focus on providing packaged solutions to address industry challenges in banking, government, health care and more.
“Models are the perfect complement to our existing solutions and SAS Viya platform offerings and cater to diverse business needs across various audiences, ensuring that innovation reaches every corner of our ecosystem,” said Udo Sglavo, Vice President for AI and Analytics, SAS. “By tailoring our approach to understanding specific industry needs, our frameworks empower businesses to flourish in their distinctive environments.”
Bringing AI to the massesSAS is democratizing AI by offering out-of-the-box, lightweight AI models – making AI accessible regardless of skill set – starting with an AI assistant for warehouse space optimization. Leveraging technology like large language models, these assistants cater to nontechnical users, translating interactions into optimized workflows seamlessly and aiding in faster planning decisions.
“SAS Models provide organizations with flexible, timely and accessible AI that aligns with industry challenges,” said Sglavo. “Whether you’re embarking on your AI journey or seeking to accelerate the expansion of AI across your enterprise, SAS offers unparalleled depth and breadth in addressing your business’s unique needs.”
The first SAS Models are expected to be generally available later this year. Learn more about SAS Applied AI and Modeling here: https://blogs.sas.com/content/tag/applied-ai-modeling/.
Today’s announcement was made at SAS Innovate, the data and AI experience for business leaders, technical users and SAS Partners. Keep up with the latest news from SAS by following @SASsoftwareNews on X/Twitter.
About SASSAS is a global leader in data and AI. With SAS software and industry-specific solutions, organizations transform data into trusted decisions. SAS gives you THE POWER TO KNOW®.
SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2024 SAS Institute Inc. All rights reserved.
Editorial Contact:Jennifer [email protected] 202-210-4180 sas.com/news
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Leading data and AI platform helps explain and integrate large language models to augment existing processes; SAS Data Maker will address critical challenges without compromising sensitive data
LAS VEGAS, April 17, 2024 /PRNewswire/ — SAS INNOVATE — So many organizations have jumped on the GenAI bandwagon in the last year, but are those efforts delivering results yet? If the organization uses the SAS® Viya® data and AI platform, the answer is a resounding yes. Infused with large language model (LLM) orchestration strength, SAS Viya is already helping customers accelerate efficiency and productivity. Throughout 2024, SAS will continue delivering innovation by broadening its trustworthy GenAI footprint with the introduction of its own synthetic data generator – SAS Data Maker – and by offering industry-specific GenAI assistants.
Learn more about Viya LLM orchestration and other GenAI capabilities in this solution brief: Accelerate productivity with generative AI and SAS Viya.
“SAS’ guiding principle is everyone should be able to query data and perform complex analytical operations in every phase of the data and analytics life cycle, and generative AI is crucial in this democratization journey,” said Wiktor Markiewicz, Senior Market Research Analyst at IDC. “But most leaders don’t understand AI technology and how they can apply it meaningfully. Having an already trusted data and AI platform available removes the guesswork and kickstarts the generative AI journey.”
Georgia-Pacific and wienerberger rely on Viya for AI and GenAI capabilitiesManufacturer Georgia-Pacific is a SAS customer using Viya. “When challenges emerge with our manufacturing equipment or process, we leverage sensor data, business rules, recommender systems and generative AI to suggest the appropriate next best action and resolve the problem,” said Roshan Shah, Vice President, Collaboration & Support Center, Georgia-Pacific. “Streaming analytics and intelligent decision management support from SAS Viya helps us capture immediate value by making the right decisions as events occur.”
About Georgia-Pacific, SAS Executive Vice President and CTO Bryan Harris said, “One of SAS’ core strengths is our deep bench of industry knowledge. We understand manufacturing, and we understand Georgia-Pacific’s unique challenges. We help them appropriately scale LLM orchestration and manufacturing-specific GenAI assistant strategies so their employees can use those cutting-edge applications to troubleshoot real-time operational issues.”
Global brick manufacturer wienerberger also uses SAS for AI support. The company reduces energy consumption, cuts greenhouse gas emissions and improves product quality using SAS on Microsoft Azure. “We use AI and IoT analytics from SAS to connect all our data streams and analyze the entire production process,” said Florian Zittmayr, Team Lead for Data Science at wienerberger. “SAS Analytics brings intelligence to the kiln by helping our engineers and employees to gain valuable information about each step and identify specific target values to make the drying and firing of bricks more economical.”
And a global consumer goods manufacturer uses Viya and its GenAI capabilities to optimize warehouse space, allocate inbound shipments and compare “what-if” scenarios based on product demand. SAS helped develop an LLM-based digital assistant by dynamically updating SAS Visual Analytics dashboards so the company’s supply chain teams can easily save time and improve warehouse space usage with in-depth analytics. This conversational assistant allows both technical and business users to generate fast and accurate results and improve decision making using SAS’ trustworthy, explainable analytics.
Organizations are enthusiastic about adopting and deploying GenAI, but there’s often a gap between preparedness and execution. Learn more by reading the US Executive Summary from a new study: Generative AI Challenges and Potential Unveiled: How to Achieve a Competitive Advantage.
