1. Elon Musk’s xAI raises $6B from Valor, a16z, and Sequoia

Elon Musk’s AI startup, xAI, has raised $6 billion in a new funding round, it said today, as Musk shores up capital to aggressively compete with rivals including OpenAI, Microsoft, and Alphabet.. READ MORE»

2. Bolt introduces a bidding system for drivers and riders in Nigeria

Bolt has implemented a bidding system that allows drivers to negotiate prices with riders to incentivize drivers and increase riders’ chances of receiving rides during peak hours. This move is said to reflect inDrive’s customer-driver negotiation model as ride-hailing becomes more popular in the country. It also aims to encourage more ride drivers to take up gig work, as pricing has been a common issue for drivers.

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3. Hackers Using Greatness PaaS tool to Steal Microsoft 365 Login Credentials

Cybercriminals are using a new Phishing-as-a-Service (PaaS) tool called Greatness to steal Microsoft 365 login credentials.

First detected in 2022, Greatness allows attackers to bypass security measures and has been continuously updated with evasion tactics.

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4.OpenAI secures key partnership with Reddit

OpenAI has secured a deal to access real-time content from Reddit through the platform’s data API.

This allows OpenAI to incorporate conversations from Reddit into ChatGPT and other new products, echoing a previous agreement that the platform had with Google, reportedly valued at $60 million.

The partnership enables OpenAI to better sample the datasets on which their models are trained, allowing AI systems to become more precise and context-aware. For human communication and natural language processing, this means models like ChatGPT can stay continually updated with one of the vastest collections of public discourse available, enabling them to respond more effectively.. READ MORE» 

5. Canva Create: Work Redesigned

Canva’s latest update, “Work Redesigned,” is a game-changer! The new features are both innovative and incredibly user-friendly, making our workflow smoother and more efficient. The intuitive design and enhanced functionality truly cater to our creative needs, allowing us to produce high-quality content faster than ever before. The seamless collaboration tools have transformed our team dynamics, fostering greater creativity and productivity.. READ MORE»

6. Visa launches 2.5m grant competition for women business owners in Kenya

Digital payments firm Visa has launched its She’s Next global advocacy program in Kenya. She’s Next is part of Visa’s efforts to support the creation of an inclusive, equitable world where women business owners can flourish. It aims to support women-owned small businesses through funding, training, and mentorship… READ MORE»

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