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Samsung Unveils ChatGPT Alternative Called Gauss

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

Published

10 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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Paymob Extends Series B Funding To $72M Amid Continued Growth

The financial services provider has secured an extra $22 million after strong performance in its core market of Egypt.

Published

23 hours ago

September 12, 2024

Nour Nasir

paymob extends series b funding to $72 million amid continued growth

Leading financial services provider Paymob has secured an additional $22 million in a funding extension, bringing its Series B total to $72 million.

The funding was spearheaded by EBRD Venture Capital, with support from Endeavor Catalyst. Existing backers such as PayPal Ventures, BII, FMO, A15, Nclude, and Helios Digital Ventures also participated, reaffirming their confidence in Paymob’s business model and potential in the regional fintech industry.

This extension comes on the back of Paymob’s strong performance in its core market of Egypt, where it has experienced 6x revenue growth since the initial Series B in Q2 2022. With the Series B extension and continued profitability in Egypt, Paymob is well-positioned to further its expansion strategy across the MENA region.

Islam Shawky, Co-founder and CEO of Paymob, commented: “We are very excited by our strong prospects in Egypt – where we hold a market-leading position – and the significant traction experienced in the UAE since launching operations there. This funding will help Paymob fully capitalize on the momentum in our established markets, as we accelerate our GCC roll-out. We remain committed to creating cutting-edge infrastructure enabling SMEs across the region to thrive in the digital economy and are proud of our continued impact”.

Also Read: Zoho Expands Qatar Operations & Releases New Survey Data

The expansion into GCC markets has been driven by Paymob’s initial Series B funding of $50 million, raised in 2022 and led by Kora Capital, PayPal Ventures, and Clay Point. The investment fueled Paymob’s growth, allowing it to launch its mobile app in 2023 and grow its merchant base by 3.5 times, now serving nearly 350,000 merchants across MENA.

Paymob has also expanded its payment acceptance suite to offer 50 payment methods through its gateway, POS terminals, and the Paymob app, providing the region’s most comprehensive fintech solution. The company recently introduced embedded checkout services for Shopify and WooCommerce, further demonstrating its commitment to empowering small and medium businesses across the region.