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Microsoft exclusively licenses OpenAI’s groundbreaking GPT-3 text generation model

The Verge

Microsoft has expanded its ongoing partnership with San Francisco-based artificial intelligence research company OpenAI with a new exclusive license on the AI firm’s groundbreaking GPT-3 language model , an auto-generating text program that’s emerged as the most sophisticated of its kind in the industry. Image by Alex Castro / The Verge.

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Checkout.com raises $450 million and reaches $15 billion valuation

TechCrunch

Payments company Checkout.com is raising once again. But Checkout.com kept growing and growing until it raised one of the biggest Series A rounds ever for a European company — $230 million at a $2 billion valuation. While Checkout.com didn’t actually need to raise to stay alive, Pousaz says VC firms are a form of validation.

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Daily Crunch: After raising $3M seed, global fintech platform Payday plans to secure licensing in Canada, UK

TechCrunch

Autio, a location-based audio entertainment app co-founded by actor Kevin Costner and formerly known as HearHere, has raised $5.9 Wait, you can’t say that : Kyle reports that LeapXpert raises $22 million to monitor employee chats for compliance. The app is then blasted to 16 investors. Is that you, Bob? So which one is it? :

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African fintech OPay is reportedly raising $400M at over $1.5B valuation

TechCrunch

Chinese-backed and Africa-focused fintech platform OPay is in talks to raise up to $400 million, The Information reported today. The $170 million raised so far came from mainly Chinese investors who have collectively begun to bet big on African startups over the past few years. OPay plays in an extremely competitive fintech market.

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TikTok has a big ADHD problem

Fast Company Tech

None of them were found to be licensed mental health professionals. TikTok can be an incredible tool for raising awareness and reducing stigma, but it also has a downside, warned lead author Vasileia Karasavva.

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Raise, a startup building Africa’s Carta, gets backing from 500 Startups

TechCrunch

As startups in Africa continue to grow and raise money at a ridiculous pace, so too will their cap tables expand. Raise, a startup building Africa’s Carta is tackling these challenges and has received backing from 500 Startups to scale its technology. Image Credits: Raise.

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This startup wants to train art-generating AI strictly on licensed images

TechCrunch

The AI in question is trained on “authorized” datasets containing content that Bria licenses from partners, including individual photographers and artists, as well as media companies and stock image repositories, which receive a portion of the startup’s revenue. We’ll have to wait and see.

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