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In 2016, I was offered a role as a director of product design at a New York tech startup called UpTop. How I got a job at a New York tech startupI studied business law at college in Ukraine but decided I wanted to follow my passion and become a designer. I worked at three other companies in Ukraine before moving to the US, doing UX and product design. In the US, I feel that big companies are developing original ideas and patents, while in Ukraine, the biggest tech companies provide consultancy services. As a product design director at UpTop, I could choose which features to research and test and decide how a certain feature would be implemented.
Persons: , Yaroslav Zubko, I'd, hadn't, I've, UpTop, it's, Tinder Organizations: Service, Business, Zubko, Deloitte Locations: New York, Ukraine, America, UpTop, Tinder, SoftServe, Ukrainian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael PM Benjamin Netanyahu to CNBC: Two state solution would be a reward for terroristsCNBC’s Sara Eisen sits down with Israeli Prime Minister Benjamin Netanyahu to discuss Israel’s war in Gaza, the impending invasion of Rafah, the strategy against Hamas, and how he’s addressing internal and international divisions over the Israeli military’s response to the Oct. 7 attacks.
Persons: Benjamin Netanyahu, CNBC’s Sara Eisen Organizations: Israel, CNBC, Israeli, Hamas Locations: Gaza, Rafah
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsraeli PM Benjamin Netanyahu to CNBC: I hope we can see eye to eye with the United StatesCNBC’s Sara Eisen sits down with Israeli Prime Minister Benjamin Netanyahu to discuss Israel’s war in Gaza, the impending invasion of Rafah, the strategy against Hamas, and how he’s addressing internal and international divisions over the Israeli military’s response to the Oct. 7 attacks.
Persons: Benjamin Netanyahu, United States CNBC’s Sara Eisen Organizations: CNBC, United, Israeli, Hamas Locations: United States, Gaza, Rafah
Maps Show Scarce Shelter and Medical Care as Rafah Operation Is UnderwayHundreds of thousands of Gazans have fled the southern region of Rafah over the past week, after Israel has expanded its evacuation orders amid continued bombardment and fierce fighting there. Satellite imagery taken after the May 6 incursion shows extensive new damage to eastern parts of Rafah. Additional damaged buildings were identified in satellite imagery collected from May 5 to May 7. As of Tuesday, new high resolution satellite imagery of the evacuation area in Rafah was not available after May 7. ISRAEL Rafah crossing N EGYPT Kerem Shalom crossing 1 mile Source: World Health Organization; International Committee of the Red Cross press releases Note: Data is as of May 14.
Persons: Younis, Copernicus, Israel, Corey Scher, Den, Abu Yousef al, EGYPT Al Helal, Helal, EGYPT Kerem Organizations: Planet Labs, The New York Times, Health, United Nations, The United Nations, New York Times, Copernicus Sentinel, CUNY, Center, Den Hoek of Oregon State University, Labs, Najjar, Maternity, Health Organization, International Committee, Red Cross Locations: Rafah, Israel, Gaza, Rafah Egypt Israel Rafah, Kerem Shalom, Israel Egypt Rafah, Egypt, GAZA, Rafah ISRAEL EGYPT Rafah, Rafah ISRAEL EGYPT, Shalom, Den Hoek of, Kuwait, EGYPT, EGYPT Al Helal Al, ISRAEL Rafah, Helal Al, EGYPT Kerem Shalom, Jabaliya, Gaza City
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsraeli PM Benjamin Netanyahu to CNBC: We do have a disagreement with Biden on RafahCNBC’s Sara Eisen sits down with Israeli Prime Minister Benjamin Netanyahu to discuss Israel’s war in Gaza, the impending invasion of Rafah, the strategy against Hamas, and how he’s addressing internal and international divisions over the Israeli military’s response to the Oct. 7 attacks.
Persons: Benjamin Netanyahu, Biden, Sara Eisen Organizations: CNBC, Israeli, Hamas Locations: Rafah, Gaza
Mapping Russia’s Sudden Push Across Ukrainian LinesAll of a sudden, Russian forces are making progress in many directions at once. Vovchansk RUSSIAN TROOPS Ohirtseve RUSSIAN ADVANCE MAY 14 RUSSIA Another line of Russian attack was near the town of Krasne. UKRAINE Tykhe RUSSIA Vovchansk Ohirtseve RUSSIAN TROOPS Another line of Russian attack was near the town of Krasne. The real goal may be to divert already-weakened Ukrainian forces from critical battles elsewhere. Russia’s broad range of attacks appears to be stretching Ukrainian forces thin.
