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1. Google Pours $5.8 Million into Sub-Saharan Africa\’s AI Future In a significant move to bolster Africa’s digital future, Google has announced a $5.8 million investment to accelerate AI skilling initiatives across Sub-Saharan Africa. This substantial investment underscores Google’s commitment to empowering individuals and organizations with the knowledge and tools needed to harness the power of AI. The funding will be directed towards a variety of initiatives, including: AI Training Programs: Google will offer a range of training programs, both online and offline, to equip individuals with the necessary AI skills. These programs will cover a wide range of topics, from machine learning and data science to natural language processing and computer vision. Partnerships with Universities and Organizations: Google will collaborate with leading universities and organizations across the region to develop AI curricula and research programs. By partnering with academic institutions, Google aims to foster a strong pipeline of AI talent. AI Developer Challenges and Hackathons: Google will organize AI developer challenges and hackathons to encourage innovation and problem-solving skills among young developers. These events will provide participants with an opportunity to work on real-world AI projects and network with industry experts. By investing in AI education and skills development, Google aims to create a vibrant and skilled AI workforce in Sub-Saharan Africa. This will not only drive economic growth but also help to address some of the continent’s most pressing challenges, such as poverty, disease, and climate change. This initiative aligns with Google’s broader mission to make technology accessible to everyone. By empowering individuals with AI skills, Google is helping to bridge the digital divide and create a more equitable future.   2. Nvidia\’s AI Dominance Propels it to World\’s Most Valuable Company In a historic moment, Nvidia, the tech titan renowned for its graphics processing units (GPUs), has ascended to the coveted position of the world\’s most valuable company, briefly surpassing Apple. This remarkable achievement is a testament to the company\’s pivotal role in driving the AI revolution. Nvidia\’s ascent to the top is largely attributed to the explosive growth in demand for its high-performance AI chips. These chips, particularly the H100 and A100 series, are essential for powering the development and deployment of AI applications, from natural language processing and computer vision to autonomous vehicles and drug discovery. As AI continues to reshape industries and redefine the future of technology, Nvidia\’s AI chips have become indispensable tools for researchers, developers, and businesses alike. The company\’s ability to innovate and deliver cutting-edge solutions has propelled it to the forefront of the AI revolution. This milestone not only solidifies Nvidia\’s position as a technology leader but also underscores the immense potential of AI to drive economic growth and societal progress. As AI continues to advance, it is likely that Nvidia will remain a key player in shaping the future of technology. Read the tech news update for last week. 3. Google Launches AI for Cybersecurity Program to Bolster Global Security Google has taken a significant step towards enhancing global cybersecurity by launching its AI for Cybersecurity program as part of the Google for Startup Growth Academy. This initiative aims to support innovators worldwide who are developing cutting-edge AI solutions to combat the ever-evolving cyber threats. The program offers a comprehensive suite of resources and support to help startups build and scale their cybersecurity solutions. This includes access to Google\’s advanced technologies, mentorship from industry experts, and funding opportunities. By providing these resources, Google aims to accelerate the development and deployment of innovative cybersecurity solutions. The increasing sophistication of cyberattacks poses a serious threat to individuals, businesses, and governments worldwide. AI-powered cybersecurity solutions can help organizations stay ahead of cybercriminals by automating threat detection, response, and prevention. By investing in AI for cybersecurity, Google is not only strengthening its own security posture but also contributing to the global effort to combat cyber threats. This initiative aligns with Google\’s broader mission to make the internet a safer place for everyone. As the threat landscape continues to evolve, it is crucial to foster innovation and collaboration in the cybersecurity industry. Google\’s AI for Cybersecurity program is a step in the right direction, empowering innovators to develop the next generation of cybersecurity solutions.   4. FEC Approves Creative Economy Development Fund and IP Monetization Pilot The Federal Executive Council (FEC) has taken a significant step towards boosting Nigeria’s creative economy by approving the establishment of the Creative Economy Development Fund (CEDF) and the implementation of the Intellectual Property (IP) Monetization Pilot. The CEDF is designed to provide financial support to creative industries in Nigeria, including film, music, fashion, and gaming. The fund will be used to finance projects, provide grants, and support the development of creative hubs across the country. The IP Monetization Pilot, on the other hand, is aimed at helping Nigerian creators monetize their intellectual property. This initiative will provide training, mentorship, and legal support to creators, enabling them to protect and commercialize their work. These initiatives are expected to drive innovation, create jobs, and contribute to the growth of the Nigerian economy. By supporting the creative industry, the government is recognizing its potential to drive economic development and enhance Nigeria’s global reputation.   5. Starlink Faces Stock-Out in Major Nigerian Cities Residents of Nigeria\’s major cities, Lagos, Abuja, and Port Harcourt, are facing difficulties in acquiring Starlink terminals. The popular satellite internet service provider has reportedly sold out of devices in these areas, leaving potential customers disappointed. This surge in demand for Starlink\’s high-speed internet service can be attributed to several factors, including the increasing need for reliable internet connectivity, especially in remote areas. Additionally, Starlink\’s ability to provide high-speed internet without relying on traditional infrastructure has made it an attractive option for many Nigerians. While the exact reasons for the stock-out are unclear, it is likely due to a combination of factors, such as high demand, supply chain constraints, or production limitations. Starlink has not yet provided an official statement regarding the availability of its products in Nigeria.

