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CATEGORY

Artificial Intelligence (A.I.)

Discover how Artificial Intelligence is transforming business, finance, healthcare, and everyday life. From AI tools and machine learning breakthroughs to ethical debates and future trends, we explain what A.I. means for Nigeria, the U.S., Europe, and beyond.

Artificial Intelligence (A.I.)

OpenAI Finalizes $110 Billion Funding at $730 Billion Valuation

Bala Augie -
OpenAI has raised $110 billion in a deal that values the startup at $730 billion, representing the ChatGPT maker’s largest funding round to date and...
Artificial Intelligence (A.I.)

MTN Nigeria AI-Powered Dabengwa Data Centre Onboards First Customers

Bala Augie -
MTN Nigeria Communications Plc has officially commenced the monetization of its flagship Dabengwa Data Centre. The facility, named after the legendary telecoms pioneer Cyril Dabengwa,...
Artificial Intelligence (A.I.)

Nvidia Announces Record $68 Billion in Sales in Fourth Quarter as Profit up 94%

Bala Augie -
Nvidia reported a 94% increase in profit and record sales for the fourth quarter, helping ease concerns over a possible artificial-intelligence bubble that rippled...
Artificial Intelligence (A.I.)

Nigeria Banks Brace for $500m Annual Hit as AI Phishing Surges Amid Instant Transfer Trap

Bala Augie -
Artificial Intelligence (AI), driven attacks on the Nigerian financial sector surged 150% last year, according to Lanre Ogungbe, chief executive officer of Prembly, a...
Artificial Intelligence (A.I.)

SpaceX, xAI Merge, Forming $1.25 Trillion Company

Bala Augie -
Elon Musk said SpaceX acquired xAI, a deal that combines his powerful rocket-and-satellite business with his artificial-intelligence startup that is facing steep competition. SpaceX confirmed...
Artificial Intelligence (A.I.)

Nigeria and UAE Ink Accord to Unlock Investment in Artificial Intelligence, Energy Infrastructure

Bala Augie -
Nigeria and the United Arab Emirates (UAE) concluded an economic partnership agreement that President Bola Tinubu said will deepen trade ties and unlock investment. The...
Artificial Intelligence (A.I.)

Silicon Valley to Abuja: Palantir Co-Founder Leads $11.8m Funding Round For Nigeria’s Drone Startup

Bala Augie -
Palantir Technologies Inc. co-founder Joe Lonsdale led investors betting on a little-known Nigerian defense startup that’s expanding drone manufacturing as violent extremism spreads across...
Artificial Intelligence (A.I.)

AI Streetlights to Rescue Nigeria’s Coastal Highway

Bala Augie -
Nigeria’s long delayed Lagos-Calabar Coastal Highway is set to be rescued by thousands of AI-driven, solar-powered streetlights that turn it into a revenue-generating asset. British...
Artificial Intelligence (A.I.)

UAE Commits $1 Billion to Boost Artificial Intelligence Infrastructure Across Africa

Bala Augie -
The United Arab Emirates (UAE) plans to invest $1 billion to expand artificial intelligence infrastructure and services across Africa, bolstering its influence on a...
Artificial Intelligence (A.I.)

Strong Nvidia Guidance Lifts Investor Confidence, Countering AI Bubble Concerns

Bala Augie -
Nvidia Corp., the world’s most valuable company, gave a strong revenue forecast for the current period, helping counter concern that an explosion in AI...
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