An employee preparing a robotic arm for a demonstration of Mitsubishi Electric's artificial intelligence technologies. Global investments in AI reached new highs, driven by more opportunities in Asia. On the whole, AI deals with CVC participation grew 27 per cent to 291, and funding with CVC participation was up 19 per cent to US$5.1 billion.
GLOBAL corporate venture capital (CVC) deal activity reached a historic high in 2018, with Asia close to overtaking North America's deal share, according to a report by CB Insights.
Asia attracted 38 per cent of all CVC deals in 2018, up from 31 per cent in 2017, while...