Meta recently released two new Llama 4 models, Scout and Maverick, with Maverick claiming to outperform competitors on LMArena but later revealed to be an experimental, optimized version for conversationality. LMArena expressed concerns about fair evaluations and Meta’s transparency, prompting Meta’s VP to deny claims of training on test sets. The confusing release and discrepancies between benchmark rankings and real-world performance highlight the challenges and competition in the AI development landscape.
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Turkey’s Sipay raises $78M to expand its Stripe-like services into emerging markets
Turkish Fintech Sipay, dubbed as "Stripe for emerging markets," has secured a $78 million Series B funding round, resulting in a valuation of $875 million. With plans to expand beyond Turkey, Sipay aims to offer services like remittances, setting itself apart from Stripe. This move signifies a significant growth opportunity for Sipay as it enters new markets with unique offerings. Full Article
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