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GlobalData
GlobalData

Business Fundamentals

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UK startup ecosystem stays globally prominent despite YoY dip in first two months of 2024, reveals GlobalData

Amidst a decline in year-on-year (YoY) startup venture capital (VC) funding, the UK’s entrepreneurial ecosystem remains resilient, retaining its influential position globally despite market fluctuations. With $1.4 billion raised across 152 deals in the first two months of 2024, the UK sustains its prominence in Europe’s venture capital landscape, showcasing adaptability and enduring appeal amidst […]
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AI discussions across industries continue to rise as companies explore investments to harness potential, finds GlobalData

As artificial intelligence (AI) continues its ascent across industries, companies are increasingly exploring investments to harness its transformative potential. From technology giants to retail chains and financial institutions, discussions around AI adoption are on the rise. These conversations span diverse applications, from process automation and customer experience enhancement to deep learning and generative AI, reflecting […]
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NVIDIA Blackwell AI chips ignite enthusiastic responses from industry influencers, finds GlobalData

NVIDIA Corp has unveiled Blackwell architecture-based artificial intelligence (AI) chips, named as the GB200 Grace Blackwell Superchip, at the GPU Technology Conference (GTC) 2024. This new generation GPU is expected to offer a profoundly more powerful and energy-efficient computing solution and is designed to enhance the real-time generative AI capabilities significantly, influencing a broad spectrum […]
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Biotech funding set for recovery in 2024, reveals GlobalData

The biopharmaceutical industry is witnessing a shift in investor sentiment. Despite facing challenges such as declining venture financing and macroeconomic pressures, there exists optimism about a recovery in biotech funding. Healthcare professionals globally express cautious optimism, emphasizing the importance of alternative funding avenues and industry partnerships. This dynamic landscape sets the stage for potential growth […]
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Travel and tourism sector deal activity down by 22.5% YoY during January-February 2024, reveals GlobalData

The travel and tourism sector witnessed the announcement of 93 deals* globally during the first two months of 2024, an year-on-year (YoY) decline of 22.5% compared to the announcement of 120 deals during the same period in 2023, reveals GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that the […]
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Gaming firms discuss acquisition and collaboration to meet diverse needs of global gamers, reveals GlobalData

The gaming industry is experiencing rapid evolution, driven by increasing demand and technological advancements. Amidst the COVID-19 pandemic, the industry witnessed substantial growth and continues to thrive. Companies are strategically innovating, collaborating, and acquiring to meet the diverse needs of gamers globally. Discussions abound on collaboration, acquisitions, and the development of new games and accessories, […]
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APAC aligns with global trend as VC deal volume declines across all funding rounds in 2023, finds GlobalData

In line with the global trends, the Asia-Pacific (APAC) region saw a notable decline in the number of venture capital (VC) deals with disclosed funding rounds announced in 2023 compared to the previous year. VC deal volume decreased across all funding rounds, reveals GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals […]
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MMR vaccine efficacy takes spotlight as X influencers discuss amid global measles outbreaks, reveals GlobalData

In the wake of recent measles outbreaks worldwide, there has been a notable uptick in discussions among influencers on the “X” platform regarding the effectiveness of the measles, mumps, and rubella (MMR) vaccine. These discussions, which have surged since January 2024, underscore the importance of the MMR vaccine in preventing infections. Furthermore, efforts to combat […]
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Growth, expansion, and late-stage VC funding rounds fell by 36.5% in 2023, while early-stage funding rounds declined by 27.9%, finds GlobalData

A total of 2,326 growth, expansion, and late-stage venture capital (VC) funding rounds (Series B onwards) were announced globally during 2023, which is a decline of 36.5% over the announcement of 3,665 growth, expansion, and late-stage VC funding rounds in 2022. Meanwhile, a total of 9,273 early-stage VC funding rounds (comprising Seed and Series A […]
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5G innovation takes center stage at MWC 2024: Huawei, Qualcomm, Ericsson shine bright, reveals GlobalData

The Mobile World Congress (MWC) 2024, held in Barcelona between 26-29 February, showcased an array of cutting-edge technological advancements, drawing widespread attention from tech enthusiasts worldwide. With a particular emphasis on the evolution of 5G technology, industry giants such as Huawei, Qualcomm, and Ericsson spearheaded discussions with their groundbreaking innovations, signaling a significant leap forward […]
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Disney, Netflix lead strategic evolution in streaming industry, reveals GlobalData

In the ever-evolving landscape of video on-demand over-the-top (OTT) streaming industry, major service providers Disney and Netflix are strategically aligning their approaches to maintain relevance. Both are delving into comparable tactics, from exploring paid-sharing options to expanding into gaming and sports streaming domains. Both had their share of discussions around subscribers, paid sharing options, and […]
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Apple’s shift from EVs to AI sparks diverse reactions among influencers, reveals GlobalData

With reports emerging on Apple’s plans to shelve its electric vehicle (EV) project, a subsequent rise in discussions related to “Apple” among the influencers on “X” platform has been witnessed in the last week of February, according to the Social Media Analytics Platform of GlobalData, a leading data and analytics company. Smitarani Tripathy, Social Media […]
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Germany VC investment surges despite global downturn but calls for innovation strategy to foster unicorn growth, says GlobalData

Germany experienced a notable shift in venture capital (VC) investment trends in January 2024 despite a decline in the number of deals compared to the same month in previous year. While deal volume decreased, the total value of investments surged, showcasing resilience amidst global market uncertainties. This contrasted with declines seen in major markets like […]
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UK VC funding investment plunges by 41.3% YoY to $615.4 million in January 2024, finds GlobalData

The UK’s venture capital (VC) landscape experienced a significant year-on-year (YoY) decline of 41.3% to $615.4 million in January 2024. This decline, attributed to macroeconomic challenges and geopolitical tensions, reflects a cautious approach among investors. Despite this setback, the UK remains a prominent player in the global VC market, though facing increased competition from other […]
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