Wednesday, March 1, 2023

South Korean e-commerce giant Coupang reports Q4 revenue up 4.9% YoY to $5.33B and active customers up 1% YoY to 18.1M, both below estimates (Sohee Kim/Bloomberg)

Sohee Kim / Bloomberg:
South Korean e-commerce giant Coupang reports Q4 revenue up 4.9% YoY to $5.33B and active customers up 1% YoY to 18.1M, both below estimates  —  Coupang Inc., the South Korean e-commerce giant backed by SoftBank Group Corp., reported lower sales than analysts estimated, marring another profitable quarter for the company.



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How DeepSeek outpaced OpenAI at 3% of the cost: open-source approach, pure reinforcement learning, not supervised fine-tuning, and building on DeepSeek-R1-Zero (Matt Marshall/VentureBeat)

Matt Marshall / VentureBeat : How DeepSeek outpaced OpenAI at 3% of the cost: open-source approach, pure reinforcement learning, not supe...