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Venture capital undermines human rights

TechCrunch

The future of technology is determined by a handful of venture capitalists. The world’s 10 leading venture capital firms have, together, invested over $150 billion in technology startups. As of 2019, 81% of all venture capital funds worldwide are clustered in just a handful of countries, primarily in the U.S.,

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The 10 Biggest Rounds Of February: Saronic And NinjaOne Lead Big Month

Crunchbase News

In fact, it took $200 million or more to make the list last month, as defense tech and cybersecurity led the way. Lambda , $480M, artificial intelligence: Lambda, which offers cloud computing services and hardware for training artificial intelligence software, raised a $480 million Series D co-led by Andra Capital and SGW.

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Agentic AI design: An architectural case study

CIO

From obscurity to ubiquity, the rise of large language models (LLMs) is a testament to rapid technological advancement. Just a few short years ago, models like GPT-1 (2018) and GPT-2 (2019) barely registered a blip on anyone’s tech radar. Let’s review a case study and see how we can start to realize benefits now.

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The Opportunities Costanoa Ventures Sees In Vertical AI 

Crunchbase News

Editor’s note: This article is part of an ongoing series in which Crunchbase News interviews active investors in artificial intelligence. The firm incubated Vannevar Labs in 2019, before defense tech and AI were as popular as they are today. Pick things that matter — both technologies that matter and problems that matter.”

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Startup Funding Regained Its Footing In 2024 As AI Became The Star Of The Show

Crunchbase News

Global venture investment in 2024 was above the pre-pandemic year of 2019, but below 2018 and 2020 amounts at $346 billion and $350 billion, respectively. Close to a third of all global venture funding went to companies in AI-related fields, making artificial intelligence the leading sector for funding.

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The 10 Biggest Rounds Of January: Infinite Reality Tops Busy Month

Crunchbase News

Venture money wasnt concentrated in just one sector, as VCs invested in everything from artificial intelligence to biotech to energy. The Norwalk, Connecticut-based firm did not disclose investor names, instead saying it came from a private investor whose portfolio focuses on global technology and real estate investments.

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Nerdy, a tutoring marketplace startup, is going public via SPAC

TechCrunch

Nerdy will merge with TPG Pace Tech Opportunities (NYSE: PACE), a publicly traded SPAC since 2015. Like other edtech companies , Varsity Tutors uses artificial intelligence and data analytics to better match experts to learners. TechCrunch reviewed the Nerdy-SPAC investor presentation, which can be read here.