Category: News

Global advertising industry to surpass $1trn in 2025

The global advertising industry is on track for significant growth, with revenues expected to hit...

Google discloses breakthrough in quantum computing with new chip

Google announced on Monday that it has overcome a challenge in quantum computing with the...

Reddit launches AI-powered feature to compete with search engines

Reddit has announced the testing of a new AI-powered feature called “Reddit Answers,” designed to...

LCCI reiterates demand for fixed import duty exchange rate

The Lagos Chamber of Commerce & Industry has urged the federal government to set a...

Senator laments $11bn loss on Ajaokuta steel project

Senator Jimoh Ibrahim has criticized the Ajaokuta Steel Complex as a symbol of Nigeria’s wasted...

Nigerian equity market opens week with N63bn loss

The Nigerian equity market closed the first trading day of the week on a negative...

OpenAI to launch long-awaited Sora video generator tool

OpenAI is launching Sora, an advanced AI system capable of generating realistic 20-second videos from...

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...

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...

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...

Xiaomi to launch first SUV in 2025

Chinese electronics giant Xiaomi announced on Monday that it plans to debut its first SUV,...

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...