Author: Akin Naphtal

MpiloTech has formally secured certification as an Implementation Partner for Temenos Digital across the Middle East and Africa (MEA) region, marking a major achievement in its goal to provide advanced digital banking solutions to financial institutions. The certification follows a thorough evaluation process, where MpiloTech showcased its expertise through a team of 30 certified professionals, each specializing in various aspects of implementation and delivery. This accomplishment highlights the company’s alignment with the Temenos Implementation Methodology, ensuring the delivery of tailored solutions to meet the specific needs of clients in the region. Currently, MpiloTech is leading two major implementations of Temenos…

Co-chair of the Bill & Melinda Gates Foundation, Bill Gates has invested billions in technologies aimed at shaping the future, from combating climate change to eradicating diseases. His efforts and insights are now the focus of a new Netflix series titled “What’s Next? The Future with Bill Gates”, set to launch on September 18. The series will explore various pressing issues, including artificial intelligence (AI), climate change, global health, inequality, and misinformation. In an interview with The Verge, Gates discussed his optimism about the future technologies highlighted in the series. He also reflected on his time leading Microsoft and the…

The National Health Service (NHS) could save over £1.2 billion by adopting non-intrusive lifestyle monitoring technology in social care, accordia new independent report. The widespread use of this AI-driven technology is also projected to free up more than two million hospital bed days and create enough extra capacity to fund 10,000 additional full-time carers by 2035. Commissioned by health-tech company Lilli, the report underscores the urgent need for digitization across the health and social care sector. It draws on data from several local authorities across the UK currently using the technology to address the growing care deficit and mounting social…

Neko Health, a Swedish startup co-founded by Spotify’s Daniel Ek and Hjalmar Nilsonne, is bringing its innovative approach to preventative healthcare to London, marking its first expansion outside its home market. The company, known for its annual full-body scans and driven insights, aims to detect conditions like heart disease and skin cancer early on. For £299 and an hour of your time, Neko Health offers a comprehensive health assessment. The process involves a series of scans and tests that generate millions of data points, providing detailed insights into cardiovascular, metabolic, and other health conditions. The package includes an in-person consultation…

SparkLabs, a prominent early-stage venture capital firm known for backing AI giants like OpenAI and emerging startups such as Vectara, Anthropic, and xAI, announced the closure of a $50 million fund dedicated to supporting AI startups. Named the AIM AI Fund, this latest financial commitment will fuel investments through SparkLabs’ AIM-X accelerator in Saudi Arabia and in AI startups worldwide. The AIM-X accelerator, launched earlier this year as part of Saudi Arabia’s national AI Mission, represents a strategic effort to advance AI technology in the region. SparkLabs plans to allocate approximately 35% of the new fund to participants in the…

Leading tech education start-up, Child-In-Tech, has announced its first-ever AI Summit, which is scheduled for 5th September, 2024, at Blue Crest University, and sponsored by TapTap Send, a renowned fintech company. The AI Summit aims to introduce children under 18 to the world of Artificial Intelligence (AI), providing a platform for them to learn, explore, and showcase their innovative ideas. The event promises to be an engaging and interactive experience, featuring keynote speeches, workshops, and project exhibitions. Themed “Empowering Young Minds through AI,” the summit will bring together industry experts, educators, and young tech enthusiasts to share knowledge, inspire creativity,…

Sasai Money Transfer, a subsidiary of Cassava Technologies and one of the fastest-growing international money transfer operators, has expanded its groundbreaking zero-fee remittance service to additional African markets through a new partnership with Airtel Money. This initiative, launched in May 2024 in collaboration with Econet in Zimbabwe, is now extending its reach, starting with Uganda. It will soon include other high-traffic remittance markets such as Ghana, Malawi, Nigeria, Kenya, and Zambia. The zero-fee initiative allows users of Sasai Money Transfer in the United Kingdom and South Africa to send money to family and friends in Uganda without incurring remittance fees.…

OpenAI, the creator of ChatGPT, is reportedly in discussions to secure a fresh round of funding that could push its valuation beyond $100 billion, according to sources cited by The Wall Street Journal. New York-based venture capital firm, Thrive Capital, is expected to lead the round, with an investment of approximately $1 billion. The San Francisco-based AI start-up was last valued at $86 billion, with significant backing from major investors including Microsoft, Khosla Ventures, Infosys, and Y Combinator. Microsoft, which has been OpenAI’s largest backer since the viral success of ChatGPT in 2022, is also expected to participate in this…

OpenAI has reported a significant increase in the weekly active users of its AI chatbot, ChatGPT, with numbers doubling over the past year to surpass 200 million. The San Francisco-based start-up, which has been a driving force in AI innovation since launching ChatGPT in November 2022, continues to lead the global race for advanced AI models. CEO Sam Altman, on 29th August, confirmed the rapid growth, noting that ChatGPT had crossed 100 million weekly active users last November. OpenAI now boasts that over 90% of Fortune 500 companies are integrating its AI tools, and its automated API usage has doubled…

The World Bank has reiterated its commitment to supporting global digital identity and payment systems through its Identification for Development (ID4D) and Government to Person Payments (G2PX) initiatives. The global financial body aims to help the estimated 850 million people worldwide who currently lack legal and digital identities, while also expanding access to seamless digital payments. This pledge was highlighted in the World Bank’s 2023 ID4D and G2PX annual report titled “Putting People at the Center of DPI.” The report outlines progress in making digital public infrastructure (DPI) a key tool for providing critical public services globally. Released earlier this…