1. Microsoft Unveils AI Tools to Streamline Healthcare Administration Microsoft has announced a new suite of AI-powered tools designed to alleviate the administrative burden faced by healthcare professionals. This initiative is part of the company\’s ongoing commitment to improving patient care and supporting doctors and nurses in their daily tasks. The new AI tools are expected to automate a variety of administrative tasks, such as scheduling appointments, managing electronic health records, and processing insurance claims. By automating these time-consuming tasks, healthcare providers can focus more on patient care and improve overall efficiency.    Microsoft\’s investment in healthcare AI is a significant step forward in leveraging technology to address the challenges faced by the healthcare industry. As AI continues to advance, we can expect to see even more innovative solutions that improve patient outcomes and streamline healthcare operations. 2. TikTok Announces Global Layoffs, Impacting Hundreds of Employees In a significant move that has sent shockwaves through the tech industry, TikTok, the popular short-form video platform owned by ByteDance, has announced layoffs affecting hundreds of employees worldwide. While the exact number of job cuts remains undisclosed, it is confirmed that a substantial portion of the layoffs will take place in Malaysia. This latest round of job cuts comes amidst a broader trend of tech companies reducing their workforce in response to economic uncertainty and changing market conditions. TikTok, which has experienced meteoric growth in recent years, is not immune to these pressures. The layoffs are expected to impact various departments within TikTok, including engineering, marketing, and content moderation. While the company has not provided specific reasons for the job cuts, it is believed that the decision was driven by a need to streamline operations and focus on core priorities. The news of the layoffs has sparked concerns about the future of TikTok and its employees. Many are worried about the potential impact on the company\’s growth and its ability to compete in the highly competitive social media landscape. Additionally, the layoffs are likely to have a significant impact on the local job market in Malaysia. As the company continues to navigate these challenging times, it remains to be seen how the layoffs will affect TikTok\’s long-term prospects. It is also unclear whether the company will implement any measures to support the affected employees during this difficult transition.   3. Federal Government Partners with Google to Train 2,500 Young Creatives In a significant boost to the creative industry in Nigeria, the Federal Government, through the Ministry of Arts, Culture, and the Creative Economy (FMACCE), has joined forces with Google to launch a training initiative aimed at empowering 2,500 young creatives across the country. The training program will equip young creatives with the skills and knowledge needed to succeed in the digital age. Participants will receive training in various areas, including digital marketing, content creation, and entrepreneurship. The initiative is designed to help young creatives monetize their talents and contribute to the growth of the Nigerian creative economy. The Federal Government and Google have expressed their commitment to scaling up the program to reach 10,000 young creatives in the future. This expansion will further strengthen the creative industry in Nigeria and create new opportunities for young people. This partnership between the Federal Government and Google is a positive step towards fostering creativity and innovation in Nigeria. By investing in the training and development of young creatives, the government is helping to create a more vibrant and dynamic creative economy. 4. Vodafone Partners with Google to Offer Advanced Cloud Services and AI Tools Vodafone Group Plc, a leading global telecommunications company, has announced a strategic 10-year partnership with Alphabet Inc.\’s Google. The partnership aims to provide Vodafone\’s customers in Africa and Europe with access to cutting-edge cloud services, generative artificial intelligence (AI) tools, and enhanced cybersecurity features. Through this collaboration, Vodafone will leverage Google Cloud\’s advanced infrastructure and AI capabilities to offer its customers a wider range of innovative solutions. This includes cloud-based services for businesses, as well as AI-powered tools for various applications. The partnership is expected to drive growth and innovation for both Vodafone and Google. By combining Vodafone\’s extensive customer base with Google\’s technological expertise, the two companies can create new opportunities and deliver enhanced value to their customers. This strategic alliance marks a significant milestone for both Vodafone and Google, as they work together to shape the future of telecommunications and technology. 5. E-commerce Fraud to Reach $107 Billion Globally by 2029 A recent study by Juniper Research has painted a concerning picture of the future of e-commerce fraud. The research firm predicts that global e-commerce fraud losses will skyrocket from $44.3 billion in 2024 to a staggering $107 billion by 2029, representing a growth of 141%. The increase in e-commerce fraud can be attributed to several factors, including the growing popularity of online shopping, the increasing sophistication of fraud techniques, and the vulnerability of e-commerce platforms to cyberattacks. The study warns that the rise in e-commerce fraud poses a significant threat to both consumers and businesses. For consumers, fraudulent transactions can lead to financial losses and identity theft. For businesses, fraud can damage their reputation, increase operational costs, and reduce customer confidence. To combat the growing threat of e-commerce fraud, businesses must invest in robust fraud prevention measures, including advanced fraud detection technologies and employee training. Additionally, consumers should be aware of the risks associated with online shopping and take steps to protect themselves from fraud.   