Artificial intelligence poses risks to job security around the world but also offers a “tremendous opportunity” to boost flagging productivity levels and fuel global growth, the IMF chief told AFP. AI will affect 60 percent of jobs in advanced economies, the International Monetary Fund’s managing director, Kristalina Georgieva, said in an interview in Washington, shortly […]
Read MoreThe National Information Technology Development Agency (NITDA) has commended the recent decision by the National Board for Technical Education (NBTE) to unbundle the Higher National Diploma (HND) in Computer Science programme into four distinct specialisations: Artificial Intelligence, Network & Cloud Computing, Software & Web Development, and Cybersecurity and Data Protection. This visionary move is not […]
Read MoreAI in Nigeria is thrilled to announce its groundbreaking artificial intelligence (AI) conference and hackathon, InnovateAI Lagos 2024. InnovateAI Lagos 2024, which is set to be a pivotal event in the Nigerian artificial intelligence industry is themed: “Adapting AI For Nigeria: Crafting Intelligent Solutions For Our Unique Landscape” and will explore the transformative power of […]
Read MoreThe New York Times sued ChatGPT-maker OpenAI and Microsoft in a US court on Wednesday, alleging that the companies’ powerful AI models used millions of articles for training without permission. Through their AI chatbots, the companies “seek to free-ride on The Times’s massive investment in its journalism by using it to build substitutive products without […]
Read MoreThe AI industry has shown impressive resilience to the Venture Capital funding drop seen in most sectors this year. While other markets saw a significant downturn in fundraising, AI companies and startups have become the new shiny object for investors, raising much more fresh capital than last year. According to data presented by AltIndex.com, AI companies […]
Read MoreThe impact and influence of AI and machine learning algorithms are transforming business operations worldwide. Major tech giants have been actively registering AI patents to provide solutions across different industries. This is in response to the growing demand for AI capabilities that automate business processes. Being a leader renowned for its advancements, Samsung has made […]
Read MoreArtificial intelligence (AI) took centre stage in 2023, with a wide range of tools, solutions and industries adopting the technology. With 2024 around the corner, experts predict AI is going to become more powerful and accessible to everyone. Generative AI (GenAI)-which enables the use of AI to generate texts, images and code-made headlines throughout 2023. […]
Read MoreThe rapid integration of new technology and digital health devices into healthcare systems has revolutionized patient care and diagnostic processes. However, the increased reliance on these devices has also exposed the healthcare industry to cybersecurity threats. According to the recent report, Cybersecurity in Medical Devices, the market for cybersecurity in medical devices is expected to grow […]
Read MoreThe Director-General, National Information Technology Development Agency (NITDA) Kashifu Inuwa Abdullahi, delivered a Keynote Address at the TranformBase AI Forum in King’s Place, London. The forum, curated by EdenBase, brought together 250+ senior innovative leaders and thinkers to delve into the future of emerging technologies, focused on AI, quantum computing, immersive technologies (AR/VR), blockchain, and […]
Read MoreThe implementation of AI (Artificial Intelligence) in identity verification will reduce the average time spent per digital onboarding check from over 11 minutes in 2023, to under 8 minutes in 2028; dropping by 30%. As AI becomes increasingly accurate, it reduces the number of identity checks referred to a human agent for review, and the […]
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