Author: Akin Naphtal

Moneyhub, FinTech, Open Banking, Crown Commercial Service, DPS, Open Data, Open Finance, UKMoneyhub has been named as a supplier of Crown Commercial Service’s (CCS) Open Banking Dynamic Purchasing System (DPS) framework for its Open Banking and Payment services. Crown Commercial Service supports the public sector to achieve maximum commercial value when procuring common goods and services. The DPS framework, which is open to any approved supplier of open banking services, was rolled out in January 2024, to reduce costs, curb fraud and reduce delays in payouts using faster payment rails. Moneyhub is a data and payments platform built on Open…

Nvidia (NVDA.O), opens new tab CEO Jensen Huang said on Monday that every country needs to have its artificial intelligence infrastructure to take advantage of the economic potential while protecting its own culture. “You cannot allow that to be done by other people,” Huang said at the World Government Summit in Dubai. Huang, whose firm has catapulted to a $1.73 trillion stock market value due to its dominance of the market for high-end AI chips, said his company is ‘democratizing’ access to AI due to swift efficiency gains in AI computing. “The rest of it is really up to you…

Google, in its bid to see more advancements in artificial intelligence (AI), has pledged 25 million euros ($26.98 million) to help fund initiatives that will enhance AI education across Europe. While making the pledge on Monday, 12th February, Google announced its commitment to ensuring that people from all backgrounds have the opportunity to learn and benefit from AI technology. The initiative invites social enterprises and non-profits to apply for funding to support AI education programs targeting individuals who are most likely to benefit from such training. Additionally, Google plans to establish “growth academies” to provide support to companies leveraging AI…

The African Development Bank Group (AfDB) has launched the Remote, Appraisal, Supervision, Monitoring, and Evaluation (RASME) initiative in Tunis, aimed at bolstering the supervision of development projects through cutting-edge processes. This collaborative effort between the AfDB, the World Bank’s Geo-Enabling for Monitoring and Supervision initiative, and KoBoToolbox, provides real-time digital data-gathering tools to enhance project preparation, progress reporting, and impact evaluation transparently. The launch event, led by AfDB’s Director General for North Africa, Mohamed El Azizi, and the Director General of Cooperation in the Tunisian Ministry of Economy and Planning, Tarek Bouhlel, signifies a milestone in leveraging technology for efficient…

Motorola Solutions and Google Cloud have partnered to innovate cloud solutions within Motorola Solutions’ safety and security technologies, and leverage cloud infrastructure and assistive intelligence to effectively address real-world safety challenges. The partnership will focus on advancing capabilities such as highly accurate and reliable video content delivery, mapping, and AI functionalities. By harnessing Google Cloud’s robust infrastructure and expertise, Motorola Solutions aims to enhance its offerings and make safety and security solutions more accessible and actionable for its customers. Empowering Safety and Security through Innovation Executive Vice President and Chief Technology Officer of Motorola Solutions, Mahesh Saptharishi, believes the collaboration…

Google is reportedly bidding farewell to its Bard chatbot, which will instead be revamped as Gemini, according to leaks which have surfaced in recent weeks. The core functionality of the chatbot will remain intact but Google seeks to usher in a new era of innovation and efficiency in digital interactions. Alongside the rebrand, Google is rumoured to be introducing Gemini Advanced, a specialised tier within its Google One subscription service. This premium tier will grant users access to enhanced generative AI capabilities powered by the cutting-edge Gemini Ultra AI model. Leaked details indicate that Gemini Advanced will be bundled with…

CSquared, a leading provider of open-access fibre infrastructure, partnered with Telecel Liberia has launched a city-wide Wi-Fi network in Ganta, Liberia, to provide businesses and individuals with fast internet, and foster economic growth and development in the region. In a LinkedIn post CSquared stated that the city-wide Wi-Fi network, powered by CSquared’s open-access fibre backbone, will ensure affordable and reliable broadband connectivity for the Ganta’s residents. In the post, the company noted that the Wi-Fi “will enable enterprises and individuals to access affordable and reliable broadband connectivity, ensuring internet for all,” adding that it looked “forward to improved livelihoods powered by…

CEO of Microsoft, Satya Nadella, says the tech giant is committed to training India’s youth in artificial intelligence (AI) skills, announcing this during the Microsoft CEO Connection event held on 7th February in Mumbai. During the event, Nadella announced that Microsoft plans to train 2 million students, job seekers, and women through the company’s ADVANTA(I)GE INDIA initiative by 2025. The initiative is part of part of Microsoft’s Skills for Jobs program, and aims to empower India’s workforce with future-ready skills and accelerate the country’s AI transformation. Aligned with Microsoft’s responsible AI principles, the ADVANTA(I)GE INDIA initiative will provide training in…

Apple has reportedly begun working on developing a foldable iPhone rumoured to be in the style of clamshell phones, similar to Samsung’s Galaxy Z Flip series, rather than transforming into tablets like the Galaxy Z Fold or Google’s Pixel Fold. However, the sources suggest that these foldable iPhones are still in early stages of development and could potentially be cancelled. If they do proceed to market, it’s unlikely they will be available before 2025. Apple has been facing various design challenges in the development of foldable phones. These challenges include concerns over the thickness of the device when folded, durability…

ChatGPT creator, OpenAI, has announced its intention to add new digital watermarks to DALL-E 3 images in an effort to enhance transparency and combat the spread of misinformation. In a blog post published on 6th February, the company revealed that it has collaborated with the Coalition for Content Provenance and Authenticity (C2PA) to incorporate watermarks onto its AI-generated images. The move aims to bolster public trust in digital information by enabling users to verify whether images have been generated by AI using platforms like Content Credentials Verify. Media organisations are also adopting this standard to authenticate content sources. The approach…