6. Starlink Surges to 10th Largest ISP in Kenya Within a Year In a significant milestone, Starlink, the satellite internet service provider launched by SpaceX, has quickly risen to become the tenth-largest internet service provider (ISP) in Kenya just one year after its debut. According to data from Kenya\’s Communications Authority (CA), Starlink has managed to attract over 8,000 subscribers in the country since its launch. This rapid growth is a testament to the increasing demand for high-speed internet connectivity in Kenya and the appeal of Starlink\’s satellite-based solution. Starlink\’s success in

1. Google Launches 2025 BOLD Internship Program, Inviting Applications from Underrepresented Students Google has officially opened applications for its 2025 BOLD Internship Program, a unique opportunity for talented students from underrepresented groups to gain valuable experience at one of the world\’s leading tech companies. The BOLD Internship Program provides participants with a hands-on learning experience, mentorship, and professional development opportunities. Interns will have the chance to work on real projects, collaborate with experienced Google employees, and develop their technical and leadership skills. Key Program Highlights: Paid Internship: Participants will receive a competitive salary and benefits package. Mentorship: Interns will be paired with experienced Google employees who will provide guidance and support. Professional Development: The program offers workshops, training sessions, and networking opportunities to help interns develop their skills and advance their careers. Inclusive Environment: Google is committed to creating a diverse and inclusive workplace, and the BOLD Internship Program is designed to attract and support students from underrepresented groups. Benefits for BOLD interns include: Competitive compensation and benefits Mentorship and career guidance Networking opportunities with Google employees The chance to work on cutting-edge projects To apply for the BOLD Internship Program, students must meet the following criteria: Be enrolled in a full-time undergraduate or graduate program Have a strong academic record Demonstrate leadership potential Be passionate about technology and innovation If you are a talented student from an underrepresented group and are interested in pursuing a career in technology, the Google BOLD Internship Program is an excellent opportunity to gain valuable experience and make a positive impact.   2. African Startups Flourish, Raising $138 Million in September 2024 African startups continued their impressive growth trajectory in September 2024, securing a total of $138 million in funding. This represents a significant increase compared to previous months, underscoring the growing investor confidence in the continent\’s burgeoning tech ecosystem. The funding round was a diverse mix of equity, debt, and grants, indicating the increasing maturity of the African startup landscape. While the exact breakdown of the funding is not yet publicly available, it is clear that a wide range of sectors and stages of development were represented. The $138 million raised in September 2024 marks a significant increase compared to previous months, demonstrating the growing investor interest in African startups. The funding round included equity, debt, and grants, indicating the increasing variety of financing options available to African startups. The funding was distributed across various sectors, including fintech, agritech, healthtech, and e-commerce, reflecting the diversity of the African startup ecosystem. The growing number of successful African startups is attracting larger investments from both local and international investors, fueling innovation and driving economic growth. This latest funding surge is a testament to the increasing maturity of the African startup landscape. As more and more startups achieve significant milestones, they are attracting larger investments from both local and international investors. This influx of capital is fueling innovation and driving economic growth across the continent. Kindly click here to check the tech news from last week 3. NCC Threatens Starlink with License Suspension Over Price Hike The Nigerian Communications Commission (NCC) has issued a stern warning to Starlink, a satellite internet service provider, over its recent decision to increase hardware and monthly subscription prices. The regulator has indicated that it may take \”appropriate enforcement measures,\” including the suspension of Starlink\’s operating license if the company does not comply with its directives. The NCC expressed concerns that Starlink\’s price increase was implemented without prior approval from the regulatory body. This action is seen as a violation of the terms and conditions of its operating license. The regulator has emphasized that any changes to tariffs or services must be submitted for its review and approval to ensure that they are fair and reasonable for consumers. Starlink has yet to respond publicly to the NCC\’s threat. It remains to be seen whether the company will comply with the regulator\’s demands or challenge its decision. The outcome of this dispute could have significant implications for the future of satellite internet services in Nigeria.   