News

Samsung Unveils ChatGPT Alternative Called Gauss

The generative AI model can create text, code and images.

Published

9 months ago

November 9, 2023

Nour Nasir

Samsung

Samsung has unveiled its own generative AI model, known as Samsung Gauss. The ChatGPT rival has been developed by the company’s research division, and is named after mathematician Carl Friedrich Gauss, a pioneer of AI and machine learning.

The new tool will consist of three distinct elements:

Samsung Gauss Language
Samsung Gauss Code
Samsung Gauss Image

Gauss Language is a large language model that functions much like ChatGPT. The tool can understand human language and answer questions while also helping users write and edit emails, translate languages, and summarize text documents. Samsung plans to incorporate Gauss Language into its range of smartphones, tablets, and laptops to increase productivity.

Gauss Code is a tool that will help developers to write code more quickly. Samsung explained that the AI model will support “code description and test case generation through an interactive interface”.

Gauss Image, as the name suggests, is an image generation and editing tool that can also be used for tasks such as creating high-resolution images from older, low-resolution copies.

Samsung has revealed that Gauss is already being used internally by staff and will be available to public users “in the near future”. In addition, the tech company has created an AI Red Team to monitor potential AI security, privacy, and ethical issues.

Also Read: Top 10 Best Freelance Platforms In The Middle East

“We will continue to support and collaborate with the industry and academia on generative AI research,” said Daehyun Kim, executive vice president of the Samsung Research Global AI Center, at the AI forum.

Samsung’s generative AI announcement comes seven months after the company issued a temporary ban on the tools for company-owned devices — including ChatGPT and Google Bard — after a serious internal data leak earlier in 2023.

Related Topics:Artificial Intelligence Gauss Samsung

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Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

1 day ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

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Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.