Author: Akin Naphtal

AI Robotics company, Figure, has secured a $9 million equity investment from Intel Capital, a tech renowned investor, to bolster Figure’s financial position and accelerate the development of their autonomous humanoid robot, Figure 01. Furthermore, the investment will also support the expansion of Figure’s AI data pipeline for autonomous operations and drive the company towards eventual commercialization. Intel Capital joins other prominent investors in Figure’s Series A funding round, with bids from Parkway Venture Capital, Brett Adcock, Aliya Capital, and Bold Capital Partners, among others. “Intel Capital is at the forefront of making big, bold frontier bets and we are…

Flutterwave has unveiled Tuition to help Africans pay several fees to secondary schools, universities, colleges, and other edtech platforms in their local currencies on the continent and abroad. Currently, the product is only available in Nigeria with over 40 institutions in the UK supported. However, there are plans to expand to schools in other African countries, the UK, US, Canada, France and Germany. Students, parents, guardians, and sponsors in other African countries should be able to access the product as rollout continues in the coming months. Parents and guardians can easily track their transactions by checking the status and history…

Edge, one of the world’s leading advanced technology and defence groups, has announced its acquisition of OryxLabs, a prominent cybersecurity company based in Abu Dhabi. OryxLabs is providing tailored cybersecurity solutions to safeguard its clients from emerging cyber threats. With strong focus on advanced research, engineering, and innovation, the company has been entrusted with addressing cybersecurity challenges at scale while delivering exceptional services to its clients. READ ALSO: Trend Micro blocks over 12mln cyber threats in Oman The acquisition gives Edge the opportunity to expand its portfolio and provides it with advanced solutions to solve critical pain points in cybersecurity,…

Trend Micro Incorporated, a global leader in cybersecurity, announced the findings of its annual cybersecurity report, which revealed a significant 55% increase in global threat detections and a massive 242% surge in blocked malicious files in 2022. Titled “Rethinking Tactics”, the report highlights concerning trends that have significant implications for the future of digital security. It emphasized that threat actors indiscriminately targeted both consumers and organizations across all sectors, making 2022 a challenging year for cybersecurity professionals. In Oman, in particular, Trend Micro solutions detected and blocked over 3 million (3,284,958) email threats, prevented 2.5 million (2,524,312) malicious URL victim…

Google has unveiled its groundbreaking project, Gemini, at this year’s Google I/O conference, generating significant anticipation within the AI industry. Gemini, developed by Google’s DeepMind under the leadership of CEO Demis Hassabis, aims to surpass the performance of existing AI systems, including OpenAI’s ChatGPT. It operates with the vision of tackling diverse data and tasks without relying on specialized models, revolutionizing the field of AI. Gemini draws inspiration from Google’s triumphant creation, AlphaGo, which achieved remarkable success in 2016. By incorporating AlphaGo’s problem-solving capabilities and advanced language processing, Gemini represents a fusion of strengths. The project embraces reinforcement learning, continuously…

The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has officially announced that the investment profile in the nation’s telecommunications sector, comprising foreign direct investment (FDI) and local investment, has reached $75.6 billion as of 2021. Danbatta said, in 2018, investment profile in the sector stood at $68 billion, increasing to $70.5 billion in 2019 and $72 billion in 2020. At the end of 2021, the figure rose to $75,560,563,417.79 ($75.6 billion). The latest figure is the current official investment profile computed in the industry up from the initial $70 billion investment in the…

In a remarkable feat, Meta CEO Mark Zuckerberg announced that their newly launched social media platform, Threads, attracted over ten million sign-ups in a mere seven hours. Threads, described as a text-based counterpart to Meta’s photo-sharing app Instagram, aims to provide users with a distinct platform for real-time updates and public conversations. Available for download on Apple and Google Android app stores across more than 100 countries, including the United States, Britain, Australia, Canada and Japan, Threads offers users a microblogging experience similar to Twitter. Screenshots shared with the media demonstrate features resembling Twitter, suggesting that Meta Platforms is actively…

HONOR, a smartphone brand, has globally launched its HONOR 90 Series, featuring a remarkable 200MP Main Camera and a leading Quad-Curved Floating Display with eye-comfort technology. The device aims to empower the always-on generation to capture and share their everyday adventures in exceptional detail. CEO George Zhao emphasized HONOR’s commitment to empowering consumers with leading technology. The HONOR 90 boasts a powerful and versatile camera system, including a 200MP Main Camera with excellent low-light performance, a 12MP ultra-wide and macro camera, and a 2MP Depth Camera for accurate distance measurement. The device introduces a new Portrait Mode for creating exceptional…

The Ministry of Education (MoE) of India, Indian Institute of Technology (IIT) Madras, and the Ministry of Education and Vocational Training (MoEVT) of Zanzibar, Tanzania, have signed a Memorandum of Understanding (MoU) to set up the first-ever Indian Institute of Technology (IIT) campus outside India. IIT Madras and MoEVT Zanzibar will collaborate to establish the IIT campus, symbolizing the continuous friendship between these countries. The agreement was signed in the presence of the President of Zanzibar, Hussein Ali Mwinyi, and the External Affairs Minister of India, Subrahmanyam Jaishankar, highlighting the focus on people-to-people ties and strengthening educational partnerships. READ ALSO:…

Binance Academy, the educational division of leading cryptocurrency exchange Binance, has joined forces with online learning platform Coursera to provide extensive learning programs worldwide. This collaboration aims to offer educational opportunities to a wide audience through a comprehensive suite of courses launching in the coming months and beyond. The curriculum will cover a diverse range of topics, catering to individuals seeking a foundational understanding of blockchain, web3 and crypto technologies, as well as those aspiring to pursue careers in the blockchain industry. Upon successful completion of these courses, learners will receive digital certificates, validating their knowledge and enabling new prospects…