4. Michael Dell Sheds $1.22 Billion in Dell Technologies Shares Michael Dell, the legendary founder and CEO of Dell Technologies, has made another significant move in his personal investments. In September, Dell sold 10 million shares of the company, cashing in a substantial $1.22 billion. This marks the second major share sale by Dell in recent months, sparking speculation about his future plans. While the exact reasons behind Dell\’s decision to reduce his stake in Dell Technologies remain unclear, it could be attributed to several factors. One possibility is that he may be looking to diversify his investment portfolio and explore other opportunities. Another explanation could be that Dell is taking advantage of the current market conditions to realize some of his gains. Dell\’s sale of 10 million shares represents a significant reduction in his overall holdings in Dell Technologies. However, he still retains a substantial stake in the company, reaffirming his commitment to its long-term success. As Dell Technologies continues to navigate the evolving tech landscape, Michael Dell\’s decision to sell a portion of his shares raises questions about the company\’s future direction. It also highlights the dynamic nature of corporate ownership and the challenges faced by even the most successful entrepreneurs.   5. OpenAI Secures Massive $6.6 Billion Funding, Valued at $157 Billion In a groundbreaking move that underscores the immense potential of artificial intelligence, OpenAI, the pioneering research organization, has successfully raised a staggering $6.6 billion in new funding. This significant investment catapults the company\’s post-money valuation to a remarkable $157 billion. The infusion of capital represents a major milestone for OpenAI, solidifying its position as a dominant force in the AI landscape. This substantial funding will enable the company to accelerate its research and development efforts, potentially leading to even more groundbreaking advancements in artificial intelligence. With this new influx of funds, OpenAI can now invest more heavily in training larger and more complex AI models, expanding its research capabilities, and

1. Mozilla Under Fire: NOYB Accuses of Secret Tracking Feature A European digital rights organization, None of Your Business (NOYB), has filed a formal complaint against Mozilla, the company behind the popular privacy-focused web browser Firefox, for quietly introducing a new tracking feature. The feature, called Privacy-Preserving Attribution (PPA), allows websites to track users across the web without their explicit consent. While Mozilla claims that PPA is designed to protect user privacy, NOYB argues that it undermines the very principles that Firefox was founded upon. According to NOYB, Mozilla rolled out the PPA feature in a recent Firefox update without informing users or obtaining their consent. The organization alleges that this constitutes a violation of European data protection laws, particularly the General Data Protection Regulation (GDPR). Mozilla has yet to issue a detailed response to NOYB\’s complaint. However, in a previous statement, the company defended the PPA feature, claiming that it is designed to protect user privacy while still allowing websites to function properly. Mozilla argues that PPA is more transparent and user-friendly than other tracking methods commonly used by websites. The controversy surrounding the PPA feature has raised concerns about the erosion of online privacy and the potential for website abuse. If NOYB\’s complaint is successful, it could have significant implications for Mozilla\’s reputation and its commitment to user privacy. The case is expected to be closely watched by privacy advocates and tech enthusiasts alike, as it could set a precedent for how companies handle user data and transparency in the digital age. 2. NCC Encourages Telecom Operators to Prioritize Talent Retention The Nigerian Communications Commission (NCC) has urged telecom operators in the country to adopt more flexible work policies, improve remuneration packages, and foster a culture of innovation to attract and retain top talent. The NCC emphasized the critical role of human capital in driving the growth and development of the telecom industry. A skilled and motivated workforce is essential for delivering quality services, meeting customer needs, and staying competitive in a rapidly evolving market. Telecom operators in Nigeria face several challenges in attracting and retaining talent. These include limited career opportunities, rigid work cultures, and inadequate compensation. The NCC believes that by addressing these issues, telecom firms can create a more attractive and rewarding work environment. The NCC\’s recommendations include: – Flexible work arrangements: Implementing flexible work options such as remote work, flexible hours, and compressed workweeks. – Competitive remuneration: Offering competitive salaries and benefits to attract and retain top talent. – Professional development opportunities: Providing opportunities for employees to learn new skills and advance their careers. – Culture of innovation: Fostering a culture that encourages creativity, experimentation, and risk- taking. By implementing these measures, telecom operators can create a more appealing work environment that attracts and retains the best talent in the industry. This, in turn, will