November 29 – 5 Key Stories From The Digital World
- neobanks are gaining traction across the region to provide banking services to the 50% of Latin America’s population that is still excluded from traditional financial institutions
- Mexico is Latin America’s second-largest market after Brazil for many US tech companies like Uber and Facebook
- status quo for the traditional players in Latin America is rapidly changing, potentially leaving room for startups to take over more market share and compete for disgruntled customers
- many founders and startups make the mistake of being overly accommodating during initial contract negotiations
- best approach, however, to writing a sales contract is to think of it as a system of interconnected components and levers that work together
- Be open to negotiating everything as long as it’s within the acceptable boundaries…customer’s got to give to get
- Companies in the space raised almost $1.6B across 103 financing rounds in the third quarter
- Leading the way for the quarter was Babylon Health, which raised a $550M mega-round from investors…developed several AI-based health services, including a chatbot
- The quarter also saw 2 large rounds that went to companies focusing on anti-aging therapeutics
- published “core codes” of its Alink platform on GitHub, uploading a rang of algorithm libraries that it says support batch and stream processing
- essential to support machine learning tasks such as online product recommendations and smart customer services
- developers and data analysts could tap the codes to build software functions such as statistics analysis, machine learning, real-time prediction, personalised recommendation, and detection of anomalies
- Adobe’s CEO Shantanu Narayen said that we are living through “a Golden Age of creativity” and that “creativity today is a fundamental skill”
- this month saw the official launch of Adobe Aero, the simple-to-use yet incredibly powerful tool for building augmented-reality (AR) experiences
- Sneaks offered a glimpse behind the curtain to see what could be on the horizon in the world of creative technology in the coming years