Brazil’s government is hiring OpenAI to speed up the screening and analysis of thousands of lawsuits using AI to avoid costly court losses, according to Reuters. Court-ordered debt payments have consumed a growing share of Brazil’s federal budget. Their government estimated it would spend 70.7 billion reais ($13.2 billion) next year on judicial decisions it can no longer appeal. That figure does not include small-value claims, meaning the combined account of over 100 billion reais represents a sharp increase from 37.3 billion reais in 2015. How Will It Work? The
Pariti, a platform dedicated to creating economic opportunities through entrepreneurship, has partnered with NVIDIA. This collaboration aims to train over 2,000 developers across the African continent in deep learning through the NVIDIA Deep Learning Institute (DLI). Training Over 2,000 Developers in Africa Pariti’s educational series, in partnership with NVIDIA, will leverage the NVIDIA DLI to provide intensive artificial intelligence and machine learning (AI/ML) training to over 2,000 developers. These sessions will cover NVIDIA’s AI/ML stack and culminate in free certification for participants. The initiative primarily targets university students from Kenya,
17-year-old Emmanuela Ilok from Nigeria has been awarded full scholarships to study software engineering at some of the world’s most prestigious institutions, including Stanford, MIT, Yale, UPenn, Princeton, and Columbia. Academic Excellence and International Recognition Ilok’s journey to securing these scholarships began with her performance in the International General Certificate of Secondary Education (IGCSE) in Nigeria, where she was recognized as the top performer by the British Council, according to Punchng. Ilok’s mind led her to develop software that employs Machine Learning algorithms to detect breast cancer in women, achieving
Crunchbase has announced the expansion of its Diversity Spotlight feature to include companies in Europe. This expansion will allow up to one million additional companies on Crunchbase to add Diversity Spotlight tags to their profiles, enhancing the visibility of diverse founders and investors across the continent. Crunchbase’s Diversity Spotlight Crunchbase introduced its Diversity Spotlight feature in 2020 to centralize and highlight data about companies with diverse leadership and the investors who fund them. This feature indicates diversity in an organization’s leadership team, including founders and CEOs for startups and managing
Prósperos has successfully raised $3 million in seed funding to advance its mission of empowering Latine communities through innovative financial solutions. This funding round saw investments from FEBE Ventures, BAT VC, Tekton Ventures, and Courtyard Ventures, among others. Revolutionizing Financial Services For Latine Communities Founded in 2023 by Vinay Pai and Salvador Chavez, Prósperos aims to transform the financial landscape for Latine communities in the USA and Latin America. The Prósperos platform provides two bank accounts and cards: one for the account holder in the USA and another for their
South African startup Vambo AI is empowering users to use advanced AI in their native tongues. In April 2023, Chido Dzinotyiwei and Isheanesu Misi founded Vambo AI to create AI that “understands the languages of people in the rest of the world”. Its platform currently supports 11 African languages. “The reason why most of the world has not used AI – or explored its revolutionary power for education, economic empowerment, and more – is because it is not built in languages they understand,” Dzinotyiwei said, according to Disrupt Africa. A
Microsoft Corp. and G42, a leading artificial intelligence firm from the United Arab Emirates, have unveiled plans to build a $1 billion geothermal-powered data center in Kenya. This project marks the initial phase of a multiyear strategy to boost cloud-computing capacity in East Africa. Harnessing Geothermal Energy for Sustainable Development The data center will be constructed in Olkaria, an area rich in geothermal resources, making it an ideal location for a sustainable energy project. G42 will lead the initial investment and oversee the facility’s construction. In its first phase, it
Google has announced the construction of Umoja, the first-ever fiber optic cable to link Africa with Australia directly. This initiative, named after the Swahili word for “unity,” aims to boost the reliability and reach of digital infrastructure across the continents. The Umoja cable The Umoja cable will begin in Kenya and traverse Uganda, Rwanda, the Democratic Republic of the Congo, Zambia, Zimbabwe, and South Africa, including the Google Cloud region, before crossing the Indian Ocean to Australia. According to Google’s press release, the terrestrial segment of the route has already been completed in collaboration with Liquid
Kenyan President William Ruto made Atlanta his first stop during his official state visit to the United States, focusing on advancing science, technology, engineering, and math (STEM) education. During his visit to Spelman College, a historically Black college for women, Ruto signed a framework agreement to establish educational exchanges between Kenyan universities and Historically Black Colleges and Universities (HBCUs) in the US. Boosting STEM Education The agreement, signed by representatives from Spelman and Morehouse Colleges, Clark Atlanta University, and Howard University, aims to enhance STEM education in both countries. “We
OpenseedVC has reached the first close of its $10 million fund for operator-led startups in Africa and Europe. Founded by former Octopus Ventures and Oxford Seed Fund investor Maria Rotilu, OpenseedVC is a new solo General Partner (GP) that aims to be the first check for startups. OpenSeedVC: Filling a Crucial Funding Gap According to Sifted, Rotilu is Europe’s first Black solo GP and one of the first female solo GPs in the region. Rotilu’s strategy with OpenseedVC is to back startups even earlier than the pre-seed stage, at a
