In today’s briefing:
- Fresh Safety Concerns Follow OpenAI’s GPT-4 Release
- Battery Recycling Startup Green Li-Ion Secures US$20.5M Pre-Series B Funding
- Intellect Seals Strategic Investment with IHH Healthcare
- Auto Dealer Financing Startup Broom Bags US$10M to Diversify Product Offerings
Fresh Safety Concerns Follow OpenAI’s GPT-4 Release
- ChatGPT-4 is here and OpenAI is betting that it’s the smartest version so far.
GPT-4 has a broader general knowledge and problem solving abilities, the company said in a research paper that was released alongside the chatbot.
The paper showed that the latest model beat 90% of bar exam takers.
Battery Recycling Startup Green Li-Ion Secures US$20.5M Pre-Series B Funding
- Green Li-ion, a lithium-ion battery recycling technology company based in Singapore, has raised US$20.5 million in pre-Series B funding.
- Green Li-ion has developed a novel technology that processes 100 per cent of all used lithium batteries.
- It recycles and reuses all metals to directly re-manufacture battery-grade cathode material ready for reuse in new batteries.
Intellect Seals Strategic Investment with IHH Healthcare
- Intellect, a mental health startup based in Singapore, has raised a strategic funding round from IHH Healthcare.
- As part of this round, IHH will work with Intellect to develop digital mental health programs for the group’s patients, corporate clients, and staff.
- Intellect says it has already started rolling out services to Gleneagles Hospital Singapore, which is part of IHH’s network of 82 hospitals in 10 countries.
Auto Dealer Financing Startup Broom Bags US$10M to Diversify Product Offerings
- Broom, an all-in-one automotive SME solutions startup in Indonesia, has secured US$10 million in a pre-Series A funding round
Jakarta-headquartered Broom will use the money to diversify its product offerings and further accelerate dealer inventory turnover.
Established in 2021, Broom provides an end-to-end financial solution for auto dealer inventories.
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