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Huawei plans to invest $6M in South African SMEs in the next 3 years

Huawei South Africa has announced its $5.8 million (R100-million) Cloud Spark programme which the company claims will support more than 1,000 small and medium-sized enterprises (SMEs) over the next 3 years.

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Brazilian proptech startup Loft, which was valued at $2.9B last year, lays off 380 employees

July 14, 2022

Loft aims to serve as a “one-stop shop” for Brazilians to help them manage the home buying and selling process. Last year, Loft acquired a Mexico City-based startup, TrueHome, and entered that market in what it described as the “start” of its international expansion. The company had become the real estate e-commerce platform with the highest revenue in emerging markets outside China.

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Meta Releases Lying, Offensive AI and Pretends to Be Surprised

November 23, 2022

Like trouble, bad behavior by Meta shows up whether you look for it or not.  The latest is an open-source language model that was supposed to provide reliable search results because it was trained on academic papers.  Alas, it was quickly withdrawn after reviewers found that it returned results that were grammatical and plausible but also incorrect, not to mention filled with “antisemitism, homophobia, and misogyny.”  How can this be a surprise?

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