A venture capitalist says emerging markets, particularly India, are becoming hubs for Web3 development due to attractive funding, talent, and ecosystems. India: Go-to Place for Recruiting Web3 Companies According to Tak Lee, CEO of Hashed Emergent, the declining share of Web3 development activity in North America and Europe is being offset by a surge in […]
KIVA AI Secures $7M to Transform AI Development With Enhanced Human Feedback Operations
PRESS RELEASE. KIVA AI, a promising new platform dedicated to advancing AI technology through improved data curation and human feedback, has successfully raised $ 7 million in a funding round led by Brooklyn-based Web3 investor CoinFund. The round attracted participation from a lengthy and diverse range of funds and family offices including Paper Ventures, …
Nigeria to Launch $1.5M Initiative to Boost AI Development
Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has announced a $ 1.5 million initiative to boost the country’s Artificial Intelligence (AI) development. This fund, supported by Luminate, a global foundation, will be launched on Oct. 7 in Abuja. The move came after the Ministry launched a $ 61,780 AI Fund …
Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies
New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot or development stages. Every G20 nation is engaged in CBDC efforts, with notable leaders such as China and the European nations pushing forward. The U.S. remains lagging behind Europe and […]
US and Africa Urged to Collaborate on AI Development
A two-day pan-African AI conference was held in Lagos, Nigeria, co-hosted by the United States. The conference aimed to promote safe, secure, and trustworthy AI systems in Africa, with hundreds of attendees from various fields. U.S. Deputy Secretary of State Kurt Campbell emphasized the importance of collaboration between the U.S. and Africa in AI development […]