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Generative AI Could Unlock $103 Billion Annually for Africa

A report by McKinsey highlights the potential of generative AI to add up to $103 billion annually to Africa's economy, with significant opportunities in sectors like retail, telecom, and banking.

May 17, 2025

U.S. Copyright Office Releases Final AI Report on Generative AI Training

The U.S. Copyright Office has released its final report on generative AI training, addressing copyright infringement and fair use concerns.

May 17, 2025

G42 and iGenius Partner to Build AI Supercomputer in Italy

G42 and iGenius have announced a partnership to develop a major AI supercomputer in Italy, with a $1 billion investment over five years.

May 17, 2025

Remark Holdings Partners with Google Public Sector for AI Projects in New York

Remark Holdings has announced a collaboration with Google Public Sector to implement advanced computer vision AI technology in New York State public sector projects.

May 17, 2025

GMI Cloud Relocates Headquarters to Mountain View

GMI Cloud has moved its headquarters from San Jose to Mountain View, California, to support its growing team and AI community, announced in a press release.

May 17, 2025

Alibaba's Qwen Releases Quantized AI Models on Hugging Face and ModelScope

Alibaba's Qwen has released quantized versions of its Qwen2.5-Omni-7B model on Hugging Face and ModelScope, enabling text and speech responses.

May 17, 2025

YUAN Introduces AI Robotics Platforms with NVIDIA Technology

YUAN has unveiled its Pandora NX Super and AIR NX Super platforms, powered by NVIDIA Jetson Orin, to enhance maritime safety, agricultural efficiency, and aerial inspections.

May 17, 2025

Anaqua Acquires RightHub to Expand IP Management Solutions

Anaqua has acquired RightHub, an AI-native platform, to enhance its IP management offerings and strengthen its presence in the UK, Sweden, and Denmark.

May 17, 2025

Philips Report Highlights AI's Potential in Healthcare Amid Trust Challenges

Royal Philips' Future Health Index 2025 report emphasizes AI's transformative potential in healthcare, while highlighting trust gaps among clinicians and patients as a barrier to adoption.

May 17, 2025

OpenAI Introduces Codex for Software Engineering

OpenAI has launched Codex, a cloud-based software engineering agent, available to ChatGPT Pro, Team, and Enterprise users. Codex can perform tasks like writing code, fixing bugs, and running tests in parallel.

May 16, 2025

A100x Launches $50 Million Fund for AI and Blockchain Startups

A100x has announced a $50 million fund to support early-stage companies in AI, digital assets, and blockchain, according to a press release.

May 16, 2025

Cerebras Systems Launches Qwen3-32B for Real-Time AI Inference

Cerebras Systems has introduced the Qwen3-32B model on its inference platform, offering real-time AI reasoning at unprecedented speeds.

May 16, 2025

Oracle, Cleveland Clinic, and G42 Launch AI Healthcare Platform

Oracle, Cleveland Clinic, and G42 have announced a strategic partnership to develop an AI-based global healthcare delivery platform, aiming to enhance patient care and public health management.

May 16, 2025

Brainomix Validates e-Lung Technology for Pulmonary Fibrosis

Brainomix has presented new studies validating its e-Lung technology for identifying progressive pulmonary fibrosis, in collaboration with Boehringer Ingelheim.

May 16, 2025

AKOOL Unveils AI Avatars at AWS Summit India

AKOOL has partnered with Amazon Web Services to showcase AI-powered avatars at the AWS Summit India, demonstrating integration with AWS Bedrock LLM Generative AI infrastructure.

May 16, 2025

CrediLinq Secures $8.5M Series A for B2B Embedded Finance Expansion

CrediLinq has raised $8.5 million in a Series A funding round led by OM/VC and MS&AD Ventures to expand its AI-powered embedded finance solutions globally.

May 16, 2025

xAI Addresses Grok Chatbot's Unauthorized Modification Incident

xAI has identified an unauthorized modification to its Grok chatbot, which led to controversial responses about 'white genocide' on X. The company is implementing measures to prevent future incidents.

May 16, 2025

Google Leads in AI Patent Filings, Surpassing IBM

Google has overtaken IBM to become the leader in generative AI-related patents, according to data from IFI Claims. The company also leads in agentic AI patent filings.

May 16, 2025

BDO South Africa Partners with MindBridge for AI-Driven Audit Insights

BDO South Africa has partnered with MindBridge to enhance audit quality using AI-driven insights, according to a press release.

May 16, 2025

1848 Ventures Acquires Luminest to Boost AI-Powered SaaS Strategy

1848 Ventures has acquired Luminest, marking a strategic shift from venture creation to acceleration, as announced in a press release. This acquisition integrates Luminest's AI technology and talent into 1848 Ventures' operations.

May 16, 2025

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