Exclusive Reports

Wed, May

Elon Musk's xAI Raises $6b Investment

Elon Musk’s artificial intelligence startup xAI has raised $6bn in a Series B funding round backed by investors including Valor Equity Partners, Andreessen Horowitz, and Sequoia Capital, among others.
In a statement posted on its website on Sunday, the startup announced that the funds from this round would be used to bring xAI’s first products to market, build advanced infrastructure, and accelerate the research and development of future technologies. “xAI will continue on this steep trajectory of progress over the coming months, with multiple exciting technology updates and products soon to be announced,” the startup said.

Google Rolls Out AI-Powered 'Circle-To-Search' Feature For iPhones

Google has rolled out Android's Circle to Search for iPhone users. The move harnesses the power of Google Lens and iOS Shortcuts, making it possible for iPhone users to enjoy the same functionality previously exclusive to Android. Earlier this year, Google launched the Circle to Search feature for Android that takes a screenshot and lets you select what to look up. Google has highlighted that Circle to Search differs from Google Lens primarily in accessibility, as it is universally available on Android devices with a simple long-press, both features share the same search and OCR technology. Circle to Search stands out for its capability to circle or lasso items for selection instead of merely tapping.

Google Fires 28 Employees Over Protest

On Wednesday, Google terminated 28 employees who had participated in a protest against the contract with the Israeli government that Google shares with its rival, Amazon. The firings happened after nine employees were arrested on Tuesday during sit-in protests at Google offices in Sunnyvale, California, and New York City. The detained workers were released after a few hours, according to employees.

Binance to Halt Naira Services Amid Crypto Exchange Crackdown

Binance will halt all transactions and trading in Nigeria's local currency after March 8 amid a country-wide crackdown on crypto exchanges that have been blamed by authorities for feeding a black market for foreign exchange. It will stop supporting withdrawals after Friday and any remaining balances in Nigerian Naira will be automatically converted into Tether - a stablecoin whose value is pegged to the U.S. dollar. Binance a cryptocurrency exchange platform, was accused of exploiting the Naira which led to its crash. More so, the company is also accused of terrorism financing, money laundering, and tax evasion, among other things.

Nigeria, 11 Others Gets Meta AI

Meta has expanded its AI service, Meta AI, to 12 countries that include Nigeria, Ghana, South Africa, Canada, Australia, Zambia, Zimbabwe, Malawi, and others. Meta is the company managing Facebook, WhatsApp, and Instagram. Meta Llama 3, Meta AI is smarter, faster and more fun. With Meta Llama 3 technology at its core, Meta AI empowers users to accomplish tasks, acquire knowledge, foster creativity, and forge connections with ease. 

iOS 18 Leaks: Airpods Pro To Gain 'Hearing Aid Mode' In New Apple Update

Apple is likely to release the iOS 18 update at the company's WWDC 2024 later this year and the tech giant is expected to bring a number of AI-related improvements in this year's software update for its iPhones. Apart from the AI extravanza, a new report has hinted at the new hearing and accessibility related feature that may be introduced with the iOS 18 update. According to Bloomberg's Mark Gurman, the iOS 18 will come with a new 'hearing aid mode ' that would allow users to play different tones and sounds, allowing the AirPods to detect how well a person can hear. This is expected to come handy for people with hearing issues.

Tecno Announces New AI Assistance In Latest HiOS Update  

Tecno Mobile has once again pushed the boundaries of technological innovation with the announcement of its latest operating system update, focusing mainly on artificial intelligence (AI) to enhance user experience. The new HiOS update promises to redefine how users interact with their Tecno smartphones, promising a slew of AI-enhanced features aimed at improving functionality, customization, and overall device performance. The latest HiOS update signifies Tecno’s commitment to leveraging AI technology to deliver a smarter, more efficient mobile experience. From professional-grade camera settings to smart network management and language translation capabilities, Tecno aims to equip its users with the tools they need to navigate the digital world effortlessly.

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