Viya stands out in the GenAI crowd because of pragmatic, industry-driven applicationsAs organizations explore GenAI, SAS prioritizes identifying industry-driven and ethically applied use cases. SAS enables secure adoption and fosters accelerated productivity and trusted results across diverse industries and regulatory landscapes. SAS’ GenAI functionality lives in leading products like Viya and SAS Customer Intelligence 360:
GenAI orchestration: Viya integrates external GenAI models with existing business processes and systems, orchestrating LLMs for end-to-end enterprise use cases. These capabilities are now available in SAS Viya.Viya Copilot: Enhances productivity for developers, data scientists and business users with a personal assistant that accelerates analytical, business and industry tasks. Viya Copilot offers diverse tools for tasks like code generation, data cleaning, data exploration, marketing planning, journey design and knowledge gap analysis. The first iteration of Viya Copilot is available through an invitation-only private preview.SAS Data Maker: Addresses data privacy and scarcity challenges by generating high-quality synthetic tabular data without compromising sensitive information, enabling organizations to address data privacy. SAS Data Maker is now available in private preview.Customer engagement. SAS continues to infuse GenAI capabilities into its flagship MarTech solution, SAS Customer Intelligence 360, to help marketers elevate the customer experience. SAS Customer Intelligence 360 already offers GenAI assistance on streamlining marketing planning, journey design and content and creative development. SAS is now introducing three new capabilities in SAS Customer Intelligence 360 for marketers: using GenAI to build recommended audiences based on natural language prompts, a chat experience to interpret audience data and a GenAI suggestion service for email subject lines.The GenAI functionality of Viya makes a meaningful difference to customers planning to:
Accelerate innovation: Seamlessly integrate GenAI models into decisioning workflows, AI/ML applications and existing business processes by using decisioning flow tools like SAS Intelligent Decisioning.Protect data: Support user privacy and security with robust data quality measures, including synthetic data generation, data minimization, anonymization and encryption, so sensitive information remains safeguarded.Create trustworthy and explainable results: Data experts can apply natural language processing techniques to preprocess data and explain the generated output, minimizing hallucinations and token costs.Enhance governance: Use built-in tools to create workflows that validate the life cycle of LLMs, including model risk management.Make more precise decisions: Quantitative decisioning capabilities, critical for successful GenAI reasoning, are built into the Viya platform.Today’s announcement was made at SAS Innovate, the data and AI experience for business leaders, technical users and SAS Partners. Keep up with the latest news from SAS by following @SASsoftwareNews on X/Twitter.
About SASSAS is a global leader in data and AI. With SAS software and industry-specific solutions, organizations transform data into trusted decisions. SAS gives you THE POWER TO KNOW®.
SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2024 SAS Institute Inc. All rights reserved.
Editorial Contact:Laura Fleek [email protected] 214-803-6692sas.com/news
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Artificial Intelligence
LTA’s Padel Programme Teams Up with Skylab for Enhanced Performance Analytics
MANCHESTER, England, April 17, 2024 /PRNewswire/ — Skylab, a UK-based specialist in sports technology and performance analysis, proudly announces its partnership with LTA Padel, solidifying its position as a premier provider of specialised services in the sports industry. This collaboration underscores Skylab’s commitment to excellence and showcases its ability to deliver innovative and diverse solutions tailored specifically for elite sports organisations like LTA Padel.
The LTA’s Padel performance programme in Great Britain will utilise Skylab’s Game Intelligence product and Performance Analysis services. The software will empower athletes and coaches alike with interactive and detailed match data, seamlessly integrated into intuitive dashboards that create automated video playlists. The Padel team at the LTA will gain a deeper understanding of padel at the elite level to support their talent identification, player pathway and coaching strategies as they strive to compete with the world’s best.
“Previously, Padel players lacked accurate and robust performance data, which made it impossible to analyse the opposition in detail. Coaches couldn’t answer their players’ key performance questions quickly, and performance directors had to rely on gut feeling and experience when evidencing what elite Padel looks like. However, our product and services provide practitioners with insights into the technical and tactical aspects of the game, as well as the physical demands required for elite-level performance. This allows practitioners to understand and predict the future performance of their players, enabling them to make data-informed decisions” says Ciaran Skinner, Business Development Manager, Skylab.
Skylab is a first-of-its-kind sports technology firm, offering tailored, market-leading Performance Analysis services and bespoke web platforms to elite sporting clients. It revolutionises how elite sports teams and individuals interact, use, and visualise their data. By packaging performance analysis with industry leading UX and bespoke software, partners will be in the position to make better decisions in sport.
For more information about Skylab and its services, please visit skylab.com or contact [email protected]
Notes
Website: www.skylab.com
https://skylab.com/padel-performance-insights/
Social:
LinkedIn – Skylab: https://www.linkedin.com/company/studio-skylab
LinkedIn – Skylab: Elite Performance Analysis: www.linkedin.com/company/skylab-epa/
About Skylab
Skylab is a first-of-its-kind sports technology firm, offering tailored, market-leading Performance Analysis services and bespoke web platforms to elite sporting clients. It revolutionises how elite sports teams and individuals interact, use, and visualise their data. By packaging performance analysis with industry leading UX and bespoke software, partners will be in the position to make better decisions in sport. Current clients include elite teams and organisations across Padel, Football, Athletics, Tennis, Rowing and more.
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