Gartner: AI Will Replace ‘Gut Feel’ in Venture Capitalist Decisions by 2025

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…