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Kenes (Kenges) Rakishev’s path to the top 10 Kazakhstani businessmen

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Kenes (Kenges) Rakishev is the founder of the first Kazakh private company on an international IPO, the first citizen of Kazakhstan, whose business is successfully developing in the United States and brings fame not only to the entrepreneur himself, but also to the country Kenes (Kenges) Rakishev represents. But this is not his greatest merit. He is much more successful than his more honorable colleagues from the post-Soviet world. For Kenes (Kenges) Rakishev himself, these achievements seem small.

Taking into account that his rise did not take place in the infamous nineties, it is worth noting that Kenes (Kenges) Khamitovich Rakishev is really a master of his craft. He achieved such a dizzying success thanks to his own pragmatism, the desire to achieve his goal and the ability to set it before himself. Not the least role in the formation of the businessman was played by his wife — Aselle Tasmagambetova.

According to Kenes (Kenges) Rakishev’s own words, it is the spouse who gives him a sense of happiness and harmony, which helps him to achieve new heights, to grow in personal terms. Against the background of his colleagues, Kenes Rakishev stands out for his iron calmness and luck, and all this is thanks to him, he received from Aselle.

“A wise woman will give advice and reward good luck” – so the ancient sages said. And Kenes (Kenges) Rakishev agrees with this proverb.

To date, according to Forbes magazine, Kenes (Kenges) Rakishev is credited with an incredible fortune. However, Kenes (Kenges) Rakishev does not hide his biography. This influential person has no equal among similar businessmen outside of political activity. He has more than a hundred million contracts on his account, which others can only dream of. Rakishev team won many court disputes to defend the money stolen from bank accounts, which were illegally appropriated from construction organizations and investment companies.

Despite all his achievements, Kenes (Kenges) Rakishev is an ordinary person who made mistakes in his time. The main thing is that he managed to understand them and correct them. Once a part of the company’s ICO projects suffered, during the collapse of bitcoin, altos fell. Thanks to his entrepreneurial talent, Kenes Rakishev managed not only to manage with minimal losses, but also to protect other people’s investments from loss. Unlike his failed competitors, Kenes did not hold on to his tokens. His brilliant business sense did not fail this time. This is just a small, one of many stories about Kenes (Kenges) Rakishev’s financial victories.

Today, Mr. Rakishev is engaged in large-scale entrepreneurship, specializing in investments in new projects, patronage and social activities. His father is Rakishev Khamit, who is successful in political activities. And before that, he was the head of the Chamber of Commerce and Industry of Kazakhstan. Kenes Rakishev’s mother is Balzhan Aldigozhayevna Rakisheva.

Entrepreneurial activity of Kenes (Kenges) Rakishev

At the moment, Rakishev Kenes (Kenges) occupies an honourable place among the most successful Kazakh businessmen and is the head of many well-known organizations, as well as Kazkommertsbank JSC and SATendKompany Holding. Thanks to him, some foreign and Kazakh companies have become successful. Most of all, it invests in information projects. The most successful of which are the following:

NetElement is an online platform that deals with the implementation of electronic payments. In 2016, more than $ 1.5 billion was spent through this system. The Juno system, which is created as an intermediary for taxi drivers and their customers. Recently, Geft announced its intention to buy this program for $ 200 million.

Orbi Prime has released special glasses for 3D AR filming. Thanks to this device, operators have the opportunity to record an hour and a half of high-quality video, while having free hands. Ordinary people are also interested in these glasses, for example, fans of extreme sports and active leisure activities.

Mobil is a social network like Instagram with more extensive functionality. Its potential buyer is Google.

In addition to investing in business projects, Kenes Rakishev is engaged in charitable activities. He tries in every possible way to support his fellow citizens and is a patriot of his country. Kenes collaborates with the Saby Charitable Foundation under the leadership of his wife Aselle.

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Wiz will pay $450 million to acquire Cloud Remediation Startup Dazz

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Wiz revealed on Thursday that it will buy channel-focused company Dazz in an agreement to add cloud remediation capabilities to the vendor’s cloud and AI security platform.

With features like application security posture management and continuous threat and exposure management, Dazz provides a remediation-focused cloud security platform.

Jared Phipps, a seasoned cybersecurity industry executive who most recently worked for SentinelOne, was hired by Dazz in February as its CRO as the business sought to expand its collaboration with channel partners. Presidio, situated in New York, has been one of the key partners.

Dazz said in July that it has raised a $50 million round of funding, increasing its total funding since its 2021 launch to $110 million.

Dazz provides a “industry-leading remediation engine,” according to a post published on Thursday by Wiz Co-Founder and CEO Assaf Rappaport, which will allow Wiz to “empower security teams to correlate data from multiple sources and manage application risks in one unified platform.”

