Monthly Archives: June 2023

China’s Baidu claims its Ernie Bot beats ChatGPT on key tests as A.I. race heats up

Baidu said the artificial intelligence model called Ernie 3.5 outperformed OpenAI’s ChatGPT and GPT 4 in several key areas.

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ShopZetu raises pre-seed funding to fuel growth of its fashion marketplace beyond Kenya

Kenyan fashion e-commerce startup ShopZetu is set to add beauty and home décor categories to its portfolio, in response to the growing needs of the young and style-conscious women in Africa. This is as it currently scales regionally over the … Continue reading

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How Greenlyte is going from zero to 1,000 metric tons of captured CO2 in a year

In case you haven’t noticed, the world hasn’t stopped burning fossil fuels. At this rate, someday soon we’ll probably have to do things the hard way: remove carbon dioxide directly from the atmosphere. It’s not ideal, but here we are. … Continue reading

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Lordstown Motors sues Foxconn, files for bankruptcy

Lordstown Motors has made good on its threat to sue Foxconn, the Taiwanese company best known for manufacturing Apple’s iPhones. The EV company took legal action against Foxconn Tuesday, and simultaneously filed for bankruptcy and put itself up for sale. … Continue reading

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Dexory nabs $19M to bring visibility to warehouses through analytics and autonomous robots

Dexory, a company that serves warehouses with real-time inventory management data using AI software and autonomous robots, has raised $19 million in a Series A round of funding led by European VC Atomico. Founded out of London in 2015, Dexory’s … Continue reading

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DePoly keeps hard to recycle plastic from ending up in landfills

About 400 million tons of plastic are produced each year, but less than 10% is recycled, with most of the rest ending up incinerated or in landfills. One reason is that it is difficult for conventional recycling processes to handle … Continue reading

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AI cuts treatment time for cancer radiotherapy

The technology will be offered at cost price to all NHS trusts in England, following successful pilot studies.

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Supply chain startup Baskit supports Indonesia’s middlemen

Large brand distributors dominate the top of the supply chain, but toward the bottom, there are thousands of middlemen, including wholesalers, who are the ones creating relationships with retailers. Founded last year, Baskit wants to provide them with tools to … Continue reading

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Meta: Facebook owner launches virtual reality subscription service

It is the latest attempt by the parent company of Facebook to make its VR business profitable.

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Thomson Reuters buys Casetext, an AI legal tech startup, for $650M in cash

Thomson Reuters has entered into a definitive agreement to acquire Casetext, a Y Combinator-backed legal tech startup. The deal, valued at $650 million in cash, is expected to close in the second half of 2023, subject to regulatory approvals and … Continue reading

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