Persons: Shestakove, Slatyne Rohan Derhachi, RUSSIA Vovchansk, Franz, Stefan Gady, Chasiv Yar, Kyrylo Budanov, , Organizations: Slatyne Rohan Derhachi Kharkiv, American, New York, Ukrainian, Kharkiv Kupiansk, RUSSIA, Makiivka Donetsk Locations: Kharkiv, Ukraine’s, UKRAINE, Russia, Ohirtseve, RUSSIA, Krasne, Hlyboke, Kut, Slatyne Rohan Derhachi Kharkiv, Ukraine, Avdiivka, Donetsk, RUSSIA Russian, Vienna, , Chasiv Yar
CNN —Slovakia’s Prime Minister Robert Fico was in a life-threatening condition in hospital Wednesday after he was shot multiple times in an assassination attempt. Slovakia's Prime Minister Robert Fico attends a European Council summit in Brussels, on April 18, 2024. Kenzo Tribouillard/AFP via Getty Images/FILEFico previously served as Slovakia’s prime minister for more than a decade, first between 2006 and 2010 and then again from 2012 to 2018. European Commission President Ursula von der Leyen, tweeted: “I strongly condemn the vile attack on Prime Minister Robert Fico. My thoughts are with PM Fico, his family.”And Hungarian Prime Minister Orban added: “I was deeply shocked by the heinous attack against my friend, Prime Minister Robert Fico.
Persons: CNN —, Robert Fico, Fico, Zuzana Čaputová, “ I’m, Roberto Fico, ” Čaputová, upend, , , Vladimir Putin, Viktor Orban, Kenzo Tribouillard, Jan Kuciak, Martina Kušnírová, Kuciak, Ursula von der Leyen, Orban Organizations: CNN, CNN — Slovakia’s, Facebook, Ukraine, NATO, Kremlin, Hungary’s, European Union, Slovakia's, Getty Locations: Handlova, Banska Bystrica, Bratislava, Slovak, Ukraine, Brussels, AFP, Hungarian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Israeli PM Benjamin Netanyahu on Rafah, US relations and moreCNBC’s Sara Eisen sits down with Israeli Prime Minister Benjamin Netanyahu to discuss Israel’s war in Gaza, the impending invasion of Rafah, the strategy against Hamas, and how he’s addressing internal and international divisions over the Israeli military’s response to the Oct. 7 attacks.
Persons: Benjamin Netanyahu, Sara Eisen Organizations: Israeli, Hamas Locations: Rafah, Gaza
A damaged United Nations vehicle is seen in front of a hospital after a UN employee was killed in an attack on a vehicle in Gaza, according to Israeli media. The White House believes an Israeli ground offensive in Rafah would be a mistake and is “urgently” working toward a ceasefire, National Security Adviser Jake Sullivan said Monday. The Biden administration is urging Israel to connect their military operations to a “clear” end game for the war, Sullivan told reporters. Hamas treated in Turkey: Turkish President Recep Tayyip Erdogan said that "more than 1,000 Hamas members are currently under treatment" in Turkish hospitals. Aid ransacked: Israeli activists opposed to helping Palestinians in Gaza intercepted and ransacked an aid shipment.
Persons: Ali Jadallah, Jake Sullivan, Biden, Sullivan, Recep Tayyip Erdogan Organizations: United Nations, UN, Getty, Israel, American, CNN, National, State Department, Hamas, enclave's Health Ministry, West Bank, Palestinian Authority . United Nations Locations: Gaza, Anadolu, Gaza's, Rafah, Israel, Palestinian, Turkey, Turkish, Jordan
Secretary of State Antony J. Blinken sought to reassure Ukrainians on Tuesday that they could weather an ominous new Russian military offensive and count on long-term support from the United States and its European allies. “You are not alone,” Mr. Blinken declared in remarks in the capital city, Kyiv, where he arrived by train on Tuesday morning for an unannounced visit at what he called “a critical moment” for Ukraine’s future as Russia makes fresh military gains around the northeastern city of Kharkiv. It is Mr. Blinken’s fourth trip to Kyiv since Russia launched a full-scale invasion of Ukraine in February 2022, and the first by a senior U.S. official since President Biden signed a $60.8 billion aid package approved by Congress three weeks ago after months of infighting among House Republicans. Mr. Blinken’s trip was planned before the Russian offensive, which has only underscored the importance of the American support that he came to highlight.
