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Egypt’s Cartona raises $8.1M even as investors pull back from B2B e-commerce in Africa

When Egyptian B2B e-commerce platform Cartona last raised money in 2022, global and local investors were eager to invest in African startups solving the supply chain and operational challenges for retailers and suppliers in the fast-moving consumer goods (FMCG) industry. Two years on, investors aren’t as enthused anymore as the business models of such startups,

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Zoe, a microbiome-focused nutrition company, raises $15 million to expand in the U.S.

Zoe, a nutrition company based in London, is expanding its presence in the United States after raising $15 million in a Series B extension. Here’s how it works: Zoe sends customers at-home testing materials to collect blood or feces to test blood fat, blood sugar, and gut microbiome health. Following those results, the company scores

Zoe, a microbiome-focused nutrition company, raises $15 million to expand in the U.S. Read More »

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Apple brings Apple Intelligence with iOS 18.1 dev beta, but there are a lot of limitations

Users will be able to get the first taste of Apple Intelligence as Apple has started to make some of the features of its AI suite available with the iOS 18.1 developer beta released Monday. The company launched Apple Intelligence at its Worldwide Developer Conference (WWDC) in June. However, the first set of developer beta

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U.S. Commerce Department report endorses ‘open’ AI models

The U.S. Commerce Department today issued a report in support of “open-weight” generative AI models like Meta’s Llama 3.1, but recommended the government develop “new capabilities” to monitor these models for potential risks. The report, authored by the Commerce Department’s National Telecommunications and Information Administration (NTIA), finds that open-weight models broaden generative AI’s availability to

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Apple says it took a ‘responsible’ approach to training its Apple Intelligence models

Apple has published a technical paper detailing the models that it developed to power Apple Intelligence, the range of generative AI features headed to iOS, macOS and iPadOS over the next few months. In the paper, Apple pushes back against accusations that it took an ethically questionable approach to training some of its models, reiterating

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Huang and Zuckerberg swapped jackets at SIGGRAPH 2024 and things got weird

A fireside chat on Monday between Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg at the SIGGRAPH 2024 conference in Colorado took a few unexpected turns. It started innocently enough, with Huang waxing positive about the capabilities of Nvidia GPUs and Zuckerberg speaking about his vision of an AI chatbot future. But by the

Huang and Zuckerberg swapped jackets at SIGGRAPH 2024 and things got weird Read More »

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Zuckerberg touts Meta’s latest video vision AI with Nvidia CEO Jensen Huang

Meta had a palpable hit last year with Segment Anything, a machine learning model that could quickly and reliably identify and outline just about anything in an image. The sequel, which CEO Mark Zuckerberg debuted on stage Monday at SIGGRAPH, takes the model to the video domain, showing how fast the field is moving. Segmentation

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