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DeepSeek’s AI avoids answering 85% of prompts on ‘sensitive topics’ related to China

​[[{“value”:” AI chatbot DeepSeek has taken the world by storm, topping app store charts and sending Silicon Valley and Wall Street into meltdown. An offshoot of Chinese hedge fund High-Flyer, DeepSeek’s cost-to-performance ratio makes for impressive reading compared to incumbents such as OpenAI. However, reports have increasingly documented some of the things the AI chatbot is […] © 2024 TechCrunch….

Microsoft probing whether DeepSeek improperly used OpenAI APIs

​[[{“value”:” Just a few hours after David Sacks claimed DeepSeek used OpenAI’s models to train its own models, Bloomberg Law reports that Microsoft is investigating DeepSeek’s use of OpenAI’s application programming interface (API). According to security researchers working for Microsoft, the Chinese company behind the R1 reasoning model may have exfiltrated a large amount of data […] © 2024 TechCrunch….

Formance raises $21M to build the AWS for fintech infrastructure

​[[{“value”:” If you talk to a fintech entrepreneur about their business, chances are they’ll end up talking about ledger issues at some point. A ledger is a record of money movements that serves as the source of truth for financial assets, but when a company starts having multiple bank accounts, payment processors and funds spread across […] © 2024 TechCrunch….

This fintech has a fix for the biggest cross-border payments issues in Francophone Africa

​[[{“value”:” Until a few years ago, it used to be difficult to make payments across borders almost anywhere in the world. But it’s still a big problem in Africa, where fragmented, disconnected systems, high fees, and poor infrastructure make it tough for businesses and individuals to move money quickly and affordably. The majority of people and […] © 2024 TechCrunch….

Shared scooter startup Voi reports its first profitable year as it explores an IPO

​[[{“value”:” Swedish shared micromobility giant Voi had its first profitable year in 2024, according to preliminary unaudited results the company shared exclusively with TechCrunch.  Voi, which offers shared e-scooters and e-bikes across more than 100 markets in Europe, recorded €132.8 million ($138 million) in net revenue in 2024. On an adjusted basis, Voi earned €17.2 million […] © 2024 TechCrunch….

DeepSeek reaches No. 1 on US Play Store

​[[{“value”:” Chinese AI lab DeepSeek’s Android app has taken the No. 1 spot on the Google Play Store, days after the chatbot app clinched the top spot on the App Store. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]  

SoftBank to invest $500M in robotics startup SkildAI

​[[{“value”:” SoftBank is negotiating a $500 million investment in Skild AI, a software company building a foundational model for robotics at a $4 billion valuation, Bloomberg and Financial Times reported. The two-year-old company raised its previous funding round of $300 million at a $1.5 billion valuation last July from investors including Jeff Bezos, Lightspeed Venture Partners, […] © 2024 TechCrunch….

DeepSeek: Everything you need to know about the AI chatbot app

​[[{“value”:” DeepSeek has gone viral. Chinese AI lab DeepSeek broke into the mainstream consciousness this week after its chatbot app rose to the top of the Apple App Store charts. DeepSeek’s AI models, which were trained using compute-efficient techniques, have led Wall Street analysts — and technologists — to question whether the U.S. can maintain its lead in the AI race […] © 2024 TechCrunch….