Big news for Windows users—ChatGPT finally has its own app! OpenAI just launched an early preview of a dedicated Windows app for ChatGPT, Currently only available to ChatGPT Plus, Team, Enterprise, and Edu users, the app is an early version, OpenAI says, arriving ahead of a “full experience” later in the year. What’s in the App?…
Yellow Card has raised $33 million to help its business grow across Africa. This funding round was led by Blockchain Capital, with participation from Polychain Capital, Third Prime Ventures, Castle Island Ventures, Block, Inc., Galaxy Ventures, Blockchain Coinvestors, Hutt Capital, and Winklevoss Capital. With this, Yellow Card has now raised a total of $88 million,…
Jumia Technologies AG has announced plans to shut down operations in South Africa and Tunisia by the end of 2024 because of macroeconomic conditions and stiff competition. This strategic move was taken to optimize resources and focus on core markets with better growth potential. Low Contribution Spurs Decision A thorough evaluation by CEO Francis Dufay…
Just a month after its US debut, Nigeria’s Moove, a startup financing vehicles for ride-hailing drivers—has officially expanded into Mexico. The startup which operates by plugging its special credit scoring system into ride-hailing and delivery platforms. The startup operates by plugging its special credit scoring system into ride-hailing and delivery platforms. This lets them see how drivers and delivery folks are performing and making money, so they can decide who gets loans. Moove offers loans by selling new cars, covering up to 95% of the cost within five days of signing up. Customers can then repay these loans over 24, 36, or 48 months, using a part of their weekly earnings. The company aims for profitability by 2025, marking a significant milestone for African startups amid…
On Thursday night, Elon Musk introduced the world to Tesla’s latest autonomus vehicles concept: the Robovan. Revealed at the “We, Robot” event in Los Angeles, the Robovan is a fully electric, self-driving vehicle designed to carry both passengers and goods in busy urban areas. Musk claims it can fit up to 20 people and is…
X Is Back in Brazil! The Brazilian Supreme Federal Court (STF) has approved the immediate return of X (formerly Twitter) after the platform met all legal requirements. The court has also directed the National Telecommunications Agency (Anatel) to restore service across the country. What Led to This?X was suspended on August 31 after Musk defied…
The Nigerian Communications Commission (NCC) recently made a surprising change regarding its stance on Starlink’s price increase. Earlier, the NCC had expressed surprise over Starlink’s announcement of new subscription rates in Nigeria, claiming that the company had not received regulatory approval for the price adjustment. It was noted that while Starlink had filed a request…
The Nigerian government is reportedly set to launch a $1.5 million (₦2.5 billion) fund to promote the development of Artificial Intelligence (AI) in the country. The announcement was made by Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, during an interview on Arise TV. This initiative, backed by Luminate, a global foundation,…
The U.S. Securities and Exchange Commission (SEC) has charged Nigerian accountant Olayinka Oyebola and his firm, Olayinka Oyebola & Co. (Chartered Accountants), for their involvement in a fraudulent financial scheme linked to Tingo Founder Mmobuosi Odogwu Banye (also known as Dozy Mmobuosi) This legal action comes after a recent $250 million judgment against Mmobuosi and his companies,…
OpenAI, the AI research powerhouse behind ChatGPT, has just closed the largest venture capital round in history, securing $6.6 billion in funding, bringing its post-money valuation to $157 billion. Led by Thrive Capital, the round includes major investments from Microsoft, Nvidia, SoftBank, and others, boosting OpenAI’s total funding to $17.9 billion, according to Crunchbase. Thrive…
