Clibrain joins the generative AI race with Lince, an LLM optimized for Spanish

July 12, 2023

There is a long list of Large Language Models (LLMs) out in the wild already, from OpenAI’s GPT-4 to Google’s PaLM2 to Meta’s LLaMA, to name three of the more high profile examples. Differentiation between LLMs is determined by factors including the core architecture of the model, training data used, model weights applied and any […]

Clibrain joins the generative AI race with Lince, an LLM optimized for Spanish by Natasha Lomas originally published on TechCrunch

Tumblr is losing $30M each year, CEO says

July 12, 2023

If we’ve learned anything from this past year of Twitter clones, CEO fights, shitposting and bad, money-grabbing policies, it’s this: making a social media company profitable is hard! After rolling out some unpopular features, Tumblr is now trying to “build in public” and be more transparent about the business behind the fandom-driven platform. In a […]

Tumblr is losing $30M each year, CEO says by Amanda Silberling originally published on TechCrunch

Pipe co-founder raises $6M for CapStack, a bank-to-bank marketplace aimed at ‘de-riskifying portfolios’

July 12, 2023

CapStack, a startup formed by Pipe co-founder Michal Cieplinski, has raised $6 million toward its effort to build an integrated operating system for banks. In simpler terms, Cieplinski described CapStack as the “first bank-to-bank marketplace,” giving the institutions the ability to share and have visibility into one another’s portfolios. Cieplinski started CapStack in March with […]

Pipe co-founder raises $6M for CapStack, a bank-to-bank marketplace aimed at ‘de-riskifying portfolios’ by Mary Ann Azevedo originally published on TechCrunch

Employee benefits startup Swile expects to become profitable next quarter

July 12, 2023

French startup Swile shared some revenue metrics just a year after merging with Bimpli, the employee benefits division of BPCE. Swile’s main product is a payment card for employee benefits, such as meal vouchers. In 2022, Swile generated €138 million in revenue ($153 million at today’s exchange rate) — that includes Bimpli’s revenue. And yet, […]

Employee benefits startup Swile expects to become profitable next quarter by Romain Dillet originally published on TechCrunch