Google is testing a new feature that displays verified check marks next to certain businesses in its search results. This initiative is aimed at helping users identify legitimate businesses while avoiding potentially harmful fraudulent websites. The move comes as part of Google’s ongoing efforts to improve trust and security for…
Author: Staff Writer
Staff Writer
I am a staff at Innovation Village.
As artificial intelligence (AI) continues to transform industries and reshape the job market, new career opportunities are emerging that focus on leveraging AI technologies. Here are eight of the most promising careers that have arisen from the growing influence of AI, along with their global remuneration estimates: 1. AI/Machine Learning…
Djibouti has recently initiated a groundbreaking approach to combat malaria with the launch of its first full season of pilot releases of Friendly Anopheles stephensi mosquitoes in Djibouti City. This move represents a significant advance in the development of sustainable, targeted solutions to control the disease-spreading Anopheles stephensi, a highly…
Gilead Sciences, Inc. has announced a significant move to broaden access to HIV prevention treatments by striking licensing agreements with six pharmaceutical manufacturers. These deals will enable the production and distribution of generic versions of Gilead’s investigational HIV prevention drug, lenacapavir, in 120 countries, primarily those with high HIV incidence…
Meta Platforms Inc., Facebook’s parent company, has introduced a new artificial intelligence (AI) tool called Movie Gen, which allows users to generate or edit videos using simple text prompts. This move positions Meta in the growing race for AI supremacy, competing with other tech giants like OpenAI and Google. Movie…
The integration of Artificial Intelligence (AI) into education is no longer a distant vision but a rapidly approaching reality. Over the next 15 years, AI is poised to fundamentally reshape how schools and universities function, altering the very fabric of education as we know it. From personalized learning to AI-driven…
The Nigerian government, through the Ministry of Communications, Innovation, and Digital Economy, is taking significant steps to advance Artificial Intelligence (AI) in the country. Minister Dr. Bosun Tijani recently announced the launch of a $1.5 million initiative aimed at supporting AI development, which will take place on October 7th in…
OpenAI has secured a significant financial boost by establishing a $4 billion revolving line of credit from leading global banks, including JPMorgan Chase, Citigroup, Goldman Sachs, and Morgan Stanley. This credit facility adds to OpenAI’s recent $6.6 billion fundraising, providing the company with access to over $10 billion in liquidity.…
AMAKA Studio has successfully raised $2 million in seed funding, marking a major milestone in its mission to empower Black and African creators worldwide. The funding round was led by Equitane, formerly known as Africa Transformation and Industrialization Fund (ATIF), alongside notable partners such as Morgan Stanley Inclusive Ventures Lab…
The National Identity Management Commission (NIMC) has announced that it will no longer allow data modifications at its National Identification Number (NIN) enrollment centres. Instead, all modifications must now be made through the NIMC self-service modification portal. This decision aims to streamline the process, reduce long queues, and enhance data…
The U.S. Securities and Exchange Commission (SEC) has charged Nigerian auditor Olayinka Oyebola and his accounting firm, Olayinka Oyebola & Co., with aiding and abetting a large-scale securities fraud orchestrated by businessman Dozy Mmobuosi and his U.S.-based companies, collectively known as the Tingo entities. This comes in the wake of…
Microsoft has introduced a major overhaul to its Copilot AI assistant, transforming it into a more personalized and interactive tool with new voice and vision capabilities. This update aims to make Copilot a more engaging and supportive companion, enabling users to interact with AI in ways that feel natural, helpful,…
WhatsApp is making strides to enhance its video calling experience with the introduction of filters and backgrounds, positioning itself as a strong competitor to established videoconferencing platforms like Zoom. With over two billion users across 180 countries, the Meta-owned messaging app is already the largest in the world, and these…
SoftBank is reportedly planning a $500 million investment in OpenAI, the artificial intelligence firm behind ChatGPT, as part of the company’s broader efforts to expand its AI portfolio. According to a report by The Information, the Japanese telecom and tech conglomerate is making this investment at a time when OpenAI…
SpaceX’s Starlink satellite internet service has reached a significant milestone, surpassing 4 million customers worldwide, according to SpaceX President Gwynne Shotwell. This achievement, confirmed by SpaceX, reflects the service’s rapid growth trajectory since its launch in October 2020. With an ever-expanding constellation of nearly 6,000 satellites, Starlink is now available…
The European Union is taking a significant step towards reshaping the payments industry with the rollout of Wero, a new platform designed to rival the dominance of Visa and Mastercard. For years, European governments and financial institutions have expressed concern over the reliance on U.S.-based companies to process a vast…
Changpeng “CZ” Zhao, the founder of Binance, has been released from U.S. custody after completing a four-month sentence in a low-security correctional facility. CZ’s imprisonment stemmed from a federal investigation that revealed Binance, the world’s largest cryptocurrency exchange, had been involved in facilitating illegal activities on its platform. The investigation…
Ireland’s Data Protection Commission (DPC) has announced a €91 million fine against Meta Platforms Ireland Limited (MPIL) following an inquiry into the company’s handling of user passwords. This decision marks a significant development in the enforcement of the General Data Protection Regulation (GDPR), highlighting the importance of secure data handling…
In a move to reduce transportation costs and promote sustainable mobility, the Nigerian government, through the Presidential Compressed Natural Gas Initiative (PCNGi), is set to distribute 2,000 compressed natural gas (CNG)-powered tricycles to young people in the transportation sector. The distribution will commence on October 1st, 2024, in Abuja at…
The Africa Finance Corporation (AFC) will provide project development funding for Itana and plans to take the lead in financing the first phase of the Itana project, which has an estimated budget of approximately $100 million. Nigeria is taking a significant leap toward becoming a global technology hub with the…