IT

Singtel Innov8 has doubled its capital to $500m with the launch of the AI Growth Fund, set up to boost its parent's access to global AI startups

Tom Whiteaker's career in corporate venture spans more than 25 years, and has involved work with Visa, Hartford Ventures and BBVA as well as IBM.

Corporate VCs can bring technology and GPU access as well as cash, which is becoming essential for AI startups, says M12's Michelle Gonzalez.

Lam Capital’s fourth semiconductor startup competition aims to accelerate development of the underlying infrastructure to make AI run faster and more efficiently.

Databricks is itself still raising venture capital money but has at the same time built a portfolio of more than 50 startups to strengthen its market position.

OpenAI joined Anthropic, Waymo and Databricks in a group of rounds that shattered previous funding records, taking CVC investment to new heights.

The $110bn raised by the AI developer came entirely from corporates, a sign of how big tech is funding the mega-growth at the top of the market.

Workday’s ventures arm is using partnerships — not just capital — to secure access to the most compelling AI innovations.

Wang has joined Nuvini, a company that buys software as a service companies in Latin America to help them grow internationally.

The new fund, called B8 Fund-I, is the company’s first focused vehicle for investing in later-stage companies.

Quantum computers will be able to crack encrypted data within seconds. Corporate investors, particularly telecoms companies, are now actively investing in technologies that can protect them.