Private Equity News Tech
Tech due diligence is essential for any private equity group or business that plans on investing in or buying another company that relies heavily on technology. By performing the necessary research and testing, you can identify key areas of your business that need to be optimized in order to stay competitive.
AI, or artificial intelligence, is a rapidly developing technology that has the potential to revolutionize many industries, including venture capital. AI can be used to automate tasks, analyze data, and make predictions.
GMG, a leading provider of media technology and services, has rebranded as Mercuri. The company also announced that it has raised a $50 million fund to invest in artificial intelligence (AI) and machine learning (ML) initiatives.
London and Cambridge-based venture capital firm IQ Capital has secured $400 million (£320 million) across two funds to continue investing in the deep tech sector.
If you are looking for a hot new company with a hot...
In case you missed it Databricks just brought LLM (Large Language Model ie OpenAI's ChatGPT) platform MosaicML to add generative AI tools to their existing data suite.
Databricks, a data and AI company, has announced that it will acquire MosaicML, a leading generative AI platform. The deal is valued at $1.3 billion, inclusive of retention packages.
ChatGPT, a generative AI model developed by OpenAI, has quickly become one of the most influential technologies in private equity.
Arcven Capital is a new Dutch-based secondary investment fund that was launched in June 2023. The fund is focused on investing in minority shares in growth-stage technology startups in the EMEA region. Arcven Capital is targeting a fund size of €80 million and is expected to be fully deployed within the next two years.
While ChatGPT offers numerous benefits, it is important to note that it should be used as a tool to augment human decision-making rather than replacing it entirely.
Artificial intelligence (AI) can impact the PE industry in several ways, both as a potential opportunity and a threat. While AI offers numerous benefits, there are also challenges and risks that PE firms need to consider.
Karakuri, a kitchen robotics startup that was backed by Ocado, has sadly appointed administrators. The company, which developed technology capable of assembling ready-meals for food industry clients, has been struggling financially in recent months.
US firm Silver Lake has reportedly acquired a majority stake in Software AG, a German software company, in a deal worth a reported $2.42 billion.
Cabot Square Capital is a private equity firm that invests in the...
Swappie, a Finnish tech firm that refurbishes and sells used iPhones, has...