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A look at DeepSeek's rise in Africa, as China's lightweight, low-cost AI models make inroads into the continent via tech infrastructure built by Huawei and ZTE (Bloomberg)

Bloomberg : A look at DeepSeek's rise in Africa, as China's lightweight, low-cost AI models make inroads into the continent via t...

21 October 2024

Zip, which uses AI to help businesses manage buying goods and services, raised $190M led by BOND at a $2.2B valuation, up from $1.5B in May 2023 (Paayal Zaveri/Bloomberg)

Paayal Zaveri / Bloomberg:
Zip, which uses AI to help businesses manage buying goods and services, raised $190M led by BOND at a $2.2B valuation, up from $1.5B in May 2023  —  - The procurement startup raised $190 million in the deal  — Bond led the financing, with participation from DST and CRV

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