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Microsoft launches zero-water cooling for sustainable AI data centres

Microsoft Corp. has introduced a new data center design aimed at eliminating water usage for cooling chips and servers, as part of its efforts to reduce its environmental impact. Launched

Onwubuke Melvin Onwubuke Melvin

AI Voice startup from ex-OpenAI researcher raises $40m

WaveForms AI, a new startup founded by Alexis Conneau, the lead researcher behind OpenAI’s voice assistant, has secured $40 million in seed funding from Andreessen Horowitz. The company is focused on developing

Onwubuke Melvin Onwubuke Melvin

Jack Ma expresses confidence in Ant Group’s AI future

Alibaba co-founder Jack Ma voiced strong optimism about the future of Ant Group, highlighting significant opportunities in artificial intelligence for the fintech giant during a rare public appearance on Sunday.

Alex Omenye Alex Omenye

Xiaomi to launch first SUV in 2025

Chinese electronics giant Xiaomi announced on Monday that it plans to debut its first SUV, the YU7, in June or July of 2025, marking a deeper push into China's highly

Alex Omenye Alex Omenye

AfDB offers strategic solutions for Africa’s debt, forex challenges

The African Development Bank has outlined key strategies for Nigeria and other African nations to address rising debt burdens and foreign exchange difficulties. These insights were shared by the Bank’s

Alex Omenye Alex Omenye

Nvidia shares fall amid antimonopoly probe in China

Nvidia's shares dropped around 2% on Monday following news that China's antimonopoly regulator is investigating the company for potential violations of the country's competition laws. This investigation adds to the

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Naira strengthens against euro in parallel market amid FX reforms

The Nigerian naira has shown significant strength against the euro in the parallel market, driven by ongoing foreign exchange reforms and political uncertainties in Europe. The EUR/NGN exchange rate dropped

Onwubuke Melvin Onwubuke Melvin

Otedola asks top First Bank official to resign over ‘wasteful party’

The global head of marketing and corporate communications at First Bank, Folake Ani-Mumuney, has been asked to step down by Femi Otedola, chairman of the bank’s holding company, TheCable reported

Alex Omenye Alex Omenye

NSIB launches investigation into FlyBird aircraft incident

The Nigerian Safety Investigation Bureau has initiated an investigation into a serious incident involving a FlyBird HS 125 aircraft, registration number 5NKAL. The aircraft, which was traveling from Nnamdi Azikiwe

Onwubuke Melvin Onwubuke Melvin

NGX gains N18.2trn despite economic challenges, rising interest rates

The Nigerian equities market has demonstrated resilience, with the Nigerian Exchange Limited listing N8.1 trillion worth of shares from January to November 2024, despite the economic downturn and higher interest

Onwubuke Melvin Onwubuke Melvin

Crude prices rise after Syrian president’s regime collapse

Oil prices rose on Monday amid heightened uncertainty in the Middle East following the fall of Syrian President Bashar al-Assad's regime. Brent crude increased by 36 cents to $71.48 per

Onwubuke Melvin Onwubuke Melvin

Avoid publicly sharing account numbers, Moniepoint MD warns Nigerians

The Managing Director of Moniepoint Microfinance Bank, Babatunde Olofin, has warned Nigerians about the risks of sharing their account numbers publicly, particularly during the festive season. He noted that fraudsters

Onwubuke Melvin Onwubuke Melvin
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