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Summit Global Investments bought a new stake in Salesforce Inc. (NYSE:CRM – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,227 shares of the CRM provider’s stock, valued at approximately $2,072,000.
The International Finance Corporation’s US$25 million equity investment in Jumia Technologies AG is more than a financing deal for an e-commerce company. It represents a bet on digital commerce infrastructure as a tool for connecting African small businesses with larger markets, while strengthening logistics, distribution and employment networks around online trade.
The core bullpen duo that led the Hanwha Eagles to the Korean Series for the first time in 19 years last year, Kim Seo-hyun (22) and Jung Woo-ju (20), are expected to join the first division team as early as next week.
A former accounting contractor is accused of diverting nearly $2 million from a Falls Church software company by disguising payments to her personal bank account as legitimate vendor expenses, according to federal court records
OpenAI Foundation, the overarching nonprofit that governs OpenAI, has announced a new public health partnership with the Common Health Coalition to bring artificial intelligence tools to developing scientific breakthroughs for medical research across the country.
U.S. Senators Shelley Moore Capito and Jim Justice were on hand for the check presentation Wednesday. (Photo/Jack Carlson)
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has announced a $25 million equity investment in Jumia Technologies AG to support the expansion of digital commerce infrastructure across Africa.
Lovable has raised $400 million in Series C funding at a $13.3 billion valuation as the AI software creation company looks to expand its platform for building and operating businesses. Menlo Ventures led the round, with the Scaleup Europe Fund, managed by EQT, co-leading.
Beyang Therapeutics has raised nearly $30 million in an oversubscribed Series A financing round to advance its AI-powered drug discovery platform and clinical pipeline.
BMW is putting more money behind artificial intelligence, but this time the investment has little to do with autonomous driving, in-car assistants, or manufacturing. BMW i Ventures has invested in CodeRabbit, an AI-powered software review company that just raised $143 million in Series C funding. It’s a particularly relevant investment as companies — including automakers…