Author: Akin Naphtal

Microsoft is reportedly investing $10bn in OpenAI, the owner of the somewhat controversial large language model chatbot ChatGPT. It uses a deep learning technique to generate text and conversations often indistinguishable from those created by actual humans. ChatGPT has dazzled amateurs and industry experts ever since its launch at the end of November last year. Given a prompt, ChatGPT can answer complex questions, provide suggestions and even debug programming code all while sounding extremely human. “It’s very hard to believe the text was created by a machine learning algorithm,” says Stephen Osler, co-founder and business development director at Nclose. READ…

Twitter has been hit by a 40% year-on-year drop in revenue after more than 500 advertisers paused spending. According to reports, staff were informed that more than 500 advertisers paused spending after Elon Musk took over in October. The company over the years has been reported to have the advert as their main source of income. Twitter’s disclosed that its main source of income is advertising with $5.1bn in revenue in 2021. But advertisers pulled out after concerns of a rise in hate speech on the platform and an increase in impersonator accounts after the platform relaunched its blue tick…

Following the effect of digitilisation transforming the ways of life, this article is intended to get views from tech thought leaders about how digital economy and how its transformation will help businesses across to navigates into a changing world. Against a backdrop of global shocks, fragmented systems and an uncertain business environment, we asked chief digital officers from diverse industries about their priorities for technology leadership in 2023. They highlighted the need to double down on digital innovation that creates meaningful and responsible outcomes for people and the planet. According to Paul Daugherty, Accenture; There is the need to ‘Innovate…

Microsoft has become the latest corporation to announce massive job cuts, a move that will cost the company $1.2 billion in severance costs. Microsoft says the layoffs will also affect changes to its hardware portfolio and the cost of lease consolidation. While addressing the World Economic Forum (WEF) in Davos, Switzerland Microsoft CEO Satya Nadella said that the company was not immune to a weaker global economy. Speaking to WEF founder Klaus Schwab in a live-streamed discussion Satya said “No one can defy gravity and gravity here is inflation-adjusted economic growth,” READ ALSO: Cryptocurrency Exchange Coinbase Announce Plans to Quit…

OPPO has officially announced the release of its new Bluetooth audio chip, the MariSilicon Y, at OPPO INNO DAY 2022. This chip, built on N6RF process technology, is designed to revolutionize the wireless audio experience. One of the key features of the MariSilicon Y is its ability to deliver ultra-clear lossless audio through Bluetooth. The chip includes a dedicated NPU with up to 590 GOPS on-device computing power, which supports a brand-new, smart, spatial audio experience. Additionally, the MariSilicon Y has a data rate of up to 12Mbps on the physical layer, and is equipped with exclusive URLC codec technology…

The enabler of real-time clearing and Embedded Banking for financial institutions, ClearBank, has appointed Mark Fairless as Chief Financial Officer.In addition to leading ClearBank’s finance team, Fairless will be an Executive Director on its UK Board and a member of the Executive Committee. He will play an important role in supporting ClearBank’s continued growth in the UK, Europe, and internationally. READ ALSO: Microsoft Introduces Azure OpenAI Service With ChatGPT Coming Soon Ford to adopt Technology plans to cut dependence on VW for next generation of electric cars GTBank UK Subsidiary get fines from Britain’s financial watchdog of $9.3 million Value…

Siftware giant, Microsoft has declared that ChatGPT is coming soon to the Azure OpenAI Service, in a bid to help customers apply the world’s most advanced AI models to their own businesses. Once customers subscribe to Azure, they have access to all the services included in the Azure portal.According to the Tech giant, with Azure OpenAI Service now generally available, more businesses can apply for access to the most advanced AI models in the world—including GPT-3.5, Codex, and DALL•E 2—backed by the trusted enterprise-grade capabilities and AI-optimized infrastructure of Microsoft Azure, to create cutting-edge applications. Customers will also be able…

As part of its restructuring effort, the crypto exchange Coinbase has recently confirmed in a press release its plan in exiting operations in Japan, due to ‘market conditions’ as the reason for the move. The cryptocurrency exchange had earlier hinted of plans to exit certain markets following the announcement of a 20% cut (about 950 people) to its workforce. This follows in the footsteps of its crypto exchange peer, Kraken, which also announced plans to end operations in the country in December 2022. According to the company, its Japan customers will have until February 16th, 2023 JST to withdraw their…

Ford is poised to cut its dependence on Volkswagen technology for its next generation of electric cars in Europe, unravelling a core part of the alliance formed between the rival carmakers two years ago. The US brand is preparing to launch two vehicles this year and in 2024 that use VW’s electric “MEB” system, which includes assembling VW-sourced batteries at Ford’s plant in Cologne, Germany. But from the middle of the decade Ford expects to launch vehicles that use its own in-house system, which is being engineered by Ford in the US, said Martin Sander, the head of electric vehicles…

The Apple brand which has been known to have consistently took the Top spot as a Global Brand report for the 10th time has announced it will be releasing a MacBook Pro laptop with a touchscreen as soon as 2025. According to an insider comment from the Teams, said they are working on the project, and the first design would include a trackpad and keyboard as well as a touchscreen, according to the report. READ ALSO: UAE-based electric mobility startup One Moto secures $150M funding to expand to UK Foresight Group Raises £60m for Scotland SME Fund University of Technology…