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Tech

AI cuts London finance analyst hiring role

Artificial intelligence is accelerating changes across London’s white-collar labor market, with finance analyst positions among the hardest hit as employers increasingly automate tasks once handled by junior professionals. According to recruitment platform Adzuna, searches for “finance analyst” currently return about 80 vacancies in London, a sharp decline from more than 350 openings recorded four years […]

Opinion

Bluechip CEO warns of unpredictable risks in AI development race

The Chief Executive Officer and co-founder of Bluechip Technologies, Kazeem Tewogbade, has identified the possibility of potentially destructive consequences from artificial intelligence as the risk in AI development that still bothers him. Tewogbade made the remarks on Wednesday during an interview with Nairametrics at the Bluechip Data and AI Summit in Lagos. He explained that […]

Business

OpenAI files for IPO as AI firms race to market

OpenAI, the company behind ChatGPT, has filed confidentially for an initial public offering, signaling a potential move toward the public markets as competition among artificial intelligence firms intensifies. The company disclosed this on Monday, June 8, through a statement published on the ChatGPT blog, saying it had submitted a confidential S-1 registration statement to the […]

Technology

Anthropic urges global AI pause to prevent loss of control

AI giant, Anthropic is calling on frontier AI developers to establish a coordinated, verifiable system for slowing down or temporarily pausing AI development if advanced systems begin improving themselves faster than society can manage the risks. The AI company made the disclosure in a detailed post published on its website, warning that artificial intelligence capable […]

Policy and Regulations

FG seeks labour-friendly AI policies to protect Nigerians

The Federal Government has called for the development of inclusive and human-centred artificial intelligence policies that will protect workers’ rights, prevent job losses and ensure that the benefits of technological advancement contribute to economic growth and increased productivity. The PUNCH reported that the call was made by the Minister of Labour and Employment, Muhammad Dingyadi, […]

Tech

AI executives issue rare joint warning on bioweapons threat

Dario Amodei, Demis Hassabis, and Sam Altman, who are often viewed as rivals with differing positions on major artificial intelligence issues, have jointly called for new laws aimed at preventing AI systems from being used to develop bioweapons. The three tech leaders, representing Anthropic, Google DeepMind, and OpenAI respectively, issued the warning in a rare […]

Tech

Smart glasses, hidden earpieces raise new exam cheating fears – Report

England’s qualifications regulator has warned that exam cheating could become even more difficult to control with the rise of new wearable technologies such as smart glasses and hidden earpieces. The chief regulator at the Office of Qualifications and Examinations Regulation, Ian Bauckham, said that GCSE and A-level assessments are being reviewed over concerns that artificial […]

featured Technology

Global AI usage to consume more electricity than Nigeria, two others — UN

Global data centres are projected to consume almost three times the annual electricity used by Nigeria, Pakistan and Bangladesh combined by 2030, according to a new report released by the United Nations on Wednesday. The report, published by the UN University Institute for Water, Environment and Health, attributed the anticipated increase in electricity demand largely […]

Mobile phones

Google launches fake call detector feature for Android users

Google has introduced a new security feature on Android capable of detecting and flagging suspected impersonation calls in real time, as the technology giant intensifies efforts to combat the rising threat of artificial intelligence-powered voice cloning scams that contributed to more than $400 billion in global losses last year. The new feature, known as fake […]

Entertainment featured

AI firm resurrects Marvel founder Stan Lee’s voice, likeness

In a groundbreaking development that bridges comic book nostalgia with artificial intelligence, AI audio company ElevenLabs has announced an expansive licensing deal to resurrect the voice and likeness of Stan Lee, the legendary co-creator of Spider-Man, Iron Man, and the X-Men, who passed away in 2018 at age 95. The agreement, struck with Stan Lee […]

featured Technology

AI tools costs now exceed employee salaries — Nvidia, Uber

Companies accelerating their adoption of Artificial Intelligence are discovering that the cost of AI tools and computing power can quickly exceed employee salaries, according to executives from Nvidia and Uber. As reported by The Economic Times on Friday, Bryan Catanzaro, Vice-President of Applied Deep Learning at Nvidia, told Axios that AI compute expenses have become […]

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