B2B News: ServiceNow to Acquire AI Pioneer Element AI

ServiceNow to establish an AI Innovation Hub in Canada   Element AI Co-founder, Dr. Yoshua Bengio, winner of the 2018 Turing Award, will serve as a technical advisor for ServiceNow    ServiceNow announced it has signed an agreement to acquire Element AI, it’s fourth recent acquisition in the AI space. Element AI will  enhance ServiceNow’s  intelligent workflow […]

Finbold: Sovereign Wealth Funds investment in SPACs skyrockets by 2,500% in 2020

Data acquired by Finbold.com indicates that direct investments in Special Purpose Companies by Sovereign Wealth Funds (SWF) have spiked by 2,532.35% YOY. As of November 24, 2020, the investment stood at $1.79 billion. In 2019, the figure was $68 million, an increase of 240% from the 2018 investment of $20 million. In 2017, the investment […]