... mining company Core Scientific for $9 billion, intending to repurpose its data centers (originally built for crypto mining) for AI needs. Interest in defense and aerospace technologies is also leading to record deals. Europe is witnessing unprecedented growth in this segment: German startup Helsing raised around €600 million in a funding round led by the investment fund of Spotify’s founder, boosting the company's valuation to ~€12 billion. As a result, Helsing has entered the top five most highly valued young companies in Europe, confirming the trend towards strengthening the private defense sector....

... company to maintain a competitive position even in conditions of market volatility. 3. Growth potential The company is actively developing new business areas and strengthening its position in the Russian market, which creates opportunities for long-term growth. Investments in digitalization and online trading: Lenta is actively investing in the development of its online platform and delivery infrastructure. This allows it to meet the growing demand for e-commerce and compete with market leaders. In 2023, online ...

... cloud services and AI. Consensus estimates revenue of about $73.9 billion (+14% year-on-year) and ~$3.37 earnings per share. A key focus will be the intelligent cloud segment (Azure): investors will want to learn how Azure has fared (last quarter saw growth accelerate to ~27% year-on-year, and the market hopes for a continuation of this pace). Moreover, Microsoft is actively integrating AI (from investments in OpenAI/ChatGPT to implementing Copilot features in Office) – analysts will be waiting for comments on how these initiatives are impacting sales and costs. Another focal point will be the personal computer business (Windows, devices), ...

... crisis provides an opportunity to rethink development strategies. The key task is to create conditions where innovations can survive and thrive. This requires not only government support but also the active involvement of private investors ready to invest in promising projects.” Conclusion The year 2024 has been a test for the Russian venture market. However, even amidst the downturn, there remains potential for recovery and growth. Economic stabilization, development of the domestic market, and increased investor activity could help lift the venture industry out of the crisis and create conditions for its long-term development.

... robust influx of capital into AI, fintech, and cybersecurity instills confidence in the market's further growth, but venture funds pay particular attention to diversification and risk management. Nonetheless, the main priority will be the quality of growth: focusing on the long-term sustainability of startups and the healthy profitability of investments, ensuring that the new upswing does not lead to overheating. Thus, the venture market enters the next phase of development with moderate optimism, betting on a balanced approach and sustainable innovation development.