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Information Technology

IT services group Wipro boosts its venture arm to $500m

Wipro Ventures has received a further $200m in capital from its parent company as it celebrates its tenth anniversary.

Mar 3, 2025

Danny Boisson joins AMD's investment arm

Boisson will be on the portfolio development team at AMD Ventures.

Feb 19, 2025

Corporates rush to invest in AI agents

The next step in AI is creating agents that can run multi-step tasks for us, from sales outreach to diary management. This is how investors at Microsoft's M12 are thinking about the opportunity.

Feb 12, 2025

Booming cybersecurity sector faces an exit problem, says Okta's CVC head

Okta Ventures' Austin Arensberg says cybersecurity startups need a new strategy from series B onwards if they want a profitable exit.

Feb 6, 2025

Hitachi ups startup investment to $1bn as AI wave grows

The Japanese industrial conglomerate raised a fourth, $400m fund, which will focus on AI, frontier tech and push further into India.

Feb 5, 2025

Blackberry venture fund leader Giallorenzo leaves

Giallorenzo launched and managed BlackBerry's corporate VC unit, Blackberry Ivy Innovation Fund.

Feb 3, 2025

The non-US AI startups competing with Silicon Valley heavyweights

DeepSeek's cut-price generative AI offering makes it a direct rival to OpenAI and its US peers, but it's far from alone. Here are some alternative startups from outside the US that have received corporate backing.

Jan 28, 2025

Ali Wasti joins Indian tech firm Wipro's investment arm

Wasti led venture investments at HPE Pathfinder Ventures for almost four years.

Jan 27, 2025

Other News

Microsoft's ventures head Chris Young leaves

Chris Young spent more than four years at M12.

Jan 23, 2025

Udeogu leaves Microsoft’s venture unit to join VC 53 Stations

He joins the new VC firm after two years at Microsoft’s M12 unit.

Jan 22, 2025

Intel spins off VC arm as financial pressures mount

Intel has spun off its venture capital arm, Intel Capital, after posting multi-billion losses and seeks to cut costs.

Jan 15, 2025

Big software companies under threat as AI undermines business models

Enterprise software will no longer be designed with humans in mind, upending the sector and putting incumbents and even startups at risk.

Jan 7, 2025

Japanese internet group LY's $190m investment fund

LY Corporation, the company formed when Yahoo Japan merged with Line, will explore deep tech with CVC subsidiary Z Venture Capital's second fund.

Jan 6, 2025

CVC's most active investors in 2024 - and how they invested

GCV has looked through our data to find the busiest investors in corporate venture capital. Here's how and where they invested in 2024.

Jan 1, 2025

Editor's Picks

Corporate AI funds: The list

Wondering which corporate venturers have specialist investment funds for artificial intelligence? Here is the list of traditional funds and new units, offshoots and accelerators.

Oct 29, 2024

Sony and Intel back company making key part for next wave of…

UK smartphone camera component developer Cambridge Mechatronics’ latest round featured strategic investors Sony Ventures and Intel Capital.

Feb 13, 2024

Data problem slows corporate investment in AI

Adequate data collection and processing are not yet in place to ensure AI-based large language models will be useful to industry.

Aug 23, 2023

Bigger than the internet: Why corporates need to place bets on gen…

The valuations of generative AI startups are high and the tech is still untested, but corporate investors should still take some early bets.

Aug 11, 2023
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