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Nigerian retail automation platform Bumpa raises $4M, led by Base10 Partners

Bumpa, a Nigerian startup building the infrastructure to power online commerce and enable African small business owners to start, manage and grow their businesses from their mobile devices, has raised a $4 million seed round.

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DeFi Fintech Credix raises US$11.25M to develop a next-generation credit platform

October 20, 2022

Brazil-based Credix has raised US$11.25 million in a Series A round led by Motive Partners & ParaFi Capital. Credix enables fintech companies and other non-bank lenders to convert their receivables and real assets into investment capital. All financing happens on-chain using USDC & smart contracts, creating instant efficiencies, settlement, and more transparency.

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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  Alas, it was quickly withdrawn after reviewers found that it returned results that were grammatical and plausible but also incorrect, not to mention filled with “antisemitism, homophobia,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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