In partnership with |  |
| | | | | | Today's Menu ☕️
🤖 Move Over ChatGPT, Gemini – Welcome DeepSeek
🎮 Playstation New Year Deals Extends Period
💳 KCB Bank and Mastercard launch Kenya's first multi-currency prepaid card to enhance financial transactions
📱Blue Label Telecoms set to take control of Cell C following Icasa's approval of license transfer
📺 Naspers CEO seeks acquisition opportunities with $20 billion to invest
📡 Starlink rises to Kenya's 8th largest ISP amid increasing regulatory scrutiny |
| |
| | |
| | | | | If you haven't subscribed, join over 7,000 people curious about Innovation, New Products, New Technologies in Africa. | |
| |
| | |
| | | | | 🤖 ARTIFICIAL INTELLIGENCE | Move Over ChatGPT, Gemini – Welcome DeepSeek | | The artificial intelligence race is witnessing a seismic shift as DeepSeek, a relatively new entrant from China, takes the global stage, challenging established giants like OpenAI's ChatGPT and Google's Gemini. DeepSeek's rise is not just about its cutting-edge technology but also its groundbreaking efficiency and unique approach to AI development. With a research-first ethos and cost-effective ingenuity, DeepSeek is forcing the AI industry to rethink its strategies. | Founded by hedge fund manager Liang Wenfeng, DeepSeek has quickly gained global attention by releasing models that rival or surpass those of its Western competitors. Its R1 and R1-Lite models nearly matched OpenAI's o1-preview, and its latest DeepSeek-V3 has outperformed leading commercial AI systems in benchmark tests, all while operating on a fraction of the budget. | Unlike OpenAI and Google, which closely guard their methods, DeepSeek released a detailed paper explaining how its R1 model was built. This transparency sparked debates in Silicon Valley about whether well-funded American AI companies can maintain their edge against a startup with such efficient practices. Industry leaders, including Meta CEO Mark Zuckerberg, have reportedly expressed concerns about DeepSeek's speed and cost-effectiveness.......…continue reading |
| |
| | |
| | | | | TRAININGS FROM TENTH CODE MEDIA | | Data is the lifeblood of modern organizations, driving decisions, strategies, and innovation. Come explore the fundamentals of data analytics, equipping you with the knowledge and tools to derive insights, solve problems, and support informed decision-making. | 👉🏽 Click here to register - (Starts 08 February 2025) |
| |
| | |
| | | | | 🎮 GAMING | Playstation New Year Deals Extends Period | | Gamers, rejoice! PlayStation has announced an extension of its wildly popular New Year Deals on the PlayStation Store. Originally set to wrap up earlier this month, the PlayStation New Year Deals extension gives players even more time to take advantage of massive discounts on blockbuster titles, indie gems, and additional content. If you missed the initial wave, now is the perfect opportunity to jump in and snag some amazing deals. | The New Year Deals campaign includes a treasure trove of discounted games for PlayStation 5 and PlayStation 4 owners. This isn't your run-of-the-mill sale—some of the year's biggest and most celebrated titles are up for grabs at significantly reduced prices. | Initially set to end mid-January, the New Year's Deals promotion has now been extended through January 31. This extension is a welcome surprise for many, as the extra time allows gamers to browse the extensive catalog and make thoughtful purchases without feeling rushed.......…continue reading |
| |
| | |
| | | | | 💳 PAYMENTS | KCB Bank and Mastercard launch Kenya's first multi-currency prepaid card to enhance financial transactions | | KCB Bank has teamed up with Mastercard to launch Kenya's first multi-currency prepaid card, which supports transactions in 11 different currencies. This innovative card is designed to enhance spending control through its prepaid feature and offers real-time currency conversion, making it a significant advancement in Kenya's financial technology landscape. | The multi-currency prepaid card allows users to manage multiple currencies within a single account, facilitating seamless travel, eCommerce, and business transactions. By minimizing reliance on traditional currency exchange services, it provides a streamlined solution for individuals navigating the complexities of international payments. | The card supports a diverse range of currencies, including the Kenyan Shilling, US Dollar, British Pound Sterling, Euro, Swiss Franc, Australian Dollar, Canadian Dollar, Indian Rupee, Japanese Yen, South African Rand, and Chinese Yuan. This comprehensive selection caters to both regional and global financial needs, making it a versatile tool for users.......…..continue reading |
