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SoftBank LatAm sees past recent losses, remains bullish on region

In 2019, SoftBank allocated $5 billion to investing in Latin American startups, then the Japanese investment conglomerate committed another $3 billion to startups there, which was further validation that Latin America was home to a formidable startup system. About $7.6 billion of that capital has been allocated overall across more than 80 investments.

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Developers Underestimate Time to Build Custom Integrations: Nylas Survey

April 20, 2023

APIs are the “A” in MACH, the architecture checklist that defines true composable systems.  This Nylas survey shows why APIs matter: half (53%) of the developers who responded said they could build an email integration in one to five months to build without using APIs, but Nylas’ own experience shows it really takes one year with three developers working on the project. It goes a lot quicker if an API is used instead.

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Lending startup Kala is helping Latin American banks more easily offer credit

April 20, 2023

Small businesses in Latin America got another boost in lending support with the investment of $4 million in Kala, a Colombia-based company building fintech infrastructure for lending. Kala officially launched in July 2022 and within the first six months had three customers, two in Colombia and one in Mexico, using the product and dispersing it to over 50,000 customers. Kala charges a SaaS fee and is already bringing in revenue.

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Salesforce Launches Industry-Specific AI Capabilities

September 10, 2024

Salesforce’s Dreamforce mega-conference is next week and the company’s publicity elves are already working overtime.  In the first of what are sure to be daily announcements this week, the company announced 100+ industry-specific prompts, data models, and AI capabilities across its fifteen industry clouds.  It also launched an AI Use Case Library to house its industry-specific AI offerings.

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