Traders work at the Nigerian Stock Exchange in Lagos

Equities opens on a bearish note, market capitalisation shed ₦26.5 billion

Trading at stock market was bearish yesterday as losses by 20 equities dragged the Nigerian Stock Exchange (NSE) All-Share Index by 0.21 per cent to close lower at 30, 609.06. Similarly, market capitalisation shed ₦26.5 billion to be at ₦11.18 trillion. The decline, which is contrary to a growth of 0.34 per cent last Friday, […]

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Google opens AI centre in China despite exclusion on internet search

Google announced Wednesday that it will open a new artificial intelligence research centre in Beijing, tapping China’s talent pool in the promising technology despite the US search giant’s exclusion from the country’s internet. Artificial intelligence, especially machine learning, has been an area of intense focus for American tech stalwarts Google, Microsoft and Facebook, and their […]

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To revolutionise Nigeria, companies need to leverage on AI

Artificial intelligence (AI) has come to stay. Just imagine that you can now monitor your company or factory real time in Kano, without leaving your executive chair in Lagos, Sunnews reporting. Another scenario is having visitors welcomed and attended to by a robot at the office front desk, or a situation where the human resources […]

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Jumia partners Facebook to help shoppers make orders with AI

Jumia has partnered Facebook Messenger to introduced Jumia bot, a tool that will help shoppers to make orders through an online conversation. Bots are virtual assistants that answer questions and help people get things done faster without needing to speak to another human. According to the e-commerce firm, the Jumia bot, developed by Facebook and […]

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Musk says Zuckerberg’s understanding about AI is limited

Silicon Valley baron Elon Musk insulted rival billionaire Mark Zuckerberg on Tuesday, escalating a tech wizard war of words over whether robots will become smart enough to kill their human creators. “His understanding of the subject is limited,” Musk said in a tweet about the Facebook Inc founder whose algorithms and other technology revolutionized social […]

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