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Tag: AI

Musk to resign from Trump govt amid backlash, Tesla shares crash
featured News

Musk AI startup xAI raises $6b, now valued at $24b

Elon Musk’s AI startup, xAI, has raised $6 billion in a Series B funding round, boosting its post-money valuation to $24 billion. This is as investors place significant bets on emerging competitors to companies like OpenAI in the escalating AI race. The funding round attracted major investors, including Andreessen Horowitz and Sequoia Capital, according to […]

Tech startup Humane AI on market for buyer
News

Tech startup Humane AI on market for buyer

Tech startup Humane is currently in the market for a buyer for its business, just a little over a month after the release of its AI Pin, as reported by Bloomberg. The AI Pin is a compact device designed to provide quick access to an AI assistant. Humane is collaborating with a financial adviser, Bloomberg […]

AI capable of changing Nigeria's financial sector - Ex-CBN ICT director
Tech

AI godfather proffers solution to job threats

AI ‘godfather’ Geoffrey Hinton calls for adoption of universal basic income The computer scientist regarded as the “godfather of artificial intelligence” has said the British government will have to set up a universal basic income to deal with the effect of AI on inequality. The neural networks that are the basis of artificial intelligence were […]

Google’s DeepMind unveils AI-designed drug model
News

Google’s DeepMind unveils AI-designed drug model

Google DeepMind has introduced the third major version of its “AlphaFold” artificial intelligence model, aimed at assisting scientists in designing drugs and targeting diseases more effectively. In 2020, the company achieved a significant breakthrough in molecular biology by utilizing AI to accurately predict the behavior of tiny proteins. With the latest iteration of AlphaFold, researchers […]

Anthropic adds web search to Claude AI chatbot
News Uncategorized

Anthropic launches Claude chatbot in iOS

Anthropic has enhanced accessibility to its Claude AI by launching a mobile app, making it easier for users to engage with Claude on the go. The newly released Claude mobile app for iOS is available for free download, providing seamless synchronization of conversations across devices, ensuring users can seamlessly transition between their computer and the […]

Stability AI lays off staff in restructuring move
News

Stability AI lays off staff in restructuring move

Stability AI is undergoing a restructuring process that will involve staff layoffs, according to Reuters on Thursday. This move follows the resignation of founder Emad Mostaque as CEO several weeks ago. The restructuring reflects a new direction for the AI startup following Mostaque’s departure and the challenges posed by competitors like OpenAI, creator of ChatGPT, […]

AMD targets AI market with enhanced semiconductors
News

AMD targets AI market with enhanced semiconductors

Advanced Micro Devices has introduced a new series of semiconductors tailored for AI-enhanced business laptops and desktops, aiming to capture a larger share of the lucrative “AI PC” market. These chips are slated to be integrated into platforms offered by HP and Lenovo starting in the second quarter of 2024, as per AMD’s press release. […]

Brave launches its AI assistant on iPhone, iPad
News

Brave launches its AI assistant on iPhone, iPad

Brave has unveiled its AI assistant, Leo, for iPhone and iPad users, extending the functionality previously available on Android and desktop platforms. Leo enables users to ask questions, summarize content, generate written reports, and perform various other tasks. Notably, the iOS release introduces voice-to-text capability, a feature absent in the Android version. This feature allows […]

Yahoo acquires Instagram co-founders' AI-news platform Artifact
News

Yahoo acquires Instagram co-founders’ AI-news platform Artifact

Yahoo announced on Tuesday its acquisition of Artifact, the AI-driven news platform co-founded by Instagram’s creators. The technology from Artifact will be integrated across Yahoo’s news and other web services in the United States. This acquisition underscores the ongoing challenges faced by media startups in generating revenue, particularly as Big Tech giants like Alphabet and […]

Tech

Expert calls for AI adoption to stabilise economy

President of Digital Transformation at Reliance Infosystems, Danjuma Audu, has called for the optimal adoption of Artificial Intelligence in businesses to enhance its effects on the national economy. This disclosure was made by Audu while speaking at the Chartered Institute of Personnel Management’s conference in Lagos, recently, according to Thisday. He debunked the impression that […]

Nvidia unveils new AI, gaming chips, desktop computer at CES 2025
News

Nvidia launches platform for 6G technology

Chipmaker Nvidia on Monday, unveiled an AI-powered software platform designed to facilitate research into 6G technology by simulating communications environments in the cloud. Anticipated to succeed 5G, the new communication standard, known as 6G, is projected to enter commercial use around 2030. This unveiling underscores the increasing integration of software and AI within the telecom […]

Technology to revolutionize advertising trends - Dentsu Nigeria
Tech

Technology to revolutionize advertising trends – Dentsu Nigeria

Dentsu Nigeria’s Group Chief Executive Officer, Mr. Emeka Okeke, has stated that technology would continue to change the global marketing communications environment, particularly as Artificial Intelligence alters advertising trends and dynamics. According to Satoday.news, during the Dentsu Africa Summit 2024, which had the subject “NOW” and was recently held in Lagos, Okeke made this statement. […]