Persons: Antony J, Blinken, , ” Mr, Blinken’s, Biden Organizations: Congress, House Republicans Locations: United States, Kyiv, Russia, Kharkiv, Ukraine, U.S
Tbilisi, Georgia CNN —Georgia’s parliament has passed a controversial “foreign agents” bill despite widespread domestic opposition and warnings from the European Union that its enactment would imperil the country’s chances of joining the bloc. Many Georgians fear their foreign agents bill will be used the same way in their country. Georgia’s parliament now has 10 days to send the bill to President Salome Zourabichvili, who has already vowed to veto it. However, EU leaders have made it clear that the foreign agents bill’s passage would jeopardize Georgia’s chances of accession. Georgian law enforcement officers detain a demonstrator near the parliament in Tbilisi on May 14.
Persons: Georgia CNN —, Salome Zourabichvili, Zourabichvili, Giorgi Arjevanidze, Bidzina Ivanishvili, they’ve, Putin, ” Zourabichvili, Shakh, Levan Khabeishvili, , ” Khabeishvili, ” Dmitry Peskov, Vladimir Putin’s, Irakli, CNN’s Christian Edwards, Anna Chernova, Vasco Cotovio Organizations: Georgia CNN, European Union, EU, United, Getty, Soviet Union, Georgian, CNN, European Locations: Tbilisi, Georgia, Russia, Ukraine, Europe, Soviet, United States, Caucasus, Turkey, Armenia, Azerbaijan, AFP, Russian, Moscow
As much as $300 billion in Russian assets, frozen in the West since the invasion of Ukraine, is piling up profits and interest income by the day. Now, Europe and the United States are considering how to use those gains to aid the Ukrainian military as it wages a grueling battle against Russian forces. There has been a debate for months about whether it would be legal or even wise to confiscate the frozen assets altogether. They argue that confiscation would be a bad precedent, a violation of sovereignty and could lead to legal challenges, financial instability and retaliatory seizures of Western assets abroad. But proposals to seize and use the profits earned on those Russian assets — the interest on accumulated cash stemming from the sanctions, said Euroclear, a financial services company — are gaining considerable ground.
Persons: Christine Lagarde, Euroclear Organizations: Russian, European Central Bank Locations: West, Ukraine, Europe, United States, Britain, France, Germany, Indonesia, Italy, Japan, Saudi Arabia
CNN —The signs are mounting that the International Criminal Court (ICC) is weighing an indictment against Israeli Prime Minister Benjamin Netanyahu and other top Israeli officials over Israel’s conduct of its war against Hamas in Gaza. But in 2015 the ICC stepped in to decide that implicitly it is, by accepting it — without consulting the Assembly of States Parties (ASP), representing ICC member states. Could the highly respected chief prosecutor, Britain’s Karim Khan, be feeling some pressure to play his part in ramping up the pressure on Netanyahu? Netanyahu is on the ropes politically and would almost certainly be trounced in an election held today. Israel desperately needs Netanyahu to be gone, as does the region and the world.
Persons: Dan Perry, Read, Benjamin Netanyahu, , Russia’s Vladimir Putin, Sudan’s Omar al, Bashir, Moammar Ghadhafi’s, Saif, Netanyahu, Israel’s, Jordan, Egypt —, Dan Perry Moreover, , Britain’s Karim Khan, Joe Biden’s, Israel Organizations: London, Associated Press, CNN, Criminal Court, Israeli, ICC, West Bank, ISIS, UN, States Parties, West, The West Bank, Bank, Palestinian Authority Locations: Cairo, Europe, Africa, Israel, Gaza, United States, Jerusalem, Sudan, Britain, Iraq, al, Libya, Yemen, Palestine, Palestinian, West Bank, East Jerusalem, Egypt, ramping, Iran
Ready-to-ship canisters filled with enriched uranium at the Urenco USA uranium enrichment facility near Eunice, New Mexico, US, on Tuesday, July 11, 2023. Russia's invasion of Ukraine is forcing the US and Europe to search for alternative sources of enriched uranium to power their reactors. The United States will ban imported Russian uranium starting on Aug. 11, the U.S. Department of Energy announced Tuesday. "Our nation's clean energy future will not rely on Russian imports," U.S. Energy Secretary Jennifer Granholm said in a statement. "Banning imports of Russian uranium will jumpstart America's nuclear fuel industry, further defund Russia's war machine, and help revive American uranium production for decades to come," Barrasso said in a statement on Monday after the bill's enactment.
