Move over, Silicon Valley—Lagos is making history! In a groundbreaking report by Nairametrics, Nigeria’s economic powerhouse has been officially recognised as the fastest-growing tech ecosystem in the world for 2025. What’s fueling this meteoric rise? The city’s relentless innovation, a thriving startup scene, and—most notably—five unicorn companies that have shattered expectations, each boasting a valuation Read More…
A major environmental controversy has erupted in Memphis, Tennessee, USA, as Colossus, the world’s largest AI training supercomputer developed by Elon Musk’s company, xAI, faces backlash over its impact on local communities. While the facility is positioned as a technological breakthrough, residents of Boxtown, a historically Black and economically disadvantaged neighborhood, argue that Musk’s project Read More…
In a bold move set to redefine personal digital assistance, Meta has launched its first standalone AI application. In an announcement on his Facebook platform on Tuesday, Meta founder Mark Zuckerberg introduced the app as an innovative tool that builds on the company’s extensive use of AI across its platforms. He excitedly declared, “There’s almost Read More…
In a landmark decision, Australia has approved a social media ban for children under the age of 16, following an emotive debate that has captivated the nation. The new law passed on Thursday, sets a global benchmark with one of the toughest regulations targeting Big Tech companies. The Social Media Minimum Age bill mandates that Read More…
The European Union has initiated an investigation into ByteDance’s TikTok to determine whether the social media platform violated online content regulations aimed at safeguarding children and ensuring transparent advertising, announced EU industry chief Thierry Breton on Monday. Breton stated, “Today we open an investigation into TikTok over a suspected breach of transparency & obligations to Read More…
IBM unveiled its plans on Monday to acquire Software AG’s enterprise integration platforms for 2 trillion Naira ($2.33 billion), aiming to strengthen its capabilities in artificial intelligence and hybrid cloud solutions. The purchase involves Software AG’s StreamSets and webMethods platforms, which cater to crucial functions such as application integration, API management, and data integration. The Read More…
A regulatory storm brews as Microsoft’s collaboration with OpenAI comes under the antitrust microscope in both the US and UK following recent upheavals in the startup’s leadership. Nearing the resolution of a boardroom clash resulting in the abrupt exit and return of CEO Sam Altman, Microsoft, a substantial supporter of OpenAI, secured a non-voting observer Read More…
According to a report unveiled at the COP28 climate conference in Dubai by the International Energy Agency (IEA), the global drive toward electric vehicles (EVs) is markedly denting the demand for fossil fuels, despite concerns about the sluggish reduction in fossil fuel consumption to combat climate change. Industry experts note that soaring sales of EVs Read More…
Governor Babajide Sanwo-Olu has reaffirmed Lagos State’s dedication to harnessing technology for sustainable solutions to indigenous challenges. Speaking at the Endeavor Nigeria’s Annual Scale Up Entrepreneurship Summit in Victoria Island, the governor emphasized technology’s role in ensuring food security, efficient transportation, quality healthcare, and education. Sanwo-Olu highlighted the government’s initiatives, emphasizing the importance of infrastructure Read More…
Nigeria, alongside the United States, Britain, and 15 other nations, revealed an international pact aimed at ensuring the safety of artificial intelligence (AI) from malicious use. Emphasising the need for AI systems to be “secure by design,” the 20-page document focuses on urging companies involved in AI development and utilisation to prioritise public and customer Read More…
