AI, deep tech too new for private equity, says family office investor

Deep tech applications only became viable seven years ago, making it more suitable for venture capital (VC) investments compared with private equity (PE), according to a senior executive at Ferretto Capital, who added that within VC, the family office is eyeing industries such as healthcare, logistics and food services. James Wang, Ferretto Capital “Around 2015 or 2016 was when many AI (artificial intelligence) benchmarks finally reached human-level capability on specifi…