Persons: Joe Biden, Jennifer Granholm, Sen, John Barrasso, Barrasso, Anatoly Antonov, Biden, Organizations: U.S . Department of Energy, Department of Energy, U.S, Exchange, Uranium, Uranium Miners, U.S . Energy, U.S ., Energy, Natural Resources Locations: Eunice , New Mexico, Russia's, Ukraine, Europe, United States, Russia, U.S
Washington CNN —For the second time in less than a week, President Joe Biden falsely claimed Tuesday that the inflation rate was 9% when he began his presidency. The year-over-year inflation rate in January 2021, the month of his inauguration, was about 1.4%. The Biden-era inflation rate did peak at about 9.1% – but that peak occurred in June 2022, after Biden had been president for more than 16 months. The March 2024 inflation rate, the most recent available rate at the time Biden made these comments, was about 3.5%, up from about 3.2% the month prior. Separate Producer Price Index data that was released on Tuesday showed the highest wholesale inflation rate in a year.
Persons: Joe Biden, Biden, Donald Trump, ” Biden, , it’s, Biden’s, Trump Organizations: Washington CNN —, CNN, Yahoo Finance, Biden, White Locations: Ukraine
The Biden administration has told Congress that it intends to move forward with a plan for the United States to sell more than $1 billion in new weapons to Israel, according to three congressional aides familiar with the deal. The notification of the sale, which would include new tactical vehicles and ammunition, comes as President Biden has withheld a shipment of bombs to Israel, hoping to prevent U.S.-made weapons from being used in a potential invasion of the southern Gaza city of Rafah. The potential arms transfer illustrated the narrow path the Biden administration is walking with Israel, trying to prevent an assault on Rafah and limit civilian casualties in Gaza but continuing to supply a longtime ally that the president has said has a right to defend itself. One congressional aide said Congress had been aware of the arms deal for months, and suggested that the administration had simply waited for a foreign aid package with more aid for Israel to pass before moving forward with the required congressional notification process. When asked about the package, which was reported earlier by The Wall Street Journal, the State Department referred to recent comments from Jake Sullivan, the White House national security adviser, citing a continued commitment to supply Israel with military assistance to defend itself from threats in the region.
Persons: Biden, Jake Sullivan Organizations: Wall Street Journal, State Department, White House Locations: United States, Israel, Gaza, Rafah
Russia is believed to be using North Korean missiles and shells in its invasion of Ukraine. North Korean shells are often defective and blow up before being fired, reports claim. South Korean intelligence said Monday it suspects the weapons may date from the 1970s. AdvertisementRussia is using North Korean artillery shells in its invasion of Ukraine that may have been made in the 1970s, South Korean media reported. South Korean intelligence, the National Intelligence Service (NIS), told news agency Yonhap that it's reviewing reports that North Korea has supplied its ally Russia with weapons made five decades ago.
Persons: Organizations: Korean, Service, National Intelligence Service, Business Locations: Russia, Ukraine, North, South, Korea, North Korea
But Putin's replacement of Defense Minister Sergei Shoigu was unexpected — and his choice of successor, civilian economist Andrei Belousov, was even more of a surprise. Russia's incoming Defense Minister Andrey Belousov. "Belousov's main goal is to secure [Russia's] military needs in terms of arms. The Kremlin announced on Sunday that Shoigu, Russia's defense minister since 2012, had been relieved of his post and would become secretary of Russia's influential Security Council. Prigozhin died last August in a plane crash after a short-lived and ill-fated rebellion against Russia's military leadership.