benefit consumers by ensuring the delivery of high-quality telecom services. The NCC\’s call for improved talent management practices is a timely reminder of the importance of human capital in the telecom sector. As the industry continues to evolve, it is essential for telecom operators to invest in their employees and create a positive work environment. Boosting Nigerian Businesses With Process Automation 3. Dell Unveils AI Program to Empower Telecom Service Providers   Dell Technologies has introduced a new program, Dell AI for Telecom, designed to simplify and accelerate the adoption of artificial intelligence (AI) solutions for communications service providers (CSPs). The program was unveiled at the Dell Technologies Forum 2024, held at the Hilton Hotel Kuala Lumpur. AI is becoming increasingly important in the telecom industry, offering opportunities to improve customer experience, optimize network performance, and reduce costs. However, many CSPs face challenges in implementing AI solutions due to factors such as complexity, lack of expertise, and high costs. Dell AI for Telecom aims to address these challenges by providing CSPs with a comprehensive set of tools, resources, and support. The program includes: – Pre-configured AI solutions: Dell offers pre-configured AI solutions that can be easily deployed by CSPs. – Expert guidance: Dell provides expert guidance and support to help CSPs identify and implement the right AI solutions for their specific needs. – Partnerships: Dell collaborates with leading AI technology providers to offer a wide range of AI solutions. By leveraging Dell AI for Telecom, CSPs can more easily and quickly adopt AI technologies and realize the benefits of AI in their operations. This can include improving customer satisfaction, enhancing network efficiency, and driving new revenue streams. Dell\’s commitment to empowering telecom service providers is evident in its ongoing investments in AI and other emerging technologies. The company aims to play a leading role in helping CSPs navigate the digital transformation and succeed in the competitive telecom market. 4. Starlink\’s Aggressive Move: Lower-Cost Kit and Plan Challenge Safaricom Elon Musk\’s satellite internet service, Starlink, has intensified its competition with Safaricom in Kenya by introducing a cheaper kit and a more affordable monthly residential plan. This move comes just three days after Safaricom announced an increase in its fiber internet speeds. Starlink\’s new kit is priced lower than its previous offering, making it more accessible to a wider range of consumers. Additionally, the company has launched a $30.87 monthly residential plan, which is significantly cheaper than Safaricom\’s fiber internet options. The introduction of Starlink\’s new offerings is a clear signal of the company\’s commitment to expanding its presence in Kenya and challenging Safaricom\’s dominance in the internet market. Safaricom, one of Kenya\’s largest telecommunications companies, recently increased its fiber internet speeds to compete more effectively with Starlink. The increased competition between Starlink and Safaricom is likely to benefit Kenyan consumers, who can now choose from a wider range of internet options at more competitive prices. However, it is important to note that Starlink\’s service may have limitations, such as slower speeds and potential outages, especially in areas with limited satellite coverage. 5. Africa Tech Festival 2024: Innovators Vie for $1 Million Prize Burgeoning innovators from across the African continent

1. Apple Ordered to Pay €13 Billion Tax Bill In a significant legal victory for the European Commission, the European Court of Justice (ECJ) has ruled that Apple must pay a €13 billion tax bill to Ireland. The decision upholds a 2016 European Commission ruling that found Apple had received illegal state aid from Ireland. The ECJ\’s ruling was a major blow to Apple, which had long argued that its tax arrangements with Ireland were legal. The company has maintained that it complied with all applicable tax laws and that there was no preferential treatment. However, the European Commission argued that Apple\’s tax arrangements amounted to illegal state aid, as they allowed the company to pay significantly less tax than other businesses operating in Ireland. The Commission claimed that Apple\’s tax structure gave it an unfair competitive advantage. The ECJ\’s decision is likely to have far-reaching implications for the tech industry and the concept of tax havens. It suggests that multinational corporations cannot rely on complex tax structures to avoid paying their fair share of taxes. While Apple has yet to announce its next steps, it is expected to appeal the ECJ\’s decision. The company has already indicated that it believes the ruling is flawed and that it will continue to fight for its right to pay taxes according to the law. The ECJ\’s ruling adds weight to the argument that Ireland has become a \”tax haven\” for multinational corporations. The country\’s low corporate tax rate has attracted many companies seeking to reduce their tax liabilities. However, the Apple case demonstrates that even the most sophisticated tax planning schemes can be challenged by regulators.   