IT

After almost five years as vice president of corporate development and ventures for ServiceNow, Vishal Kumar Gupta is moving on to new pastures.

Michelle Taycher Nishry worked at Qualcomm and Intel before joining the data security startup.

She will invest in early stage companies across enterprise applications and AI.

All signs are looking positive for investors who have been hungering for exit opportunities for over two years.

Taking early AI bets and investing outside their comfort zone have allowed some large CVCs to reap rewards despite a turbulent exit market.

Corporates frequently team up with each other to invest in startups. Who partners with who says a lot about how much a given team's track record is respected.

Third-quarter investment numbers show that investors are more trigger-happy, but not recklessly so.

The spinning out of the venture unit raises questions about AI startups’ appetite to have CVCs of potential competitors on their cap tables.

Generative AI has made convincing deepfakes cheaper than a cup of coffee. Organisations such as Samsung, IBM and Booz Allen are now investing in startups that can help detect them.

The new fund, 55North, will focus on investing in European startups.

This pace of investment is reminiscent of the 2022 VC frenzy, but Nvidia's strategy seems to be more than just spray-and-pray.