| |
| | |
| This isn't traditional business news | | Welcome to Morning Brew—the free newsletter designed to keep you in the know on the business news impacting your career, company, and life—in a way you didn't know you needed. | Note: this isn't traditional business news. Morning Brew's approach cuts through the noise and bore of classic business media, opting for short writeups, witty jokes, and above all—presenting the facts. | Save time, actually enjoy business news, and join over 4 million professionals reading daily. | Check it out | | | | | 📱TELECOMS | Blue Label Telecoms set to take control of Cell C following Icasa's approval of license transfer | | Blue Label Telecoms is poised to officially take control of Cell C, a telecommunications operator in South Africa, following the approval from the communications regulator, ICASA, for the transfer of the mobile operator's spectrum and network licenses. This marks a significant milestone for Blue Label, which currently holds a 49.5% stake in Cell C and has been actively working to revitalize the struggling company. | The approval of the license transfer has generated considerable buzz in the market, leading to a notable surge in Blue Label's share price, which recently reached a 52-week high of R6.20 per share on Thursday—an impressive 71% increase over the past year. Investors appear to be optimistic that a turnaround for Cell C could provide the much-needed boost for Blue Label.....…..continue reading |
| |
| | |
| | | | | 📺 MEDIA | Naspers CEO seeks acquisition opportunities with $20 billion to invest |  | Fabricio Bloisi |
| Prosus and Naspers CEO Fabricio Bloisi stated that the technology investor has close to US$20 billion (R371 billion) available for investment and is prepared to expand in Europe. Bloisi oversees both Amsterdam-based Prosus and Naspers, its South African parent company. These companies already have significant investments in European firms, such as Germany's Delivery Hero. However, most of their recent deals have been in higher-growth markets, including a listing in India and a $1.7-billion acquisition of a travel agency in Brazil. | "We need to invest significantly more in Europe to make it competitive and not depend on external players," Bloisi remarked during an interview at the World Economic Forum on Thursday. "Our ecosystem in Europe is ready to expand, and we are prepared to invest."....…..continue reading |
| |
| | |
| | | | | OTHER STORIES | Starlink rises to Kenya's 8th largest ISP amid increasing regulatory scrutiny…..read more Nigerian fintech startup Accrue secures $1.58 million in seed funding…….read more Are EA's Falling Revenues Because of a Terrible EAFC?………read more You Can Play as Godzilla in Fortnite Chapter 6 Season 1……read more
|
| |
| | |
| | | | | OPPORTUNITIES | Applications are now open for the Women Techsters Fellowship Programme, a free, one-year initiative designed to equip young girls and women with high-demand technology skills. Deadline = 31st January 2025……..continue reading The Lagos State Science Research and Innovation Council (LASRIC) calls on bold thinkers and trailblazers to apply for funding and support under its 2024 Innovation Initiative. Deadline = 31st January 2025…..continue reading Global payment card network Visa has announced the opening of applications for the fourth edition of its biannual Africa Fintech Accelerator. Deadline = 15th March 2025…….continue reading Applications are now open for the Timbuktoo MineTech Accelerator programme, a groundbreaking initiative by the Timbuktoo MineTech Hub aimed at driving innovation in mining technology, empowering startups, and scaling transformative technologies within the African mining sector. Deadline = 13th February 2025…..continue reading
|
| |
| | |
| | Did you enjoy this newsletter? Then why don't you forward the newsletter to at least 5 friends to read and subscribe. We'd love to have them aboard too. | Remember that over 7,000 people receive weekly. You can take advantage of this reach by advertising here. | You can reply to this email and send us your news tips, titbits. | Rowland Osahon
Innovation Village |
|
No comments:
Post a Comment