2. Google\’s Antitrust Fine Upheld: Implications for Online Shopping and Competition The European Union\’s (EU) highest court, the European Court of Justice (ECJ), has upheld a 2017 antitrust ruling against Google, requiring the tech giant to pay a $2.7 billion fine. The case centered on Google\’s practice of giving its shopping recommendations an unfair advantage over rival services in search results. The ECJ\’s decision is a significant victory for the EU\’s antitrust enforcement efforts. It sends a clear message to tech giants that they cannot abuse their dominant market position to stifle competition. The ruling is also likely to have a major impact on the online shopping market, as it could force Google to make changes to its search results that benefit smaller competitors. The EU Commission, which brought the case against Google, argued that the company\’s practice of prioritizing its own shopping services in search results constituted anti-competitive behavior. Google countered that its actions were justified and that it was simply providing consumers with the most relevant information. The ECJ\’s ruling rejects Google\’s arguments and finds that the company\’s actions did indeed violate EU competition law. The court\’s decision is likely to have far-reaching implications for the tech industry and the future of online shopping. It could force Google to make significant changes to its search algorithms, potentially giving smaller competitors a more level playing field. The ruling also raises questions about the future of antitrust enforcement in the digital age. As tech giants continue to grow in size and influence, there is a growing need for regulators to ensure that they do not abuse their market power. The ECJ\’s decision is a step in the right direction, but it remains to be seen whether it will be enough to curb the dominance of tech giants in the online marketplace.   3. NITDA Launches 2024 Digital Nigeria Innovation Challenge The National Information Technology Development Agency (NITDA) has officially launched the 2024 Digital Nigeria Innovation Challenge, a competition designed to harness the power of technology and innovation to tackle Nigeria\’s pressing infrastructure challenges. The challenge invites individuals and teams to develop innovative solutions that address critical infrastructure needs in areas such as transportation, energy, healthcare, education, and agriculture. The goal is to foster a culture of innovation and entrepreneurship, and to identify promising technologies that can improve the lives of Nigerians. Participants will have the opportunity to compete for substantial cash prizes and mentorship from industry experts. The winning solutions will be considered for potential implementation and scale-up. The 2024 Digital Nigeria Innovation Challenge is expected to attract a diverse range of participants from across the country, showcasing the talent and creativity of Nigerian innovators. It is anticipated that the competition will contribute to the development of a vibrant digital economy and drive sustainable growth in Nigeria.   4. OpenAI Seeks Massive Funding Round at $150 Billion Valuation OpenAI, the artificial intelligence research laboratory responsible for developing ChatGPT, is reportedly in discussions to raise a substantial $6.5 billion from investors, valuing the company at a staggering $150 billion. According to a Bloomberg report citing sources familiar with the matter, this new valuation represents a significant increase from the $86 billion valuation assigned to OpenAI earlier this year during its tender offer. If successful, the funding round would further solidify OpenAI\’s position as one of the most valuable startups globally. The influx of capital would provide OpenAI with the resources to expand its AI research and development efforts, potentially accelerating the development of even more advanced AI technologies. The company has been at the forefront of AI innovation, with ChatGPT demonstrating the immense potential of large language models in various applications. While the details of the funding round are still being negotiated, the high valuation reflects the significant market interest in OpenAI and its AI capabilities. The company\’s ability to secure such a substantial investment underscores the growing commercial potential of artificial intelligence.   5. Samsung Electronics Plans Significant Layoffs Technology giant Samsung Electronics is reportedly planning to implement substantial layoffs across its global operations, affecting up to 30% of its workforce in certain divisions. According to a Reuters report citing multiple sources familiar with the matter, the company has directed its subsidiaries worldwide to reduce their sales and marketing staff by approximately 15% and administrative staff by up to 30%. These cuts are part

Google Meet Introduces AI-Powered Note-Taking Feature: \’Take Notes For Me\’ Google has unveiled a groundbreaking new feature for its popular video conferencing platform, Google Meet. The AI-powered tool, aptly named \’Take Notes For Me\’, is designed to automatically generate summaries of key points discussed during video calls, enhancing productivity and ensuring that no crucial information is missed. The \’Take Notes For Me\’ feature leverages advanced artificial intelligence to transcribe and highlight essential moments from meetings. This innovation aims to help users stay focused on the conversation without the distraction of manual note-taking. At the end of each meeting, the AI compiles a concise summary, which is then shared with the meeting owner for distribution. This feature is part of Google\’s broader initiative to integrate AI into its Workspace suite, enhancing user experience and efficiency. Available to Workspace customers with specific add-ons, \’Take Notes For Me\’ joins other AI-driven functionalities like automatic caption translation and noise cancellation. Google\’s new tool is expected to be a game-changer for professionals who rely on virtual meetings, providing a seamless way to capture and review important discussions. The rollout of this feature began in late August and is gradually becoming available to eligible users.   