Social media platforms have enormous power to direct traffic based on their algorithms. South Africa’s Competition Commission has ordered social media platforms YouTube, Meta, TikTok and X to significantly invest in supporting South Africa’s media sector, to restore fairness, transparency and sustainability in the media ecosystem. This is one of several key remedies proposed by…
Doha, Qatar — During the Second World Summit for Social Development in Doha, Spotlight Initiative and the Qatar Fund for Development (QFFD) hosted the side event ‘Invest in adequate social protection for women and girls to drive meaningful change across all Sustainable Development Goals (SDGs)’. This session underscored the urgent need to strengthen universal, inclusive…
Every year, rabies silently kills children across East Africa, even though it is one of the few infectious diseases that is 100% preventable. Globally, rabies causes approximately 59,000 deaths a year, mainly in Africa and Asia. In Kenya, 99% of human cases are attributed to dog bites/ scratches. In our region, children are the most…
Uniphore, the Business AI company, today announced the close of its $260 million Series F round. NVIDIA, AMD, Snowflake, and Databricks invested in the round and were joined by financial and sovereign investors including NEA, March Capital, BNF Capital, National Grid Partners, and Prosperity7 Ventures. The new capital will accelerate innovation on its AI and…
As the world faces the threat of a reduced global output in the coming years due to climate impacts, Minister of Forestry, Fisheries and the Environment Dr Dion George has stressed the importance of Group Twenty (G20) nations investing in sustainability. Addressing third and final meeting of the G20 Environment and Climate Sustainability Working Group…
JPMorgan Chase on Monday said it is launching a decade-long plan to help finance and take direct stakes in companies it considers crucial to U.S. interests. The bank said in a statement it would invest up to $10 billion into companies in four areas: defense and aerospace, “frontier” technologies including AI and quantum computing, energy…
Nvidia has announced plans to invest up to $100 billion in OpenAI, a move that signifies a major partnership between two of the most influential companies in the global artificial intelligence race. The investment will focus on deploying Nvidia’s chips for OpenAI’s advanced AI infrastructure. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: Packaging from…
Emma Okonji Google has announced a new set of investments in Africa, reaffirming its nearly two-decade commitment to the continent’s digital transformation. The latest commitments focus on empowering Africa’s next generation through Artificial Intelligence (AI), unlocking opportunities and expanding on the innovation capacity of young Africans. They cover internet connectivity; youth-led learning and innovation; and…
Nvidia will invest up to $100 billion in OpenAI as the artificial intelligence lab sets out to build hundreds of billions of dollars in data centers based around the chipmaker’s AI processors, the companies said on Monday. OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, the companies said on…
ChapGPT parent OpenAI is set to receive up to $100 billion in investments from chip giant Nvidia, helping cement the two firms as leaders in the race to build artificial intelligence systems that could transform the economy and society. The companies said the move will enable OpenAI to expand the fleet of data centers it…
