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Singapore’s Omnistream closes $7M Series A investment led by SIG Venture Capital

Omnistream, a Singapore-based data-empowered solutions company for the retail industry, said it has raised $7 million in Series A funding led by SIG Venture Capital, the Asian venture capital arm of Susquehanna International Group (SIG). It also said that the new funding will allow Omnistream to rapidly scale to address the needs of retail clients globally and will result in the addition of more than 50 new roles to the team by the end of 2022.

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Nowports, A New Unicorn From Mexico

June 9, 2022

Nowports, a Mexican logistics company from Monterrey, Nuevo León, has secured a US$150 million Series C investment, making it the new Mexican unicorn. Nowports is focused on automating warehouses and shipments with sensors, tracking shipments in real-time. It seeks to be the logistics intermediation option for its clients, who move between 10 and 15 ocean containers per month and come from the retail, automotive, and manufacturing industries.

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  Alas, it was quickly withdrawn after reviewers found that it returned results that were grammatical and plausible but also incorrect, not to mention filled with “antisemitism, homophobia,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