Google Pay Unveils New Features at Global Fintech Fest 2024 At the Global Fintech Fest (GFF) 2024, Google Pay announced a series of innovative features set to roll out later this year, aimed at simplifying transactions and enhancing user experience. Among the key features introduced are: 1. UPI Circle: This feature allows users to delegate digital payments to trusted individuals without needing to link their bank accounts. It is particularly beneficial for those who rely on cash or have limited access to banking services. 2. UPI Vouchers (eRupi): This direct benefit transfer feature enables users to generate prepaid vouchers linked to mobile numbers for digital payments, even without a linked bank account. 3. ClickPay QR Scan: Simplifying bill payments, this feature allows users to pay bills by scanning a QR code within the app. 4. Prepaid Utility Payments: Users can now make recurring payments for prepaid utilities directly through the app. 5. Tap & Pay with RuPay Cards: This feature enables RuPay cardholders to make payments using NFC-enabled smartphones. 6. Enhanced Security Measures: Google Pay is also introducing advanced security features, including biometric authentication and real-time fraud detection, to ensure user transactions are safe and secure. 7. Personalized Insights: Users will receive personalized spending insights and budgeting tools to help manage their finances more effectively. These enhancements reflect Google Pay’s commitment to making digital transactions more accessible and convenient for its users. The new features are expected to be available to users later this year, further solidifying Google Pay’s position as a leader in the fintech space. Google Pay’s continuous innovation in the digital payment landscape demonstrates its dedication to addressing user needs and staying ahead of market trends. Introducing these features is anticipated to significantly enhance the user experience, making everyday transactions smoother and more efficient.   APtech Nigeria Awards ₦64 Million in Scholarships at 16th Career Quest In a significant boost to educational opportunities, students of APtech Computer Education in Nigeria have been awarded ₦64 million in scholarships at the 16th edition of APtech Career Quest. This event, held in association with Middlesex University, London, underscores APtech\’s commitment to fostering academic excellence and providing students with global opportunities. The scholarships, which cover 50% of the tuition fees, will enable students to pursue Advanced Diploma Software Engineering (ADSE) and APtech Certified Network Specialist (ACNS) courses at Middlesex University, London. Additionally, a ₦12 million scholarship was awarded to a student enrolled in a two- year APtech Advanced Diploma course, bringing the total scholarship disbursement to ₦76 million. The event, held at the Muson Centre in Lagos, was graced by Seetam Thakuri, Assistant Vice-President of International Business at APtech Learning India. Thakuri highlighted the platform\’s role in offering IT students the chance to enhance their skills and knowledge at Middlesex University\’s campuses in London or Dubai. APtech\’s collaboration with Middlesex University provides students with a unique opportunity to transfer credits and gain international exposure, particularly in cutting-edge fields such as Artificial Intelligence (AI), Machine Learning (ML), and Virtual Reality (VR). This initiative is part of APtech\’s mission to equip students with the skills needed to excel in the global tech industry. UK\’s First AI-Driven Classroom Without Teachers Set to Launch in London In a pioneering move, David Game College in London is set to launch the UK\’s first AI-driven classroom without human teachers. Starting this month, the private school will offer GCSE students a unique learning experience through its new \’teacherless\’ course, utilizing advanced artificial intelligence platforms and virtual reality headsets. The innovative program, known as the Sabrewing program, replaces traditional teaching methods with AI-powered adaptive learning. This approach allows each student to receive a personalized education tailored to their strengths and weaknesses. The AI continuously evaluates and adjusts the learning material, ensuring that students progress at their own pace. To support this new learning model, the college has employed a team of \’learning coaches\’ who will be present in the classroom to monitor behavior and provide assistance with subjects that AI currently struggles with, such as art and sex education. The program aims to combine the precision and accuracy of AI with the necessary human touch to create a balanced educational environment. John Dalton, the school\’s co-principal, expressed confidence in the potential of AI to revolutionize education. \’There are many excellent teachers out there, but we\’re all fallible, \’Dalton said. \’AI can provide a level of precision and continuous evaluation that is difficult to achieve with human teachers. It can pinpoint exactly why a child is not learning and adjust the approach accordingly. While the new AI classroom has sparked excitement, it has also raised concerns about the potential for a dehumanized learning environment. Critics argue that the absence of human interaction could lead to a lack of emotional connection and a diminished overall educational experience.

