Investment

[ad_1] Since the beginning of this year, five startups with AI-driven social products have received cumulative funding of $27.8 million in seed and Series A rounds in addition to one undisclosed round, according to data from research platform Tracxn. They are social platform Plutus, social media apps Hunch and Explurger, stock-focused social platform OpiGo, and professional social network platform Medial. “We are building a model that learns user behaviour…

[ad_1] Lazard Asset Management, Manulife Investment Management and Candriam Belgium NV are paring exposure to India after a record-breaking rally. They’re pivoting to former favourite China, as Beijing’s support for its economy spurs a recovery in industrial profit and manufacturing.  The nascent swing highlights how funds are starting to buy into the narrative that China’s policy support will be enough to revive growth. While major Wall Street banks continue…