Persons: Vladimir Putin, Miguel Diaz, Maxim Shemetov, Sergei Shoigu, Andrei Belousov, Belousov, Putin, Andrey Belousov, Shoigu, Belousov's, Dmitry Peskov, Peskov, Uralvagonzavod, Ramil Sitdikov, Staff Valery Gerasimov, Tatiana Stanovaya, Stanovaya, Nikolai Patrushev, Yevgeny Prigozhin, Ukraine —, Prigozhin, Valery Gerasimov, Mikhail Klimentyev Organizations: Cuban, Canel, Reuters, NATO, Institute for, Anadolu, Getty, Kremlin, Russian MoD, Defense Ministry, Sputnik, Afp, Staff, Carnegie Russia Eurasia Center, CNBC, Nazi, Security, Wagner Group, Russian Armed Forces, Russian Defence, Defence Ministry Board, National Defence Control Centre Locations: Moscow, Russia, Ukraine, Washington, Kharkiv, Russian, Urals, Nizhny Tagil, Nazi Germany, Kremlin
Central banks accounted for one-quarter of gold demand in 2022 and 2023, as the institutions bought over 1,000 tons of gold each year, according to the World Gold Council in a recent report. Related storiesThe world's central banks continued buying gold, snapping up 290 tons of gold in the first quarter of this year — the strongest start to any year on record, according to the council. AdvertisementThis suggests that gold purchases by some central banks may have been driven by concerns about sanctions risk, Gopinath said. Central banks will keep buying, despite high pricesWhile China's central bank gold buying has been hogging the headlines, other central banks are also loading up on gold. The World Gold Council wrote in its recent report that other big gold buyers included Turkey and India.
Persons: , Gita Gopinath, it's, Gopinath, IMF's Gopinath Organizations: Service, Monetary Fund, Business, World Gold, US Treasury, Agency, JPMorgan Locations: Ukraine, Central, Russia, China, Turkey, India
Palestinians leave the Jabalya Refugee Camp with their belongings in Gaza, on May 12. Dawoud Abo Alkas/Anadolu/Getty ImagesIsrael is battling Hamas across Gaza, including in the Jabalya refugee camp in the north. Israel, which previously said it controlled Jabalya, said it is trying to stop Hamas regrouping there. Video captured heavy gunfire, Israeli tanks and the sound of drones in the area on Sunday. The Israeli military said it was continuing "precise operations" in eastern Rafah and near the Rafah crossing, ahead of a planned full-scale invasion.
Persons: Dawoud Abo Organizations: Dawoud Abo Alkas, Getty, Israel, Gaza's Health Ministry Locations: Gaza, Anadolu, Israel, Rafah
Sputnik/Gavriil Grigorov/Kremlin via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. Russian President Vladimir Putin has moved his longtime ally Sergei Shoigu from the defense ministry to Russia's powerful Security Council amid a government reshuffle. Russian economist Andrei Belousov will be Russia's new defense minister, while Shoigu will replace Nikolai Patrushev, another long-standing Putin ally, as the secretary of the powerful Security Council. Shoigu had headed the defense ministry since 2012, going in to the role with no military experience, and oversaw Russia's invasion of Ukraine in February 2022. In other news, Russia's Defense Ministry on Sunday claimed more advances in the Kharkiv area of Ukraine after Russian forces launched a new offensive in the northeastern region.
Persons: Vladimir Putin, Sergei Shoigu, Staff Valery Gerasimov, Staff Sergei Rudskoi, Andrei Belousov, Shoigu, Nikolai Patrushev, Putin, Yevgeny Prigozhin, Prigozhin, Belousov Organizations: Staff, Armed Forces, Sputnik, Security Council, Wagner Group, Kremlin, Russia's Defense Ministry, Sunday Locations: Ukraine, Rostov, Don, Russia, Kremlin, Russian, Kharkiv
Alexandra Prokopenko, a former adviser at Russia’s Central Bank, put the shakeup down to the growing interrelationship between the war and Russia’s economy. “Putin’s priority is war; war of attrition is won by economics,” Prokopenko wrote in a thread on X. Russia's President Vladimir Putin, center-right, with Sergei Shoigu, at Red Square for the Victory Day military parade in central Moscow on May 9, 2024. Putin has shifted Shoigu sideways to a post as the secretary of Russia’s Security Council, meaning that Shoigu is not completely out of the picture. Discussing Shoigu’s new appointment, Kremlin spokesperson Dmitry Peskov said the former defense minister would remain immersed in matters of military production.
