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GlobalData
GlobalData

Business Fundamentals

Google Gemini AI evokes debates among influencers on evaluation criteria and GPT-4 comparison, finds GlobalData

DeepMind Technologies Limited, doing business as Google DeepMind, has recently released its latest generative AI model “Gemini 1.0” in three sizes for different tasks: Ultra, Pro and Nano. Subsequently, the launch has triggered intense debates among influencers on social media platform “X” regarding its performance relative to GPT-4, observes the Social Media Analytics Platform of […]
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Radiopharmaceutical-focused VC deals in US see staggering 550% growth to $408 million in 2023, reveals GlobalData

The US radiopharmaceutical drugs space saw a 550% increase in total deal value of venture capital (VC) deals, from $63 million in 2017 to $408 million in 2023 year to date (YTD), reveals GlobalData, a leading data and analytics company. Radiopharmaceutical drugs integrate radioisotopes into drugs or monoclonal antibodies, enabling precise tumor detection through nuclear […]
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Microsoft, Nordea Bank find themselves at opposite ends of market value spectrum in 2023, reveals GlobalData

Microsoft and Nordea Bank experienced contrasting market fortunes in 2023. While the Redmond-based tech giant gained the most market value, the Finland-based banking company registered the biggest loss, reveals the Company Profiles Database of GlobalData, a leading data and analytics company Microsoft has reportedly gained a whopping $1 trillion to reach a market cap $2.8 […]
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Environmental aspects weigh heavily in ESG-related discussions by companies, finds GlobalData

Under mounting pressure from regulators and investors, businesses worldwide across sectors have been progressively embracing environmental, social, and governance (ESG) frameworks. Against this backdrop, companies are discussing ESG extensively in their filing documents, with a particular emphasis on the significant influence of environmental aspects, according to GlobalData, a leading data and analytics company. Misa Singh, […]
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Ad withdrawals spur 100% surge in discussions around advertising for X Corp, observes GlobalData

Walmart is the latest company to suspend advertising on “X” (formerly Twitter). The US-based retail giant joins several prominent brands, including Apple, Sony, IBM and Disney, to withdraw advertising on the social media platform, in response to Elon Musk’s endorsement of an antisemitic conspiracy theory in November. Several other companies too are reportedly contemplating to […]
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Psychedelic drug partnerships surge 500% in 2023, signaling potential in mental health therapeutics, reveals GlobalData

The landscape of psychedelic drug development has witnessed a remarkable surge in recent years, with a 500% increase in partnership deals from 2019 to 2023. More than 40 collaborations since 2019 have propelled the exploration of innovative psychedelics like psilocybin and LSD, showcasing their potential in addressing conditions such as depression and anxiety. Despite regulatory […]
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More than 25,000 job postings for ESG roles across each quarter since 2022, says GlobalData

As organizations transition towards increasingly sustainable and socially responsible business methodologies, they recognize the imperative to engage professionals adept at addressing and navigating environmental, social, and governance (ESG) challenges. Consequently, companies spanning various sectors are consistently posting ESG* roles, with each quarter since 2022 seeing more than 25,000 job postings from around 8,000 recruiters, reveals […]
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Soaring pneumonia cases across China spark influencer discussions on X, finds GlobalData

China is grappling with a wave of respiratory illnesses during its first unrestricted winter since the COVID-19 pandemic began. This alarming development has sparked conversations and garnered reactions from influencers on the social media platform X, drawing attention to the pneumonia wave in the fourth week of November 2023, reveals the Social Media Analytics Platform […]
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Companies invest in and integrate GenAI to advance applications or products, finds GlobalData

The rise of generative artificial intelligence (GenAI) has spurred a debate on its risks and benefits among companies. Simultaneously, a wave of adoption is observed, with companies delving into advanced language models like ChatGPT. As discussions around transformative technologies intensify, businesses grapple with navigating the potential and challenges presented by GenAI, marking a pivotal moment […]
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VC investment in India startups nosedived by over 50% to $6.3 billion during January-October 2023, reveals GlobalData

A total of 920 venture capital (VC) funding deals were announced in India during January-October 2023, a decline of 38.6% compared to the 1,499 VC deals announced during January-October 2022. The corresponding VC funding value plummeted by a massive 67.1% from $19.2 billion during January-October 2022 to $6.3 billion during January-October 2023, according to GlobalData, […]
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GlobalData revises down global economic growth to 2% in 2024

Amidst a fluctuating global economic landscape marked by improved consumer confidence and a temporary halt in rate hikes, the 2023 global real GDP growth forecast has been adjusted upward to 2.4%, backed by robust employment conditions and substantial fiscal stimulus. However, the horizon is not without challenges. Resurfacing inflation concerns from rising energy prices and […]
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Taco Bell dominates list of top 10 quick service restaurants with 32% share on Reddit, reveals GlobalData

Taco Bell has emerged as the predominant force in online discussions, capturing 32% share among the top 10 quick-service restaurants on Reddit throughout 2023 (01 January to 31 October). Reddit conversations on Taco Bell app were predominantly about order inaccuracies, application glitches, and usability challenges, reveals the Social Media Analytics Platform of GlobalData, a leading […]
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VC funding in US down by 43.6% YoY to $99 billion during January-October 2023, finds GlobalData

The US-based startup ecosystem saw the announcement of a total of 5,932 venture capital (VC) funding deals of worth $99 billion during January-October 2023, finds GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that VC funding deals volume in the US declined by 40.6% during January-October 2023 compared […]
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India, China take center stage in mentions by companies in Q3 2023, reveals GlobalData

Asia-Pacific (APAC) countries such as China and India featured prominently within the filings of the companies throughout the third quarter (Q3) of 2023. Other key countries that also found substantial mentions include the UK, Brazil, and Mexico, reveals the Company Filings Analytics Database of GlobalData, a leading data analytics company. GlobalData’s “Company Filings Analytics Trends & Signals […]
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Hybrid work here to stay as companies embrace flexibility, observes GlobalData

The ongoing advancements in technology have made remote collaboration more feasible and seamless than ever before. Collaboration tools have become essential in ensuring the coexistence of the digital and physical workplace, both internally with employees and externally with clients. Even in 2023, companies have been posting hybrid work-related roles, reveals GlobalData, a leading data and […]
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