The geographic isolation of Australia and New Zealand creates a sense of hustle, if not urgency, around raising funds and building a global product.
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In the dynamic landscape of African international trade, a prevalent challenge looms large: A mere 30% of trade volumes find financial intermediaries in banks. This glaring gap in financing disproportionately impacts small and medium-sized enterprises (SMEs), as their larger counterparts absorb the lion’s share of the limited available capital. The opportunity to reshape African trade […]
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Cameroonian health startup Waspito has secured a $2.5 million seed extension from DP World through Newtown Partners, Saviu Ventures, AAIC Investment, Axian ventures and CFAO’s Health54 to spur its growth in the Francophone region. Waspito is a health-focused social network that allows users (patients) to access and consult with verified doctors over video calls. Additionally, […]
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ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies for more wide-ranging needs. While there is a more…nefarious side to ChatGPT, it’s […]
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In a dramatic turn of events late Friday, ex-Y Combinator president Sam Altman was fired as CEO of AI startup OpenAI, the company behind viral AI hits like ChatGPT, GPT-4 and DALL-E 3, by OpenAI’s board of directors. Then, the company’s longtime president and co-founder, Greg Brockman, resigned — as did three senior OpenAI researchers. […]
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Meet OpenAI’s new board of directors: Bret Taylor, Larry Summers and Adam D’Angelo. Or, more precisely, the board for the time being. We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo. We are collaborating […]
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Audio series platform Pocket FM has topped $160 million in annual recurring revenue and is inching closer to raising over $80 million in a new funding round, three sources familiar with the matter told TechCrunch. Lightspeed, an existing investor in Pocket FM, is in advanced stages of talks to lead the funding round into the […]
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French startup Callyope isn’t your average startup as it is addressing a very hard problem in a highly regulated industry. The startup is building a remote patient monitoring platform for people living with schizophrenia, bipolar disorders and potentially other mental health issues. And the company is using the patient’s voice for this monitoring tool. Callyope […]
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Sam Altman is returning to OpenAI as its chief executive, the high-profile AI startup said Wednesday, capping an intense five days of discussions, debates and convincing following the sudden dismissal of Altman last week from the startup he co-founded. OpenAI, which is the most valuable U.S. startup, said it has reached an “agreement in principle” […]
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There is “reasonable evidence” to conclude that Tesla and its officers, including CEO Elon Musk, knew its vehicles had defective Autopilot systems but still allowed the cars to be driven in areas “not safe for that technology,” a Florida judge found. The ruling last week from Judge Reid Scott, in the Circuit Court for Palm […]
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In a dramatic turn of events late Friday, ex-Y Combinator president Sam Altman was fired as CEO of AI startup OpenAI, the company behind viral AI hits like ChatGPT, GPT-4 and DALL-E 3, by OpenAI’s board of directors. Then, the company’s longtime president and co-founder, Greg Brockman, resigned — as did three senior OpenAI researchers. […]
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Integrating with a payment API is something most — if not all — business-to-consumer platforms are forced to do at some point. It’s practically unavoidable if they wish to take credit card payments. The trouble is, for platforms dealing in bills and invoices, not just one-off charges, few payment APIs have all the features necessary […]
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ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies for more wide-ranging needs. While there is a more…nefarious side to ChatGPT, it’s […]
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AI startups that aren’t OpenAI are plugging away this week, it’d seem — sticking to their product roadmaps even as coverage of the chaos at OpenAI dominates the airwaves. See: Stability AI, which this afternoon announced Stable Video Diffusion, an AI model that generates videos by animating existing images. Based on Stability’s existing Stable Diffusion text-to-image […]
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Kinterra Capital, a Canadian private equity firm, has closed its $565 million debut fund dedicated to securing critical mineral assets for battery development. The influx of private capital comes amid increasing government incentives into the sourcing and production of battery materials in North America. Kinterra’s oversubscribed round will target asset-level investments in North America, Western […]
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