💰Sundar Pichai $120m AI Fund | 📱TikTok expands paid subscriptions

Today’s Menu ☕️

🤖 Sundar Pichai Announces $120m AI Opportunity Fund at UN Summit, Emphasizes Inclusive AI Future
👨🏻‍🏫 Morrocan Kwiks Secures $827k to Revolutionize Recruitment with AI
📱TikTok expands its paid subscriptions to more creators
💰 Agent Banking Company Secures Investment to Advance Financial Inclusion in Uganda
🪙 131 Million Players Eligible for Hamster Kombat’s Airdrop After Season 1 Completion

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🤖 ARTIFICIAL INTELLIGENCE

Sundar Pichai Announces $120m AI Opportunity Fund at UN Summit, Emphasizes Inclusive AI Future

At the ongoing UN Summit of the Future, Sundar Pichai, CEO of Google, delivered a compelling speech outlining the profound impact of Artificial Intelligence (AI) on humanity’s progress. In his address, Pichai emphasized AI’s transformative potential, aligning it with the United Nations’ Sustainable Development Goals (SDGs), while also announcing a groundbreaking $120 million Global AI Opportunity Fund to democratize access to AI education and skills.

The fund aims to provide AI education and training in local languages to communities worldwide, partnering with nonprofits and NGOs. This initiative is part of Google’s broader Grow with Google program, which has already trained 100 million people globally in digital skills...…....continue reading

👨🏻‍🏫 RECRUITMENT

Morrocan Kwiks Secures $827k to Revolutionize Recruitment with AI

Moroccan recruitment platform Kwiks has announced a successful fundraising of MAD 8 million ($827,000) from Azur Innovation Management (AIM). This marks a significant milestone for the company, which connects businesses with top freelance headhunters and aims to reshape the recruitment landscape.

The newly raised capital will support Kwiks in advancing its AI-driven recruitment solutions. The company plans to streamline the hiring process, allowing companies to find and hire talent more quickly and efficiently compared to traditional methods....…....continue reading

💰 FUNDING

Agent Banking Company Secures Investment to Advance Financial Inclusion in Uganda

Agent Banking Company of Uganda, Ltd (ABC) has secured an undisclosed investment from Goodwell Investments, a leading impact investor focused on promoting inclusive growth in emerging markets. This technology-driven financial services firm is dedicated to enhancing lives by facilitating access to quality and affordable financial services for all Ugandans.

The investment is part of Goodwell’s uMunthu II fund, which is valued at EUR 150 million and aims to provide venture capital to impact-driven businesses across Africa. With this funding, Agent Banking Company plans to pursue ambitious growth targets, including expanding its client base, increasing agent coverage, and launching new services. This marks Goodwell’s first foray into the Ugandan market, although the firm is well-acquainted with the financial inclusion sector through its previous initiatives across the continent. farmers, reflecting OCP’s commitment to sustainability and food security in Africa..…....continue reading

🪙 CRYPTOCURRENCY

131 Million Players Eligible for Hamster Kombat’s Airdrop After Season 1 Completion

Hamster Kombat, a fast-growing tap-to-earn (T2E) game on Telegram, has announced that 131 million players are eligible for its first major airdrop. The game, which saw over 300 million active players between March and September 2024, disqualified millions of participants for violating rules, leaving a reduced but still significant number eligible for the token rewards.

Initially, Hamster Kombat promised rewards to all players who participated in daily tasks and challenges. However, due to rising concerns over fraud and cheating, the game’s developers introduced anti-cheating measures. This led to the banning of 2.3 million players who were found exploiting the system........continue reading

📱SOCIAL MEDIA

TikTok expands its paid subscriptions to more creators

Earlier this year, TikTok announced plans to redesign and broaden the scope of its LIVE Subscription feature, allowing even creators who don’t utilize live streaming to benefit from it. The company announced that this enhanced Subscription feature is now rolling out to eligible creators in select regions such as Brazil, France, Germany, Spain, the UK, Indonesia, Italy, Japan, South Korea, and the U.S. , with further expansion planned in the upcoming weeks.

The Subscription feature enables creators to offer their most dedicated followers exclusive access to a variety of perks, unique experiences, and a members-only community for a monthly fee. By leveraging the genuine connections they have already established, creators can cultivate an exclusive environment that encourages deeper engagement and interaction with their audience. This premium offering not only strengthens community ties but also provides creators with the opportunity to boost their earnings on TikTok.

To access this feature, creators must be at least 18 years old, maintain an account in good standing, and meet specific criteria, including having a minimum of 10,000 followers and 100,000 video views in the last month, or fulfilling certain eligibility requirements for LIVE.......continue reading

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