Social media giant Facebook is on a mission to create some of the most innovative forms of technology in society today. The platform recently announced the launch of its new AI translator, No Language Left Behind (NLLB-200), the first multilingual machine that can translate up to 200 languages without relying on English data. The NLLB-200 aims to help people better connect in society today by eliminating the language barrier. Meta’s AI model uses one of the world’s fastest AI supercomputers and is already used to translate content on Facebook and Wikipedia.
Kenyan and Canadian-based solar energy platform, Solar Panda, has raised $8 million in Series A funding. The funding round was led by investors Oikocredit and Electrification Financing Initiative. The pay-as-you-go solar home system was founded by Andy Keith in 2016, to help provide clean, affordable solar energy to rural communities in Africa. The platform has already provided more than 200,000 solar home systems to households across Kenya from its 37 retail branches. “We are excited to partner with leading global impact investors Oikocredit and EDFI ElectriFI and thankful that this
Tennis legend Serena Williams has been announced as the keynote speaker for the Black Tech Week Conference, scheduled to take place in Cincinnati, OH, July 18-22. Black Tech Week, founded by Felecia Hatcher and Derick Pearson in 2016, is a minority-centered ecosystem-building festival that partners with founders, corporations, and the community to create a valuable experience for all investors, entrepreneurs, and techies of all kinds to enjoy. The event is committed to bringing Black tech founders, influencers, and innovators together to create memorable experiences centered around Black culture and inclusive
Changing the continent’s narrative will entail solving old problems while also harnessing the power of new technologies, says Akintoye Akindele, a serial entrepreneur and investor on a mission to build a new Africa. Akindele is also the chairman of Platform Capital, a venture capital outfit that invests in tech companies across the world, but mostly in Africa. In May 2022, Platform Capital announced an investment in Zuri Health, a company that connects patients with affordable healthcare services via SMS, WhatsApp, and a dedicated app. Speaking ahead of receiving the African
The Google for Startups Latino Founders Fund is a $5 million fund that provides promising U.S. Latinx-led startups non-equity cash awards to help fuel their businesses. Google announced the fund last year as part of its $15 million commitment to economic equity for Latinx people in the U.S. Across the country, 50 founders will each receive $100,000 in cash to help grow their business. They’ll also receive hands-on support from Google employees across the company, $100,000 in Google Cloud credits, and access to therapy to support founders emotionally and professionally.
Earlier this year, on February 13th, Sporting Lagos FC played its first-ever football match, which ended in a draw. The club, which currently plays in the Nigerian National League, the country’s second tier, is the brainchild of Shola Akinlade, co-founder and CEO of financial technology company Paystack, which he says was acquired for more than $200 million in 2020 by Irish American financial services company Stripe. Akinlade says he intends for Sporting Lagos to be a platform for community development and social change. But managing a football club in Nigeria is often
Public protests demanding justice for Black people killed by police have brought a reckoning to the business world, with executives forced to resign, companies overhauling internal policies, and employees quitting in protest. For the tech industry, this reckoning has been going on in some form since 2014. The industry, which prides itself on agility, had previously failed to move the needle on workplace diversity and take complaints seriously. While there’s been an improvement over the years, some may argue it’s still failing to take robust action. In October 2019, Pinterest, a giant in the sector,
Joelle Mbatchou, one of a few dozen people of color to make MIT’s Innovators Under 35 list this year, has done what some may describe as exceptional work over the years in the AI space. The 32-year-old has developed a machine-learning model called Regenie that makes analyzing the data quicker and cheaper while reducing the amount of computing power required. The method could allow researchers to identify genetic variants associated with specific diseases more easily. “With the increasing number of collaborations being established across large biobanks, many of them involving individuals
Sexual harassment, bullying, and racist stereotyping are common in the technology industry, creating a culture that drives underrepresented employees out of their jobs. This is something we’ve known for a while due to the extensive studies and investigations. A 2017 survey of more than 2,000 people who left tech jobs in the last three years found that 1 in 10 women in tech experience unwanted sexual attention, and nearly 1 in 4 people of color face stereotyping. The same year the study was published, Qichen Zhang quit her job at
Instagram has partnered with Brooklyn Museum and writer Antwaun Sargent to debut this year’s #BlackVisionaries program. The initiative, designed to help invest in and support Black talent, will include a grant of $650,000. The support program, co-founded by the social media giant, writer Antwaun Sargent and the Brooklyn Museum in 2021, is designed to help uplift and champion underrepresented voices within the creative industry. Last year, five Black designers and Black-led small design businesses were awarded $205,000 in grants last year. The funding allowed each participant to pursue their biggest
