Business Fundamentals

GlobalData finds companies across sectors posting jobs around Claude

Large language models (LLMs) is a rapidly growing field, and the demand for skilled professionals with expertise in Anthropic’s Claude, Google’s Gemini, Meta’s LLaMA, OpenAI’s GPT, Llama 3, and related technologies is on the rise as companies are swiftly developing medium and long-term talent plans to adapt to the evolving work landscape driven by generative […]

GlobalData outlines inflation-related concerns as discussed by companies in filing documents

Inflation rates remain a mixed bag and vary widely among different countries. Although, inflation has moderated across some markets, but it remains high for some countries, and accordingly the trend shifts towards rebalancing its impact. Companies have been vocal about their concerns related to inflation and discussing these extensively in filing documents, according to GlobalData, […]

Business Fundamentals

Influencers weigh in on Fed’s rate cut: Optimism vs. recession concerns, reveals GlobalData

The latest Federal Reserve’s decision to cut interest rates by 50 basis points has become a trending topic on social media, sparking a flurry of discussions among the influencers on social media platform “X”. The cut was observed as both in line with expectations and marked the start of a loosening cycle in monetary policy, […]

Business Fundamentals

Global deal activity down by 15% YoY during January-August 2024, reveals GlobalData

A total of 32,050 deals (mergers & acquisitions (M&A), private equity and venture financing) were announced globally during January-August 2024. This represents a 15% year-on-year (YoY) decline in deal volume compared to the 37,724 deals announced during the first eight months of 2023, according to GlobalData, a leading data and analytics company. An analysis of […]

Business Fundamentals

Global travel and tourism sector deal activity fell by 12.6% YoY during January-August 2024, finds GlobalData

A total of 456 deals (mergers and acquisitions (M&A), private equity and venture financing) were announced in travel and tourism sector for the period of January to August 2024, which was a year-on-year (YoY) decline of 12.6% in deal volume, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database […]

Business Fundamentals

Retrieval-augmented generation gaining prominence in company discussions around GenAI, finds GlobalData

Retrieval-augmented generation (RAG) is becoming a critical focus in company discussions about generative AI (GenAI), as organizations look to leverage real-time external data to contextualize and refine the accuracy of generated responses. Companies are focused on utilizing this technology to enhance user experience that allows customers to integrate the real-time proprietary data sources with general-purpose […]

Business Fundamentals

Oracle and AWS alliance ignites cloud innovation excitement, reveals GlobalData

Oracle and Amazon Web Services (AWS) have partnered to launch Oracle Database@AWS, which brings Oracle’s Autonomous Database and Exadata Database Service to AWS’s cloud platform, at Oracle CloudWorld. This development has generated considerable discussion among the influencers on social media platform “X”, who highlight its potential to enhance cloud computing capabilities through improved performance, scalability, […]

Business Fundamentals

Influencers opine OpenAI’s ChatGPT o1 Model as game-changer in AI reasoning and advanced intelligence, reveals GlobalData

OpenAI’s ChatGPT o1 model, known as Strawberry AI, made its debut on 12 September 2024 and has generated substantial attention among influencers on social media platform “X” due to its notable advancements in reasoning and problem-solving capabilities from its predecessors. Influencers have highlighted the o1 model’s advancements in multi-step logic, math, science, and coding. They […]

Business Fundamentals

GLP1R innovator drugs drive over $6.2 billion in licensing agreement deals in 2024YTD, reveals GlobalData

The recent success of obesity treatments, particularly Ozempic (semaglutide) and Mounjaro (tirzepatide), has driven significant interest in glucagon-like peptide-1 receptor (GLP1R) targeting drugs. These therapies have witnessed a 595% increase in licensing deal value between 2019 and 2024 year-to-date (YTD), exceeding $6.2 billion in 2024 YTD alone. Biopharmaceutical companies are now focusing on advancing these […]

Business Fundamentals

Top 20 APAC insurers face subdued premium growth amid economic and regulatory challenges in 2023, finds GlobalData

The top 20 public insurance companies in Asia-Pacific (APAC) reported subdued premium growth in 2023 owing to broader economic and regulatory challenges such as inflationary trends, and implementation of IFRS 17. As a result, their average premium earned* grew by a paltry 1.3% while experiencing a modest 5.5% uptick in total revenue, reveals GlobalData, a […]

