News

New Russian fund intends to invest $100 million in AI/ML projects across Europe and Israel

September 14, 2021

The Russian investment club Promising Projects and the AI Cluster of the Novosibirsk Akademgorodok have teamed up to launch a $100 million fund focusing on AI, ML, data mathematics and cybersecurity. Dubbed ‘AI 1 Ventures’ and incorporated in Luxembourg, the new fund targets such areas as Eastern and Western Europe, including the Baltic states, as well as Israel. Tickets from $250,000 to $5 …

New Russian fund intends to invest $100 million in AI/ML projects across Europe and Israel Read More

Russia’s Hermitage experiments with NFTs, “an aesthetic of possession”

September 10, 2021

Russia’s Hermitage Museum, one of the world’s largest art collection, has sold digital copies of several masterpieces in the form of non-fungible tokens (NFT). The auction, in partnership with cryptocurrency exchange Binance, took place from August 31 to September 7. A limited series of NFTs were brought out, featuring digital reproductions of Leonardo da Vinci’s Madonna Litta,  Giorgione’s Judith, Vincent van Gogh’s Lilac …

Russia’s Hermitage experiments with NFTs, “an aesthetic of possession” Read More

Cian, Delimobil target New York IPOs this autumn

November 9, 2021

Russian car-sharing major Delimobil and online real estate classifieds leader Cian are considering US IPOs this autumn, hoping to raise around $350 million each, according to “financial market sources” cited by Reuters on Tuesday.  Delimobil, which announced a $75 million private equity round this past June, is now eyeing a $350 million listing on the New York Stock Exchange and a …

Cian, Delimobil target New York IPOs this autumn Read More

Western-funded KupiVIP shuts down after 13-year e-commerce story

September 13, 2021

On Sept. 1 KupiVIP, once a top Russian fashion site, and its affiliate Mamsy.ru, wound up their operations Sept. 1, unable to compete with Russia’s new generation of online retail giants. “For 13 years we made you happy with each purchase [but] our story is over now,” says a statement posted on the KupiVIP site. …

Western-funded KupiVIP shuts down after 13-year e-commerce story Read More

Russian Academy of Sciences and top university to use Big Data to analyze international relations

September 9, 2021

The Institute for System Programming of the Russian Academy of Sciences (ISP RAS) and the Moscow State Institute for International Relations (MGIMO) have signed an agreement to jointly develop a platform for Big Data analysis in the field of international relations.  This platform will be used by students and researchers to solve applied problems of Russia’s ministry …

Russian Academy of Sciences and top university to use Big Data to analyze international relations Read More

UK research: Russian trolls target Western media

September 7, 2021

Western media news websites are being hijacked by pro-Russian trolls to spread propaganda and disinformation supporting the Kremlin, according to research published by a British university on Monday. The Crime and Research Security Institute at Cardiff University said it had unearthed evidence from 32 major news outlets in 16 countries that have been targeted via …

UK research: Russian trolls target Western media Read More

Sber considers listing digital subsidiaries in a few years

September 6, 2021

Sber, the state-controlled financial and digital giant, considers having some of its digital subsidiaries listed, stated Sber President Herman Gref last week on the sidelines of the Eastern Economic Forum, reiterating previous statements.  The placement, however, would not take place before 2023, news agency Interfax reported Gref as saying.  Sber’s digital ecosystem includes a myriad of companies in the …

Sber considers listing digital subsidiaries in a few years Read More

GetVision’s new fund targets startups from Central and Eastern Europe

September 7, 2021

GetVision, a private investment boutique with offices in Moscow and London, is launching a 1 billion ruble ($13.6 million) tech fund for startups with roots in Central and Eastern Europe. As reported by Rusven, this pre-seed and seed fund will focus on such sectors as fintech, e-commerce, B2B software, and artificial intelligence.   Under plans, the …

GetVision’s new fund targets startups from Central and Eastern Europe Read More

The world’s most powerful mobile charger for electric vehicles is made in Russia

September 4, 2021

In mid-July 2021, Russian company L-Charge unveiled the most powerful electric vehicle charger in the world. This mobile charging station can fully charge your Tesla or Porsche Taycan in just eight minutes and do so while you’re at home, at the office or even stuck in the middle of the road! Before the end of the year, …

The world’s most powerful mobile charger for electric vehicles is made in Russia Read More

Russia accuses Apple, Google of election interference

September 3, 2021

Russia said Thursday that Google and Apple’s refusal to remove jailed Kremlin critic Alexei Navalny’s app ahead of elections could be seen as interference in the country’s domestic affairs. The country is holding parliamentary elections later this month, with nearly all vocal Kremlin critics including Navalny’s allies barred from running.  Roskomnadzor, the Internet and telecom …

Russia accuses Apple, Google of election interference Read More

Sber plans to register digital asset issuance platform in September

September 6, 2021

Sber, Russia’s state-controlled financial and digital giant, continues progressing with the development of its blockchain-based platform for issuing digital assets. Anatoly Popov, deputy chairman of the executive board at Sber, said his organization is planning to have registered its digital asset issuance platform with the Bank of Russia — the country’s central bank — by …

Sber plans to register digital asset issuance platform in September Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.