👨🏽‍💼CBN to permit fintechs' new customers onboarding soon | 🧠 2nd human Neuralink patient

Today’s Menu ☕️

👨🏽‍💼 CBN to allow mobile money operators, fintechs resume onboarding new customers soon 
🧠 Elon Musk’s Neuralink gets FDA approval for 2nd patient
💻 Microsoft unveils Copilot+ PCs with AI-ready capabilities

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👨🏽‍💼 REGULATION

CBN to allow mobile money operators, fintechs resume onboarding new customers soon

The Central Bank of Nigeria (CBN) has announced that mobile money operators, including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint, will be allowed to resume onboarding new customers "in another couple of months." The apex bank had suspended new customer enrolments in April 2024. 

CBN Governor, Olayemi Cardoso, made this announcement during the bank's 295th Monetary Policy Committee (MPC) meeting in Abuja.

Cardoso emphasized that the apex bank has engaged with numerous sector players to highlight the importance of strengthening their operations.

To combat money laundering and illicit financial flows, Cardoso explained that the apex bank has implemented “remedial measures that will help the sector tighten up on onboarding and manage their existing clientele base.”.......continue reading

🧠 HEALTHTECH

Elon Musk’s Neuralink gets FDA approval for 2nd patient

The U.S. Food and Drug Administration (FDA) has granted Neuralink, Elon Musk’s brain-machine interface company, approval to implant its brain chip in a second human subject. This decision follows adjustments made to address issues encountered with the first participant, Noland Arbaugh, who shared his transformative yet challenging experience with the device.

Noland Arbaugh, a quadriplegic, received the Neuralink implant in January. Initially, the device allowed him to control a computer cursor with his thoughts, enabling him to communicate and engage in activities he had been unable to do for years. This newfound ability brought immense joy and a sense of independence. However, after a month, the device’s effectiveness diminished as most of the implanted threads in his brain loosened, failing to transmit the necessary electrical signals......continue reading

💻 PERSONAL COMPUTERS

Microsoft unveils Copilot+ PCs with AI-ready capabilities

On Monday, Microsoft revolutionized the PC industry with the unveiling of “AI PCs,” a groundbreaking new category set to transform the way we work, create, and interact with technology. This innovative shift in personal computing empowers users with cutting-edge artificial intelligence (AI) advancements.

At a packed event in Seattle, Microsoft CEO Satya Nadella introduced the AI PC as a “game-changer” for the industry, declaring, “We’re not just talking about a new device – we’re talking about a new era of productivity and innovation.” Dubbed “Copilot Plus,” these PCs boast the fastest and most AI-ready Windows experience ever built.

So, what makes Copilot Plus PCs special? They come equipped with AI tools built directly into the Windows operating system, providing access to powerful features like natural language processing, machine learning, and computer vision. Additionally, features like live translation, image generation, and advanced chat capabilities eliminate the need for clicks and drop-down menus.....……continue reading