Kazakhstan’s Alem Capital Management has anchored a regional venture capital fund backing technology startups across Central Asia and the Caucasus, marking the fund-of-funds manager’s first publicly disclosed investment in the region’s startup ecosystem. Alem participated in the $25 million final close of Sturgeon Capital’s Emerging Opportunities II fund, joining existing and new investors including the […]<br /> This story continues at The Next Web [...]
Alembic Technologies has raised $145 million in Series B and growth funding at a valuation 13 times higher than its previous round, betting that the next competitive advantage in artificial intelligen [...]
Founders Fund, the venture capital firm co-founded by Peter Thiel, closed a $6 billion growth fund on 1 May, its largest ever and its fourth dedicated late-stage vehicle. The majority of the capital, [...]
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
While artificial intelligence has stormed into law firms and accounting practices with billion-dollar startups like Harvey leading the charge, the global consulting industry—a $250 billion behemothâ [...]
When it comes to convenience, it’s hard to beat Amazon. And that rationale isn’t limited to consumers: Many local districts shopping for supplies with public funds apply the same logic. But the In [...]