ChatGPT introduces Memory feature 🤖| Nigeria/World Bank to Spearhead $3bn Broadband project 🛜

In today’s menu 🥘

🤖 Enhancing Conversations: ChatGPT Introduces Memory Feature for Personalized User Experience
🛜 Nigeria and World Bank Collaborate to Spearhead $3 Billion Project for Broadband Expansion
🏦 Vodacom ordered to pay a minimum of R29 billion to Kenneth Makate, creator of “Please Call Me”

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🛜 BROADBAND CONNECTIVITY

Nigeria and World Bank Collaborate to Spearhead $3 Billion Project for Broadband Expansion

The Federal Government of Nigeria and the World Bank are joining forces to secure $3 billion in funding for the ambitious project of laying an additional 120,000km of fibre optic cables. The aim is to enhance broadband infrastructure and connectivity throughout Nigeria. The Minister of Communications, Innovations, and Digital Economy, Dr. Bosun Tijani, unveiled this initiative during a stakeholders’ engagement event in Abuja themed “Realising a Nigerian Vision of Broadband for All.”

Dr. Tijani expressed optimism that the funds for the project would be raised within the next two to three years. The collaboration involves various stakeholders from the private sector, and the goal is to deliver the project over the next three years. The minister stressed the necessity of seeking investments in the nation’s digital backbone to ensure affordable access to the digital space for all Nigerians

Nigeria has currently laid 3,035km of fiber optic cables. However, to provide Nigerians with quality and efficient access to the internet and other digital services, an additional 120,000km of fiber optic cables is deemed necessary

Mr. Franz Drees-Gross, the World Bank Regional Director (Infrastructure) West and Central Africa, outlined the initial phase of the project, which involves laying 95,000km of fiber optic cables across Nigeria. This significant development is expected to enhance access to digital services and content throughout the country. Mr. Drees-Gross acknowledged Nigeria’s vibrant digital ecosystem and expressed the World Bank’s commitment to supporting the country in raising the required funds for this transformative project. Plans include setting up a digital National Broadband fund and rolling out the middle-mile cable to bring broadband to more parts of Nigeria............continue reading

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🤖 ARTIFICIAL INTELLIGENCE

Enhancing Conversations: ChatGPT Introduces Memory Feature for Personalized User Experience

In a recent update, ChatGPT has unveiled a new feature – Memory. This new capability allows users to make conversations more seamless and tailored to their preferences.

How Memory works: As users engage with ChatGPT, they can now instruct it to remember specific details from their conversations, enabling more personalized and context-aware responses. The system learns and retains information, improving its performance over time. For instance, if a user expresses a preference for specific meeting note formats or mentions owning a coffee shop, ChatGPT remembers these details. This memory empowers the AI to provide more relevant and customized assistance.

The memory feature is rolled out to a select group of free and Plus users initially..........continue reading

📲 TELECOMS

Vodacom ordered to pay a minimum of R29 billion to Kenneth Makate, creator of “Please Call Me”

The Supreme Court of Appeal in South Africa has ordered Vodacom to pay Kenneth Nkosana Makate a sum between R28.99 billion and R55.37 billion for his Please Call Me concept, according to court documents observed by MyBroadband.

The amount is considerably higher than previous assumptions derived from Makate’s initial statements and High Court submissions. According to the Supreme Court’s ruling, Makate is entitled to receive 5%–7.5% of the total revenue from the Please Call Me product dating from March 2001 to the judgment date..........continue reading

OTHER STORIES

• The Pan African Payment and Settlement System (PAPSS) under Afrieximbank has broadened its footprint to North Africa, with the Banque Centrale de Tunisie (BCT) becoming the thirteenth member of the regional payments platform…..read more

• Yellow Card, one of the continent’s largest licensed stablecoin on/off ramp, is set to introduce USDC, a digital stablecoin on the Stellar network.….read more

• Nigeria reverses decision to tax content creators…read more