Business Fundamentals

GlobalData raises global economic growth projection for 2024 to 2.52%

The global economy is navigating through a complex landscape marked by persistent geopolitical tensions. Nevertheless, easing inflationary pressure, central bank rate cuts (including by the ECB), and stronger consumer spending are mitigating these issues. Against this backdrop, GlobalData, a leading data and analytics company, has revised the global economic growth forecast for 2024 to 2.52% […]

Business Fundamentals

Volvo’s revised electrification goal sparks mixed influencer opinions on electric future, reveals GlobalData

AB Volvo, part of China’s Geely Holding, has become the focal point of discussion among influencers on social media platform “X”, following its decision to revise its ambitious 2030 electrification goal. The Swedish automaker, previously committed to selling only fully electric vehicles (EV) by the end of the decade, has adjusted its target to a […]

Business Fundamentals

iPhone 16 camera and AI innovations receive thumbs up from influencers, sparks anticipation for future advancements, reveals GlobalData

Apple Inc has unveiled the highly anticipated iPhone 16 Pro and Pro Max series at the Glowtime Event 2024 on 09 September, boasting an array of advanced capabilities, including a “camera control” slider and visual AI features. The announcement has generated significant buzz among influencers on social media platform “X”, who have shared a mix […]

Business Fundamentals

GenAI remains key theme in companies’ discussions in Q2 2024 with focus on efficiency and new tools, finds GlobalData

Generative AI (GenAI) continued as a key theme in companies’ discussions in Q2 2024. Companies across various sectors are incorporating next-generation AI capabilities into their solutions, with GenAI standing out as a primary focus of technological innovation, reveals the Company Filings Analytics Database of GlobalData, a leading data and analytics company. GlobalData’s latest report, “Company […]

Business Fundamentals

UK VC funding hits $9 billion during January-July 2024, driven by big-ticket investments, finds GlobalData

UK-based startups raised $9 billion funding through 704 venture capital (VC) deals announced during January-July 2024, which is a 7.9% year-on-year (YoY) increase in funding value despite a 14.3% decline in deal volume. This reflects an improving appetite for big-ticket investments in promising startups, positioning the UK as a resilient market in the global venture […]

Business Fundamentals

Eli Lilly’s Zepbound price cut ignites influencer debate on insurance, access, and affordability, reveals GlobalData

Eli Lilly & Company’s recent decision to reduce the price of its weight-loss drug Zepbound (tirzepatide) and offer it as single-use, flexible-dose vials has sparked significant discussion among influencers on social media platform X. The move, intended to enhance affordability and access, has generated a range of sentiments within the industry, reveals the Social Media […]

Business Fundamentals

VC funding in India startups soars to $6.3 billion during January-July 2024 despite global caution, finds GlobalData

India’s startup ecosystem saw a significant surge in venture capital (VC) funding during January-July 2024, with a total of 672 deals raising $6.3 billion. This represents a massive 42.1% year-on-year (YoY) increase in funding value, despite a modest 1.2% rise in deal volume. The spike in funding highlights investor confidence in India’s promising startups, even […]

Business Fundamentals

AI and cybersecurity take center stage in Q2 2024 company filings, reveals GlobalData

Technology, travel and tourism, and insurance business sentiment improves Packaging and retail hit by shifting preferences and rising costs Israel, Indonesia, the UK, and the US witness sentiment growth Global business sentiment witnessed a marginal improvement of 0.2% year-over-year (YoY) during the second quarter (Q2) of 2024. While technology, travel and tourism, and insurance sectors […]

Business Fundamentals

Top 50 APAC listed firms report 0.8% revenue dip amid oil and gas struggles, China’s slow recovery, reveals GlobalData

China dominates the list with 26 companies BYD, Dai-ichi Life Holdings, and Toyota Motor gain over 20% in revenue Financial services sector tops the list with 13 companies The top 50 listed companies in the Asia-Pacific (APAC) region faced a slight 0.8% year-on-year (YoY) dip in aggregate revenue, totaling $6.9 trillion, in 2023. The downturn […]

Business Fundamentals

China startups secure VC funding worth $21.8 billion during January-July 2024, reveals GlobalData

A total of 1,571 venture capital (VC) deals with disclosed funding value worth $21.8 billion were announced in China during January-July 2024. This represents year-on-year (YoY) decline of 17.5% in VC deal volume and 4.7% in terms of funding value when compared to the same period in the previous year, according to GlobalData, a leading […]

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