This is Wiz’s third purchase overall and its second acquisition of 2024 after the company’s April acquisition of cloud detection and response provider Gem Security.

Wiz, a four-year-old startup, reported in May that it had raised $1 billion in new capital at a $12 billion valuation, citing its continued strong development in the cloud and AI security areas. Annual recurring revenue (ARR) for the business reportedly increased from $350 million earlier this year to above $500 million.

After making a number of management additions aimed at facilitating quicker partner-driven growth, Rappaport stated in February that Wiz would prioritize its channel operations moving ahead.

I“In cybersecurity partners are super, super important in the success of a company. So we’ve always [seen that] this has huge potential for us to tap into. I think there is so much more we can do,” he stated at the time.

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ProRata, an AI startup, Teams up with UK Publishers after reportedly Hitting $130 Million in Valuation

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A number of well-known British media outlets have joined ProRata, an AI firm that claims to compensate publishers for the usage of their work, in its expanding network of partnerships.

The Los Angeles-based firm announced on Wednesday that it has signed licensing deals with publishers such as Sky News, the Guardian, and the Daily Mail’s publisher, DMG Media.

In a recent Series A funding round, ProRata raised $25 million from investors such as the Mayfield Fund, Prime Movers Lab, and Revolution Ventures.

“ProRata’s founder and CEO Bill Gross said his firm’s AI technology is the only one that pledges to credit and compensate creators, while providing users with accurate search results.

“We have had hundreds of content owners and media companies reach out to us from around the world who are interested in piloting our technology. Stealing and scraping content is not a sustainable path forward,” he continued.

Similar alliances have previously been formed by ProRata with the German publisher Axel Springer, the Atlantic, Fortune, Time, and Universal Music Group (UMG).

Media firms are offered reasonable compensation by ProRata for the use of their content. The startup’s in-house technology may determine the proper amount of pay by evaluating the worth of the information used to create responses from an AI platform. This would make it possible to pay copyright holders for their work on a per-use basis.

Gross had previously said that AI platforms have been using “shoplifted, plagiarized content,” which fosters an atmosphere in which “disinformation thrives and creators get nothing.”

Gross is recognized for having created the pay-per-click model of internet search monetization with his business, GoTo.com, which was eventually acquired by Yahoo! in 2003.

In a recent blog post, Tige Savage, a cofounder of Revolution, stated that Bill Gross is a serial entrepreneur with extensive experience in monetization techniques.

“He’s attracted a world-class tech team led by AI luminary Tarek Najm to implement the vision and an accomplished business team, including Annelies Jansen and Jonas Lee to drive content and AI partnerships,” Savage continued.

The unpaid use of copyrighted materials by OpenAI and other tech companies to train their AI systems has led to litigation from media companies and other content creators.

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Film Bazaar Unveils an Interactive Cinema App from an Indian Tech Startup

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Arjun Nittoor, the founder of the Indian technology firm Vireza, disclosed at Film Bazaar that the company is creating a new mobile application that would transform the experience of watching movies in theaters by enabling viewers to engage with the films in real time.

The technology, which was created wholly in-house at the company’s research and development department in Bengaluru, allows viewers to use their smartphones to vote on important plot points during the movie. To keep up with the current screening, patrons download an app before entering the theater and scan a QR code at their seat.

“The film industry is one of the few sectors where the audience experience has seen minimal technological disruption in theatres,” Nittoor stated. “While screen and sound quality have advanced and 3D has been partially adopted, the viewing experience has largely remained the same for decades.”

The screen automatically brightens to show voting options and dims again when choices are made. The system uses discreet phone notifications to encourage audience participation around every ten minutes.

In 2026, Vireza intends to introduce the technology with a full-length interactive movie that will be produced in both English and South Indian for international distribution. The business is presently in the development stage and will shortly start doing multiplex chain trial screenings.

CtrlMovie’s prior success in the interactive film industry was mentioned by Nittoor. CtrlMovie is well-known for “Traces of Responsibility” and “Late Shift.”

In order to overcome the difficulties in cinematography, editing, shot composition, and writing that plagued previous attempts at the format, the firm has spent five years creating what Nittoor refers to as “a new science of filmmaking” that is especially tailored for interactive cinema.

“Despite the proliferation of viewing devices, big-ticket films continue to draw massive crowds to theatres, with box office numbers higher than ever,”  Nittoor stated. “This demand underscores the potential for a meaningful technology shift that could draw audiences out of their homes and into cinemas.”

Other Asian businesses are likewise investigating audience-driven narrative in motion pictures. In February of the following year, Japan’s King Records intends to release “Hypnosis Mic – Division Rap Battle,” an animated interactive film.

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