Monday, October 30, 2023

Ad holding company Omnicom agrees to acquire Flywheel, the digital commerce arm of UK-based B2B media company Ascential, for a net cash purchase price of ~$835M (Megan Graham/Wall Street Journal)

Megan Graham / Wall Street Journal:
Ad holding company Omnicom agrees to acquire Flywheel, the digital commerce arm of UK-based B2B media company Ascential, for a net cash purchase price of ~$835M  —  Flywheel, part of Cannes Lions owner Ascential, aims to help brands sell on digital marketplaces such as Amazon



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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...