📱Samsung Galaxy S25 series unveiled

Today’s Menu ☕️

📱Everything announced at Samsung Galaxy Unpacked 2025
🤖 US Tech Giants Unveil Ambitious $500 Billion AI Initiative
💸 PalmPay sets sights on Asian market expansion
📽️ Netflix Experiences Record Subscriber Growth: What It Means For The Streaming Industry
📱 Microsoft's LinkedIn sued for disclosing customer information to train AI models

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📱GADGETS & DEVICES

Everything announced at Samsung Galaxy Unpacked 2025

Alright, Samsung fans, buckle up because this year’s Samsung Galaxy Unpacked event was quite the experience. Samsung’s first Unpacked event of 2025 unveiled the highly anticipated Galaxy S25 series:

- Galaxy S25 Ultra, starting price = $1,300
- Galaxy S25+, starting price = $1,000
- Galaxy S25, starting price = $800

While the new phones may not boast drastically enhanced specs, they feature significantly more AI integration, tailored to be context-sensitive and predictive. This intelligent enhancement maximizes the efficiency of the mildly upgraded hardware......…continue reading

🤖 ARTIFICIAL INTELLIGENCE

US Tech Giants Unveil Ambitious $500 Billion AI Initiative

OpenAI is collaborating with Oracle and Softbank to establish data centers designed to support artificial intelligence (AI) initiatives, with an immediate investment commitment of $100 billion. During a press conference at the White House, US President Donald Trump, accompanied by the leaders of the three companies, described the initiative as a “resounding declaration of confidence in America’s potential.”

OpenAI has long advocated for substantial investments in infrastructure to bolster AI development and has sought government backing for these efforts. The creator of ChatGPT, along with Softbank, announced that their joint venture, named Stargate, plans to invest $500 billion over the next four years.

“This will be the most important project of this era,” stated Sam Altman, CEO of OpenAI. He acknowledged President Trump’s support, despite the project already being in progress, saying, “We wouldn’t be able to do this without you, Mr. President.” The initiative involves constructing AI infrastructure, including data centers, and is projected to create over 100,000 jobs, according to President Trump.....…continue reading

TRAININGS FROM TENTH CODE MEDIA

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👉🏽 Click here to register - (Starts 08 February 2025)

💸 FINTECH

PalmPay sets sights on Asian market expansion

PalmPay, a prominent Nigerian fintech company, is setting its sights on entering the high-stakes remittance market with plans to expand into Asia by 2025. The company is gearing up to venture into the cash transfer business, specifically targeting the Middle East and Southeast Asia.

Although the company is keeping specific details under wraps, Chika Nwosu, Managing Director of PalmPay, shared some insights during a media roundtable last week. “We’re heading to the Middle East and Southeast Asia and looking at other African countries too,” he stated. “We’re still in the research and planning phase, but if there’s an opportunity, we’re going for it.”

The remittance market is indeed a lucrative one. According to the World Bank, global remittances to low- and middle-income countries (LMICs) reached $685 billion in 2024, marking a 5.8% increase from the previous year. Asia, with its vast diaspora and rapidly growing economies, accounts for half of these remittances. Countries such as India, China, and Pakistan are at the forefront, with India alone receiving $129 billion last year.....…continue reading

☁️ CLOUD TECHNOLOGY

Microsoft loses exclusive cloud provider status for OpenAI

Microsoft was once the exclusive provider of data center infrastructure for OpenAI to train and run its AI models, but that exclusivity has ended.

Coinciding with the announcement of Stargate, OpenAI’s massive new AI infrastructure deal with SoftBank, Oracle, and other partners, Microsoft has revealed a new agreement with OpenAI. This agreement grants Microsoft the “right of first refusal” on new OpenAI cloud computing capacity. Essentially, this means that Microsoft will have the first opportunity to host OpenAI’s AI workloads in the cloud. However, if Microsoft is unable to meet OpenAI’s needs, OpenAI is free to seek services from rival cloud providers.....…..continue reading

📽️ VIDEO STREAMING

Netflix Experiences Record Subscriber Growth: What It Means For The Streaming Industry

This week, Netflix revealed a staggering quarterly report that revealed a record 18.9 million new members. The entertainment sector has been rocked by this extraordinary upsurge, solidifying Netflix’s position as the market leader in streaming services. Investor confidence in Netflix’s development trajectory was further reinforced by the announcement, which led to a notable 14% increase in the company’s premarket stock valuation....…..continue reading

📱SOCIAL MEDIA

Microsoft's LinkedIn sued for disclosing customer information to train AI models

Microsoft's LinkedIn has been sued by Premium customers who said the business-focused social media platform disclosed their private messages to third parties without permission to train generative artificial intelligence models.

According to a proposed class action filed on Tuesday night on behalf of millions of LinkedIn Premium customers, LinkedIn quietly introduced a privacy setting last August that let users enable or disable the sharing of their personal data.

Customers said LinkedIn then discreetly updated its privacy policy on Sept. 18, 2024 to say data could be used to train AI models, and in a "Frequently Asked Questions" hyperlink said opting out "does not affect training that has already taken place."...…..continue reading

OTHER STORIES

• NCC approves 10-year renewal of MTN Nigeria’s 800MHz spectrum license…….read more

• Apple update delivers Truecaller’s real-time caller ID and advanced spam blocking to iPhones………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

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