DeepSeek’s AI avoids answering 85% of prompts on ‘sensitive topics’ related to China
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
Read moreIT News Africa Partners with Bathic Holdings for Digital Retail Africa 2025
IT News Africa is proud to announce a strategic partnership with Bathic Holdings, a prominent leader in retail innovation and technology solutions, to host Digital Retail Africa 2025, scheduled to take place on 30 January 2025 at the Cape Town International Convention Centre (CTICC). Under Retail Management magazine, a publication
Read moreFormance raises $21M to build the AWS for fintech infrastructure
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
Read moreHow to Spot Catfishing: Warning Signs & 5 Protective Strategies
The rise of catfishing, the practice of creating an entirely fabricated online persona to lure someone into a false relationship, has emerged as a sophisticated form of manipulation that preys on human vulnerabilities and technological naivety. With nearly five billion social media users globally, the web has become a hunting
Read moreThis fintech has a fix for the biggest cross-border payments issues in Francophone Africa
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.
Read moreEFT Corporation Welcomes New Managing Director for Zimbabwe Operations
EFT Corporation has appointed Farai Tigere as the new head of Zimbabwe’s operations. The company aims to promote financial inclusion, digital transformation, and economic empowerment in the region. Tigere joined EFTCorp as an implementation engineer before transitioning to business development and solution architecture in 2018. He has played an important
Read moreShared scooter startup Voi reports its first profitable year as it explores an IPO
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
Read moreDeepSeek reaches No. 1 on US Play Store
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.
Read moreNaboo secures $21M for its concierge-style corporate event booking platform
If you’ve ever tried to book a venue for a company event, you’ll know how onerous a task it can be. You have to contact multiple vendors, wait for quotes, evaluate them, see if you can get a good deal, and then get all that approved. So it makes sense
Read moreSoftBank to invest $500M in robotics startup SkildAI
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
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