Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/morgan-creek-digital-targets-global-tech-investments" data-wpel-link="internal" rel="noopener noreferrer nofollow">Morgan Creek Digital Targets Global Tech Investments</a><br></p>
<p style="text-align: justify">Morgan Creek Digital has announced plans to invest $500 million in <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">artificial intelligence</a>, blockchain, semiconductor chips, and data through a new venture capital fund. The fund aims to drive technological progress and investment in Europe, the Middle East, Africa (EMEA), and the Asia-Pacific (APAC) regions. The firm’s objective is to spearhead innovation by expanding its global investment portfolio.</p>
<h2 id="what-is-morgan-creek-digital-s-global-strategy">What is Morgan Creek Digital’s Global Strategy?</h2>
<p style="text-align: justify">The company is engaging with potential <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a> from the EMEA and APAC regions, including sovereign and institutional investors, industry experts, and company executives. While maintaining its connections with U.S.-based investors, Morgan Creek Digital is following a comprehensive global strategy to maximize its impact. The EMEA and APAC regions are perceived as future leaders in artificial intelligence and blockchain technologies, promising significant returns on investment.</p>
<h2 id="how-will-the-new-fund-be-utilized">How Will the New Fund Be Utilized?</h2>
<p style="text-align: justify">The fund will concentrate on what Morgan Creek Digital terms as the “ABCDs”—AI, blockchain, chips, and data. This approach aims to create new values by leveraging the synergy of these technologies. The company is particularly interested in high-performance chips for AI training and <a href="https://en.bitcoinhaber.net/cryptocurrency-market-forecast-navigating-through-uncertainty" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> mining operations. This sectoral strategy is expected to yield significant synergies and innovations, boosting returns and technological advancements.</p>
<h2 id="key-inferences-for-investors">Key Inferences for Investors</h2>
<p style="text-align: justify">– The APAC region anticipates AI investments to hit $3.4 billion by 2024.<br> – The EMEA region’s digital budgets for AI are projected to increase by 40%, adding $30 billion in new investments by 2025.<br> – The Middle East is rapidly adopting cutting-edge technologies, aligning with Morgan Creek Digital’s strategic vision.</p>
<p style="text-align: justify">Founded in 2018, Morgan Creek Digital has raised over $440 million in capital and secured approximately 80 equity positions, demonstrating its success in managing large venture capital funds. This new fund reinforces the company’s commitment to global technological innovation.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/morgan-creek-digital-targets-global-tech-investments" data-wpel-link="internal" rel="noopener noreferrer nofollow">Morgan Creek Digital Targets Global Tech Investments</a></h5>

Morgan Creek Digital Targets Global Tech Investments

Table of Contents

BH NEWS

Autres articles publiés le 12 juil. 2024

Is It Too Late to Buy MOCA? Moca Coin Price Skyrockets 48% And This Might Be The Next Crypto To E...

Ethereum’s Delicate Dance: Whale Deposits and Exchange Reserves in Play

Uniswap's Price Increased More Than 3% Within 24 hours

Navigating the World of Crypto Portfolio Trackers: A Comprehensive Guide

Lucie Addresses Criticism Towards Shiba Inu

Annual US PPI Rises To 2.6% Higher Than Market Expectations

Join our free newsletter for daily crypto updates!