Investing - page 26

Science & Technology

Germany Reportedly Plans to Dole Out €20 Billion to Bolster Semiconductor Manufacturing

The government of German Chancellor Olaf Scholz, according to media reports, intends to provide financing for 20 billion euros for the development of semiconductor production in this country.

News

JPMorgan Fund Bets Asia Chip Stocks

The $1.4 billion fund, which is currently managed by JPMorgan Asset Management, is betting on shares of Asian companies whose activities are related to the supply of chips and which are trying to catch up with their American counterparts.

Science & Technology

Softbank Invests in AI Company Tractable

Tractable, which has created computer vision and related artificial intelligence designed to remotely assess damage to property and vehicles, has raised investment funds in the amount of $65 million following the results of the Series E funding round.

News

Futureverse Raises $54 Million

Futureverse company, which is a business structure consisting of 11 startups of various specializations, including blockchain, metaverse, games, and artificial intelligence, has raised $54 million in investment funds.

News

Isometric Allocates $25 Million to Build Science Platform Focused on Carbon Removal

According to the results of the funding round, the London-based startup Isometric received investment funds for $25 million, which will be used to implement initiatives in the field of combating climate change.

News

Venture Capital Firms Reportedly Slash Funds

The media reports that currently, companies with venture capital are reducing the volume of their mega funds after many years of accumulation and formation of the base of the financial asset.

News

Startup Character.AI Plans New Funding Round

The media, citing their sources, report that the startup Character.AI, which carries out activities in the area of artificial intelligence, which its name partially hints at, plans to hold a new round of raising investment funds.

Science & Technology

Indian Tech Giant Wipro to Invest $1 Billion in AI

Wipro, one of the leading software providers in India, intends to train all its employees to use artificial intelligence.

News

Silo Technologies Raises $132 Million

Silo Technologies reported that it managed to raise investment funds for $132 million.

Science & Technology

Prolific Raises $32 Million to Train and Stress-Test AI Models

The London-based startup Prolific, which operates in the field of artificial intelligence, announced the raising of investment funds in the amount of $32 million following the results of the financing round.

Science & Technology

Foxconn Pulls Out of $19 Billion Chipmaking Project in India

Foxconn announces the termination of participation in the implementation of a large-scale project to build a chip manufacturing plant in India, which is the first factory of this profile in this country.

Fintech & Ecommerce

Numarics Raises €10 Million to Offer Small Businesses All-in-One Digital CFO Solution

Swiss fintech startup Numarics announced the raising of investment funds for 10 million euros following the results of the initial round of financing.

Finance & Economics

CADDi Raises $89 Million to Expand Procurement Platform and Cloud Service

CADDi has announced that it has managed to raise investment funds for $89 million following the results of the Series C financing round.

Science & Technology

SoftBank Backs Robot Startup

SoftBank Group Corporation has become a participant in the financing round of a company that manufactures robots.

News

India’s Abound Raises $10 Million to Expand Remittance App

The Indian app Abound, which provides cash refund services and various financial rewards, reported that it managed to raise investment funds in the amount of $10 million.

News

Levit Raises $46 Million

Seoul-based e-commerce company Levit, the operator of the Alwayz shopping app, announced the raising of investment funds for $46 million following the results of the Series B financing round.