The 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 […]
Read MoreGoogle is rolling out its Search Generative Experience (“SGE”) in the SSA region as an opt-in experiment in Search Labs. This AI-powered experience is available in English. With new breakthroughs in generative AI, Google is reimagining what a search engine can do and is bringing these powerful new capabilities to Search in a bold and […]
Read MoreArtificial intelligence (AI) is emerging as the epicenter of the global technological landscape, showcasing a formidable fusion of cutting-edge innovation and boundless potential. Numerous technology companies are already leaping onto the AI space, a trend partly driven by increased investor confidence, as reflected in the notable shifts in market capitalization. In this line, data acquired […]
Read More“What is our strategy to incorporate AI and generative AI into our business?” – said everyone’s management team this year. The reality is that organisations across the world are all asking remarkably similar questions. Unfortunately, the answers remain elusive and overwhelming for most. Over the past year, conversations about AI have evolved from theoretical use-cases […]
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