1. Amazon Launches New Echo Devices with Enhanced AI Capabilities E-commerce giant Amazon has unveiled its latest lineup of Echo devices, featuring improved AI capabilities, sleek designs, and innovative features. The new devices include: – Echo Dot: A compact smart speaker with improved sound quality and Alexa integration – Echo Show: A smart display with enhanced visuals, video calling, and smart home control – Echo Studio: A high-fidelity smart speaker with 3D audio and immersive sound Amazon\’s new Echo devices boast enhanced AI capabilities, enabling users to control their smart homes, access information, and enjoy entertainment with ease. The devices feature improved voice recognition, faster response times, and seamless integration with various smart devices. Additionally, Amazon has introduced new features like Alexa Conversations, allowing for more natural and intuitive interactions. The new Echo devices also prioritize user privacy, with enhanced security settings and data protection. 2. Telcos in Nigeria Consider Partial Service to Support Tariff Hike Nigeria\’s telecom industry is bracing for a significant change as operators consider partial service to support a proposed tariff hike. The move comes as telecom companies face increasing operational costs, including rising energy expenses, security challenges, and regulatory fees. The proposed tariff hike has sparked intense debate, with consumers and stakeholders weighing in on its potential impact. On one hand, telecom operators argue that the hike is necessary to maintain profitability and invest in network upgrades. On the other hand, consumers are concerned about the added expense, particularly in a challenging economic environment. Partial service, which could involve limiting data speeds or imposing usage caps, is seen as a compromise. However, its implementation raises questions about fairness, equity, and the potential for unequal access to digital services. As the industry navigates this complex issue, regulators, operators, and consumers must work together to find a balance that supports both business sustainability and social equity.   3. AAI-enabled SaaS on the rise as 60% of companies shift towards AI Integration A recent report has found that 60% of companies are shifting towards AI integration, with AI-enabled SaaS (Software as a Service) becoming increasingly popular. The report, which surveyed over 1,000 businesses, found that AI-enabled SaaS is being adopted across various industries, including healthcare, finance, and marketing. The report highlights the significant potential for AI-enabled SaaS to transform industries and revolutionize the way companies operate. AI-enabled SaaS offers a range of benefits, including: – Automation of repetitive tasks – Enhanced customer experience – Improved decision-making – Increased efficiency – Reduced costs The report also found that companies are adopting AI-enabled SaaS for a range of applications, including: – Customer service chatbots – Predictive analytics – Marketing automation – Sales forecasting – Supply chain management The growth of AI-enabled SaaS is driven by the increasing availability of cloud-based AI tools and the need for businesses to stay competitive in a rapidly changing market. As AI technology continues to evolve, it\’s expected that even more companies will adopt AI-enabled SaaS to drive innovation and growth. The report\’s findings suggest that AI-enabled SaaS is no longer a niche technology, but a mainstream solution that\’s being adopted by businesses of all sizes. As the demand for AI-enabled SaaS continues to grow, it\’s likely that we\’ll see even more innovative solutions emerge in the market.   4. WhatsApp to introduce \’Like\’ reactions for status updates WhatsApp is reportedly working on introducing \’Like\’ reactions for status updates, similar to those found on Instagram and Facebook. The feature, which is currently in development, will enable users to quickly react to status updates without having to type a message. According to sources, the \’Like\’ reaction will be available alongside other reaction options, such as \”Love\”, \”Laugh\”, and \”Sad\”, which were introduced by WhatsApp last year. The new feature is expected to be rolled out to users in the coming weeks or months. The introduction of \’Like\’ reactions for status updates is seen as an attempt by WhatsApp to enhance user engagement and make the platform more interactive. Status updates, which were introduced by WhatsApp in 2017, allow users to share text, images, and videos with their contacts for a limited time. The feature has become increasingly popular, with millions of users sharing status updates every day. By introducing \’Like\’ reactions, WhatsApp aims to make the feature more engaging and encourage users to share more updates. It\’s worth noting that WhatsApp has been gradually introducing new features to enhance the user experience, including dark mode, fingerprint lock, and group video calling. The addition of \’Like\’ reactions for status updates is seen as a natural next step in this process. The exact timeline for the rollout of the new feature is not yet clear, but it\’s expected to be available to users soon.   5. India govt issues high-risk warning for Windows users The Indian government has issued a high-risk warning for Windows users, citing vulnerabilities in the operating system that could be exploited by hackers. The warning, issued by the Indian Computer Emergency Response Team (CERT-In), advises users to take immediate action to protect their systems. According to CERT-In, the vulnerabilities affect Windows 10 and Windows 11 operating systems and could allow attackers to gain remote access to affected systems. The warning states that the vulnerabilities are being actively exploited by hackers and urges users to install the latest security patches and updates. The Indian government has advised Windows users to take the following precautions: – Install the latest security patches and updates – Enable Windows Firewall and ensure it is configured correctly – Use strong passwords and enable password protection – Avoid clicking on suspicious links or opening attachments from unknown sources – Use antivirus software and ensure it is updated This warning highlights the growing concern over cybersecurity threats in India. The country has seen a significant increase in cyberattacks in recent years, with hackers targeting individuals, businesses, and government organizations. The Indian government has taken steps to enhance cybersecurity, including the establishment of CERT-In and the launch of the National Cyber Security