Persons: Vladimir Putin’s, shakeup, Andrey Belousov, Sergei Shoigu, Alexandra Prokopenko, ” Prokopenko, Belousov, Vladimir Putin, Natalia Kolesnikova, Prokopenko, Pyotr Stolypin, Putin, Shoigu’s, Dmitry Peskov, Peskov, ” Peskov, General Valery Gerasimov, Nikolai Patrushev, Patrushev, Mikhail Mishustin, Dmitry Patrushev, , , Tatiana Stanovaya Organizations: CNN, Kremlin, Russian Ministry of Defense, Russia’s Central Bank, Russia's, Victory Day, Getty, NATO, Putin, US Congress, Ministry of Defense, Security, Russia’s General Staff, subjugating, Security Council, Federal Security Service Locations: Ukraine, Russia, Moscow, AFP, Europe, Kyiv, Shoigu, Russian, Japan, Soviet Union, subjugating Ukraine, Patrushev
In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin attends the Victory Day military parade in central Moscow on May 9, 2024. Mikhail Klimentyev | Afp | Getty ImagesRussian President Vladimir Putin tapped a civilian economist as his surprise new defense minister on Sunday in an attempt to gird Russia for economic war by trying to better utilize the defense budget and harness greater innovation to win in Ukraine. More than two years into the conflict, which has cost both sides heavy casualties, Putin proposed Andrei Belousov, a 65-year-old former deputy prime minister who specializes in economics, to replace his long-term ally, Sergei Shoigu, 68, as defense minister. That, said Peskov, meant it was vital to ensure such spending aligned with and was better integrated into the country's overall economy, which was why Putin now wanted a civilian economist in the defense ministry job. Putin's move, though unexpected, preserves balance at the top of the complex system of personal loyalties that make up the current political system.
Persons: Vladimir Putin, Mikhail Klimentyev, Putin, Andrei Belousov, Sergei Shoigu, Nikolai Patrushev, Patrushev, Dmitry Peskov, Peskov, Belousov, Alexander Baunov Organizations: Sputnik, Victory Day, Afp, Getty, Security, Putin, West, Defence, Carnegie Russia Eurasia Center Locations: Russian, Moscow, Russia, Ukraine, Soviet Union
CNN —The Israeli military has renewed its fighting in northern Gaza where it previously claimed to have dismantled Hamas’ command structure. The Israeli military also began operating in the area of Zeitoun in central Gaza, as it continues its offensive in eastern Rafah and near the Rafah crossing with Egypt. “Israel’s strategy is not a good one,” said Danny Orbach, a military historian at the Hebrew University of Jerusalem. Others say the re-emergence of Hamas “pockets” is not unusual, and that the Israeli military will have to keep re-entering areas in Gaza until no more fighters emerge. “This process will happen again and again,” Amir Aviv, former deputy commander of the Gaza Division of Israel’s military, told CNN, until all “pockets of resistance” are removed.
Persons: Israel’s, Biden, Antony Blinken, Blinken, Israel, Khan Younis, ” Blinken, Israel “, Dawoud Abo, , Danny Orbach, Netanyahu, Netanyahu “, ” Orbach, Phil, General Herzi Halevi, Tamir Hayman, Hayman, ” Amir Aviv, Organizations: CNN, CBS News, Israel, Dawoud Abo Alkas, Getty, Hebrew University of Jerusalem, Palestinian Authority, West Bank, Israel Defense Forces, Staff, Institute for National Security Studies Locations: Gaza, Palestinian, Zeitoun, Rafah, Egypt, Israel, United States, Rafah –, Washington, , Gaza City, Anadolu, East Jerusalem, Tel Aviv
AccelVenture capital firm Accel said Tuesday it's raised $650 million for its eighth fund targeted at investing in European and Israeli early-stage startups, in a sign the venture capital market may be showing signs of a recovery. "The environment has dramatically changed since then," Nelis told CNBC. Climate-focused VC firm World Fund closed a 300 million euro fund in March. "We're lucky that with DeepMind here in London and with Fair [Facebook AI Research] in Paris, there's at least two big centers that have great AI expertise," Nelis told CNBC. "My expectation is Europe is going to generate some really interesting AI application companies," Nelis told CNBC.
Persons: Harry Nelis, Sonali de Rycker, Andrei Brasoveanu, Luca Bocchio, Philippe Botteri, it's, Nelis, UiPath, Russia's, Wise, Magnus Grimeland, Grimeland, there's, Victor Riparbelli, Synthesia, Riparbelli Organizations: Accel, Accel Venture, Spotify, CNBC, Skype, U.S, Nvidia Locations: Europe, Israel, Lithuania, Romania, Ukraine, New York, U.S, London, Paris, Synthesia
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