OneUnited Bank, one of the nation’s largest Black-owned banks, is partnering with the credit-building platform Esusu to change the path to homeownership for renters during Financial Literacy Month. Esusu uses data to help improve users’ credit scores, allowing people to make it easier to get onto the housing ladder. “This alliance is all about empowering renters with the financial tools they need to turn their homeownership dreams into reality,” Teri Williams, President & COO of OneUnited Bank, said in a press release. OneUnited Bank’s collaboration with Esusu By reporting on-time rental payments, this
Everyone knows how grueling the tax filing process can be, so the accounting software company Open Ledger has launched a new product to make the process more fun. If you grew up loving Pokemon, PokéTax will make Tax Day feel like a breeze. Open Ledger launches PokéTax Open Ledger is the latest venture from Pryce Adade-Yebesi, the entrepreneur who previously co-founded Utopia Labs, a crypto invoicing startup that was recently sold to Coinbase. His new company, co-founded with Ashtyn Bell, builds embedded accounting tools for small businesses and recently raised $3 million
Krisp, a noise cancellation app, announced that it will launch an AI tool to convert a speaker’s accent to American English, starting with Indian accents. The company says the AI Accent Conversion will change a person’s accent with a 200ms latency, which Krisps calls “an imperceptible delay in conversations,” whilst maintaining the speaker’s voice, according to The Verge. The tool has already been trialed in enterprise environments, and a beta version will be available on the Krisp desktop app. Users can use the tool at any time during or before
Cassava Technologies, founded by Zimbabwean telecommunications mogul Strive Masiyiwa, is working with Nvidia to create Africa’s first artificial intelligence factory. The Pan-African company will install Nvidia’s modern computing and AI software at its data centers in South Africa by June 2025. It will do the same in other facilities in Egypt, Kenya, and Morocco. “Our AI factory provides the infrastructure for this innovation to scale, empowering African businesses, start-ups and researchers with access to cutting-edge AI infrastructure to turn their bold ideas into real-world breakthroughs and now they don’t have to look beyond
Kevin Hart is working with the Fifteen Percent Pledge to support Black founders using AI. The AI Illumination Grant will teach Black-owned entrepreneurs how to use AI to expand their businesses. The Fifteen Percent Pledge is partnering with Kevin Hart’s Hartbeat Ventures and Andreessen Horowitz’s (A16z) Cultural Leadership Fund to launch the grant, according to AFROTECH. “We know AI can seem intimidating, but these dynamic webinars will break it down and empower you to embrace this powerful technology with confidence,” the Fifteen Percent Pledge website says. The AI Illumination Grant Qualified
Over 400 Hollywood creatives, including actors and directors, have signed an open letter calling for the government not to scale back on copyright laws related to artificial intelligence. Variety reported that the list included names such as Ava Duvernay, Janelle Monáe, Michaela Coel, Ben Stiller, Mark Ruffalo, and hundreds of others. “We firmly believe that America’s global AI leadership must not come at the expense of our essential creative industries,” they said in the letter to the White House Office of Science and Technology Policy last week. Why are Hollywood
Anthropic has deleted commitments made during the Biden administration in 2023 to encourage safe and “trustworthy” AI, from its website according to The Midas Project. However, Jack Clark, co-founder of Anthropic, has since stated that the company still intends to honor its voluntary commitments. Biden-Era AI Policy Commitments In July of 2023, Anthropic and other companies like OpenAI, Google, Microsoft, and Meta agreed to comply with specific voluntary AI safety commitments suggested by the Biden administration. The initiatives included internal and external security tests of AI systems before release, investing
Microsoft has announced its plans to train one million people in digital skills through an Artificial Intelligence skilling initiative in South Africa. The initiative will give South Africans insight into the strategic aspects of AI whilst empowering leaders with the necessary tools and knowledge required to navigate the advancing AI landscape. “Harnessing the transformative power of artificial intelligence (AI) is no longer a futuristic vision, but a tangible reality for organisations seeking to achieve exponential growth and optimisation,” Lillian Barnard, President for Microsoft Africa, said in a press release. What
Hoan Ton-That, the CEO of Clearview AI, has decided to step down from his position, as reported by Forbes. The controversial facial recognition company received criticism in 2020 after gathering billions of images from social media without users’ consent to create a global facial recognition database. With Trump allies now leading Clearview, concerns are growing that a potential Trump administration could expand biometric surveillance, increasing risks for Black and immigrant communities. Clearview AI’s change in leadership Ton-That stepped down as CEO in December, becoming president before later announcing his full
Former Obama administration advisor DeJuana L. Thompson joins Akina Technologies PBC as its co-founder, alongside Lisa Green and Dr. Nashlie Sephus, according to a press release. The innovative platform gives users transformative AI solutions, resources, and a space for community. This new leadership appointment will allow Akina Technologies to expand and continue to change millions of lives while transforming the future of connection, visibility, and opportunity. What is Akina Technologies PBC? Akina Technologies PBC helps create the future of culturally competent generative AI solutions for underrepresented communities. Its two main products,
