Gartner predicts that artificial intelligence (AI) will replace “gut feel” in influencing investment decisions by venture capitalists and early-stage investors.
Grammarly Makes First-Ever Investment In Docugami
Grammarly has announced its investment in Docugami, a company “developing AI to end document dysfunction.”
Cantor Fitzgerald Initiates Coverage of Zoom, Slack With Bullish Outlook
Financial services firm Cantor Fitzgerald has initiated coverage of Zoom and Slack, giving both an Overweight rating.
Toyota Invests $400 Million In Pony.ai to Accelerate Autonomous Driving
Pony.ai has announced that it has secured $400 million in funding from Toyota to help develop its autonomous driving tech.
RealNetworks CEO Invests $10 Million in Company
Founder and CEO Rob Glaser has invested $10 million in RealNetworks as the company moves into facial recognition.
Ericsson Investing Over $230 Million in Brazil 5G Assembly Line
Reuters is reporting that Ericsson is on the verge of investing $238.30 million in an assembly line in Brazil dedicated to 5G technology. Latin America is a competitive market for 5G suppliers, with China recently expressing confidence Huawei would be…
The Next Silicon Valley? Try Ohio—Columbus-Based Venture Capital Firm Raises $350 Million
Business Insider is reporting that two ex-Sequoia investors have raised $350 million to invest in Midwestern startups. Mark Kvamme left Sequoia nearly a decade ago and, after a brief stint in Ohio Governor John Kasich’s cabinet, invited Chris Olsen—another Sequoia…
Every Sector of the Economy is Going to Benefit From Robotics and AI
“We are on the cusp of ubiquitous automation,” says ROBO Global President William Studebaker. “We have an undeniable inflection point because of the performance capabilities of computing and the cost curve declining such that these now are technologies that used…
Nina Dobrev Excited About Big Investment, Thanksgiving Getaway
Nina Dobrev is very excited about a huge investment she recently made. The Vampire Diaries star just bought a home in Los Angeles, and she can’t wait to host both family members and friends there. On the heels of her…
Stock Market Distrust Shown for Third Straight Year
As it currently stands, the stock market is in a fairly good spot. Interest rates on fixed income and cash are low, market returns in 2013 exceeded 30 percent, and the market itself is setting record highs. Despite all of…
Warren Buffett Successor Still a Mystery
Warren Buffett’s immensely successful insurance and investment company Berkshire Hathaway, Inc will surely be left in good hands after he steps down, but the mystery surrounding the successor is disquieting to its investors. Buffett sought to comfort those investors in…
Virgin Galactic Accepting Bitcoin for Ticket to Space
CNBC reported on Friday that Sir Richard Branson has permitted his space startup, Virgin Galactic, to accept Bitcoin as fare for a flight to space. Branson made the announcement in a blog post at Virgin. “The virtual currency has really…
Man Goes Bankrupt Investing in Beanie Babies
In an interview with Dazed Digital, one man tells the story of how his father spent all his family’s money to “invest” in the Beanie Baby craze, and in the end lost $100,000 on the crazy market idea. Back in…
Investor Analytics Releases White Paper on Risk Aggregation
Investor Analytics has released a new white paper detailing the benefits and practicalities of risk aggregation. The paper, called Adding It All Up: The Myths and Realities of Risk Aggregation along with the Risk Aggregation Survival Guide, debunks popular aggregation…
President Signs JOBS Act for Small Biz Investing
President Obama on signing the JOBS Act: “For start-ups and small businesses, this bill is a potential game-changer.” — Barack Obama (@BarackObama) April 5, 2012 With that tweet, the White House announced today the signing of the JOBS (Jumpsart Our…
Crowdfunding Could Be a Game-Changer for Entrepreneurs
Imagine you have an idea you want to get off the ground. Maybe it’s a children’s book you want to write and need to pay for illustration, layout or cover design. Maybe it’s an animated short film that’s burning a…