Last Month, Techeconomy reported Elon Musk’s artificial intelligence platform, xAI, was raising a $6 billion Series B funding round, at an $18 billion valuation, one of the largest in the growing AI industry. Elon Musk’s AI startup, xAI, has successfully raised $6 billion in a Series B funding round, marking the largest AI funding to date. This […]
PwC Signs Deal with OpenAI, Becoming Largest Customer and First Reseller of Enterprise ChatGPT Accounting giant PwC has entered into an agreement with AI startup OpenAI, establishing itself as the largest customer and first reseller of OpenAI’s enterprise-focused ChatGPT product. This partnership aims to enhance how businesses approach artificial intelligence (AI) and integrate it into […]
Infinix, a trendy tech brand designed for young consumers, continues to make significant strides in mobile gaming. Its latest release, the Infinix GT 20 Pro, sets a new standard in the industry. This flagship device, part of the Infinix GT Verse, offers an unparalleled gaming experience with its innovative dual chips. It is the first […]
The University of Lagos (UNILAG), DaySpring School, and Marvelvine Montessori School, all based in Lagos, have emerged as winners in the tertiary, secondary, and primary school categories respectively at the 2024 Ecobank National Schools’ Team Chess Competition. The event, held at the Pan African Centre in Lagos, showcased a remarkable assembly of talent. Overview of […]
In its ongoing effort to transform Nigeria into a globally recognized hub of technology and innovation, the National Information Technology Development Agency (NITDA) is set to collaborate with relevant organizations to effectively cascade the benefits of digital technology to all local governments across the country. Collaboration and Vision Kashifu Inuwa, the NITDA Director General, disclosed […]
A monumental summit has catalyzed a significant financial injection of $2.2 billion aimed at enhancing access to clean cooking solutions across Africa. This substantial commitment underscores a pivotal moment in addressing the pressing issue of clean cooking access on the continent. UNPRECEDENTED FINANCIAL MOBILIZATION The summit witnessed an unprecedented mobilization of $2.2 billion, signifying a […]
TRANSCORP GROUP’S REMARKABLE GROWTH Tony Elumelu, Chairman of Heirs Holdings, celebrated Transcorp Group’s outstanding performance at its 18th Annual General Meeting. Despite a challenging business environment, the combined market capitalization of Transcorp Group on the Nigerian Exchange surged from N114 billion to over N4.4 trillion. Elumelu attributed this remarkable growth to the company’s strong corporate […]
African Ministers of Education, with support from the Global Coalition on Foundational Learning, have showcased a growing commitment from African policymakers and Heads of State to address the learning crisis. This initiative follows the recent announcement by His Excellency Mr. Hakainde Hichelema, President of Zambia, accepting an invitation to become the Champion of Foundational Learning […]
The .ng domain name, Nigeria’s internet country code top-level domain (ccTLD), has been increasingly popular for websites and email addresses. Mr. Adesola Akinsanya, president of the Nigeria Internet Registration Association (NiRA), mentioned this in his message to stakeholders during the association’s 16th Annual General Meeting (AGM) held recently in Lagos, both physically and virtually. In […]
Amidst the harsh economic conditions faced by Nigerians, Ikeja Electric has announced new meter prices, according to Techeconomy. On Monday, Ikeja Electric disclosed six organizations where various meter capacities at different prices can be procured. According to the Electricity Distribution Company (DisCo), the prices are as follows: 1-Phase (Smart Meter-PLC): ₦112,853.50 3-Phase (Smart Meter-PLC): ₦214,403.38 […]
