GVA © 2017

22 January, Mon
The Fund for the Digitalization of Industry will be launched in Kazakhstan
On January 22 during the official visit of the President of the Republic of Kazakhstan Nursultan Nazarbaev to the USA the autonomous cluster fund Tech Garden signed a number of important agreements with American companies on the digitization of the economy of Kazakhstan.

According to the memorandum, signed between Tech Garden and the Global Venture Alliance (GVA), the Fund for the Digitalization of Industry of Kazakhstan will be launched. The Fund's aim is to attract investments in breakthrough global technologies for the development of basic industries and for the creation of new industries in the Republic of Kazakhstan and to attract foreign investments through the withdrawal of portfolio companies to the Astana International Financial Center. The initial amount of the fund will be $ 100 million, with a further increase to $ 500 million. Moreover, the share of the Republic of Kazakhstan budget in the Fund will not exceed 20%. The Fund unites accelerating and educational programs, venture funds and research institutes.

Sanjar Kettebekov, CEO of Tech garden, said: "Such initiatives of Tech Garden correspond to the goals, stated in the President of the Republic of Kazakhstan N. Nazarbayev’s Message and in State Program "Digital Kazakhstan". Their implementation will contribute to the modernization and digitalization of local enterprises and to the development of the national ecosystem of developers of digital and other innovative solutions. Furthermore, these initiatives trigger the development of venture financing in Kazakhstan in accordance with the ecosystem approach".

according to the press service of Tech garden

May 2017
12 May, Friday
Apple invested $200 million in a company that helped make the first iPhone

Apple isn't out to get all of its third-party suppliers, it seems. 

The company has handed $200 million (£155 million) to one of its most important suppliers for the iPhone — glass and ceramics maker Corning.

11 May, Thursday
Nvidia announced a plan to go up against Amazon, Google and Microsoft

Nvidia announced the launch of a cloud service for developers to train artificial intelligence models. But the company, whose stock has been on a tear this week, already sells its graphics processing units to the biggest cloud companies to do just that. What it means is that Nvidia plans to directly compete with Amazon Web Services, Microsoft's Azure, and Alphabet's Google Cloud Platform.

10 May, Wednesday
Amazon unveils the $230 Echo Show, with a screen for calls, shipping June 28

Look out, world: Alexa is coming to a screen near you. Today Amazon unveiled the Echo Show, a WiFi-enabled home device with a seven-inch screen that is the newest addition to its Alexa-powered Echo range of home hubs that plays media and responds to voice commands.

05 May, Friday
Startup investment in Central and Eastern Europe: A ground-breaking research

Already recognized for their engineering excellence, several countries of Central and Eastern Europe (CEE) are now emerging on the global startup scene. Thus for the past couple of years Belarus, Estonia, Russia, Ukraine...

04 May, Thursday
Apple to create $1 billion U.S. advanced manufacturing fund

Apple Inc (AAPL.O) plans to create a $1 billion fund to invest in U.S. companies that perform advanced manufacturing, Chief Executive Officer Tim Cook said on Wednesday, the iPhone maker's latest effort to show how it is creating U.S. jobs. Read more...

03 May, Wednesday
Data management startup Rubrik confirms $180M round at a $1.3B valuation

Rubrik, a startup that provides data backup and recovery services for enterprises across both cloud and on-premises environments, has closed a $180 million round of funding that values the company at $1.3 billion. 

02 May, Tuesday
New Zealand Launches A Three-Year Visa Program For Impact Entrepreneurs

New Zealand recently launched a first-of-its kind program for global impact entrepreneurs interested in setting up shop in the country.

April 2017
28 April, Friday
Robinhood stock-trading app confirms $110M raise at $1.3B valuation

Zero-fee stock-trading app Robinhood has joined the unicorn club.That’s thanks to it reaching 2 million total users, and 17 percent month-over-month growth of its revenue-driving Robinhood Gold subscription product. 

27 April, Thursday
Uber looks to soar with flying taxis by 2020

Uber expects to deploy its flying taxis in Dallas-Fort Worth, Texas, and Dubai by 2020, Chief Product Officer Jeff Holden said at the Uber Elevate Summit in Dallas on Tuesday.

25 April, Tuesday
Snap acquires the crucial geofilter patent from Mobli for a record $7.7M

According to sources, serial entrepreneur and investor Moshe Hogeg, who co-founded Mobli, sold Mobli’s Geofilters patent to Snap this month for $7.7 million. This is believed to be the highest amount paid for a patent from the Israeli tech industry.

24 April, Monday
Elon Musk’s Neuralink wants to turn cloud-based AI into an extension of our brains

Neuralink’s ultimate aim may actually be the most ambitious of all three Musk's companies, surprisingly, and a new exploration of the foundational ideas behind Neuralink on Wait But Why goes deep within what Musk hopes to achieve by creating better, higher-bandwidth connections between our brains and computers.

10 April, Monday
UK financial services fear threat of fintech could cause 40% revenue loss

47% of UK financial firms are planning to make fintech acquisitions during the next three to five years

07 April, Friday
Crunchbase raises $18M, debuts Enterprise business intelligence, plans ‘Marketplace’ for 3rd party data

Crunchbase is laying out a roadmap to be "the master record of all the companies on the Internet"

05 April, Wednesday
Data analysis startup ActionIQ raises $13 million led by Sequoia

ActionIQ, which wants to help marketing employees navigate big data without having to write code, today announced a new $13 million round led by Sequoia Capital.

05 April, Wednesday
Tesla Breaks Record, Delivers 25,000 Electric Cars in Q1

Elon Musk's Tesla is on track to hit its forecast of 47,000 to 50,000 deliveries in the first half of 2017.

04 April, Tuesday
Apple's New Indian App Accelerator Has Big Implications For Shareholders

Apple quietly opened its new App Accelerator center in Bangalore this past weekend.

03 April, Monday
Facebook, Mozilla, Craig Newmark, others launch $14 million fund to support news integrity

Facebook, Mozilla, the City University of New York, and other tech industry leaders and nonprofits have joined together to launch a $14 million fund dedicated to advancing news literacy. The money will be invested in the News Integrity Initiative with the goal of increasing trust in journalism worldwide and “better informing the public conversation.”

March 2017
31 March, Friday
Russia Can Compete with SpaceX, Kremlin Claims

The Silicon Valley entrepreneur’s SpaceX company made history on March 30 when it launched and landed a used rocket. No one has ever done that before. And the breakthrough has forced Russians to grapple with the decay and struggle of their own national space program.

30 March, Thursday
The Opening of Startup Temple in Silicon Valley

On April 12th 2017 the Opening of Startup Temple center for international technological entrepreneurs and investors will take place in Silicon Valley, San Francisco. The landmarked building of the beginning of the 20th century was bought and renovated by Global Venture Alliance (GVA) group and was transformed into a modern venue for the innovation development.

29 March, Wednesday
Alibaba Cloud launches AI services for health care, manufacturing

The public cloud division of Chinese company Alibaba Group today is introducing new artificial-intelligence (AI) services targeting two specific industries, health care and manufacturing.