Monday, October 2, 2023

Vertex, a SPAC backed by Singapore's Temasek, plans to buy live streaming service 17LIVE for ~$676M; 17LIVE had revenue of $363.7M in 2022 and is profitable (Reuters)

Reuters:
Vertex, a SPAC backed by Singapore's Temasek, plans to buy live streaming service 17LIVE for ~$676M; 17LIVE had revenue of $363.7M in 2022 and is profitable  —  Singapore's Vertex Technology Acquisition Corp (VTAC) (VERT.SI) will buy live streaming platform 17LIVE Inc for up to S$925.1 million …



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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...