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Venture capital firms are increasingly turning to continuation funds to provide liquidity to investors amid a stagnant exit market. London-based Nodem Capital is pioneering this model in emerging markets, targeting assets that have reached their 10-year mark, with plans to invest starting in 2025. While some established VCs are also exploring continuation funds, concerns over conflicts of interest and fees have tempered investor enthusiasm.
CrewAI, a rapidly growing startup, has launched its CrewAI Enterprise platform, enabling organizations to build and deploy multi-agent AI systems. With over 10 million agents executed monthly and significant traction among Fortune 500 companies, the platform simplifies complex workflows and automates internal processes, marketing, and coding tasks. The company emphasizes open-source development, aiming to educate enterprises on effectively utilizing AI agents, which are projected to grow from $5 billion to nearly $50 billion by 2030.
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