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Author: precious
I’m Precious Amusat, Phronews’ Content Writer. I conduct in-depth research and write on the latest developments in the tech industry, including trends in big tech, startups, cybersecurity, artificial intelligence and their global impacts. When I’m off the clock, you’ll find me cheering on women’s footy, curled up with a romance novel, or binge-watching crime thrillers.
Nigeria is taking a firm step in shaping the future of artificial intelligence (AI) within its borders through a proposed Artificial Intelligence Bill aimed at establishing a structured system for licensing, oversight, and control of AI technologies. With the rise of AI’s role in sectors ranging from finance to governance, this bill aims to regulate the tools revolutionizing how Nigerians interact with AI and use the nascent technology to work. Licensing AI Systems and Creating a New Regulatory Authority Central to Nigeria’s AI Bill is that it will command compulsory registration and licensing for all AI developers and users within…
Blowout earnings from Nvidia for the third quarter of fiscal 2026 have reignited a fierce debate on whether the artificial intelligence (AI) industry is in the middle of a speculative bubble. The semiconductor giant’s latest financial report reveals its astonishing revenue and profit growth, but these numbers come amid growing concerns about the sustainability of the AI investment frenzy that has gripped Wall Street and Silicon Valley alike. In the company’s blowout earnings for Q3 that ended October 2025, Nvidia announced revenue of $57 billion, a 62% increase year-over-year, and going over Wall Street’s estimated $55 billion. Earnings went beyond…
Google, through its DeepMind and Research team, has introduced WeatherNext 2, an AI-powered weather forecasting model that improves and enhances forecasting accuracy and speed to new heights. This new update promises near-instant predictions with enhanced precision, with the aim of using artificial intelligence (AI) to reshape the landscape of meteorological science and practical weather applications worldwide. Unmatched Speed and Accuracy of WeatherNext 2 Google’s WeatherNext 2 radically shortens the time it takes to generate detailed weather forecasts, as it is capable of delivering results up to eight times faster than past models with the help of AI. What once required…
Prominent AI safety and research company Anthropic recently revealed that it successfully disrupted an unprecedented, large-scale AI-driven cyberattack that targeted dozens of global organizations. Anthropic has linked the heavy malicious use of Claude by hackers that was reported in September to a Chinese state-sponsored hacker group that leveraged the company’s very own AI model Claude to execute an automated espionage campaign targeting many global organizations across the critical infrastructure sector. Unlike conventional cyberattacks that rely heavily on human hackers, this particular operation was AI-automated for 80 to 90 percent of the attack processes, which left only little critical decisions to…
Jeff Bezos is spearheading an ambitious new venture, Project Prometheus, a $6.2 billion AI startup that is laser-focused on redefining the future of industrial automation. Unlike the current AI wave most people are familiar with, which revolves around chatbots and text-based models, Prometheus shoots for a different but prominent target – teaching artificial intelligence (AI) to understand and act in the physical world. This project could transform everything from manufacturing and engineering, to aerospace, and to automotive production by building and integrating AI that learns by experimenting with reality itself. Alongside Jeff Bezos as the co-CEO of the startup is…
Sakana AI, an emerging Tokyo-based startup, recently raised $135 million in its Series B funding round, pushing its post-money valuation to $2.65 billion. This funding comes at a time where the company is fully focused on developing AI models that are finely tuned to Japanese language and culture, an approach that addresses a distinct regional demand as global tech giants dominate the broad, large-scale AI model race. Founded in 2023 by former Google researchers Llion Jones, Ren Ito, and David Ha, Sakana AI was built on a reputation of pioneering what is known as Sovereign AI. This means building localized…
Amazon has tapped the debt markets with a bold $15 billion bond offering, well above its initial $12 billion target, and marking the company’s most significant capital race in recent years, aimed squarely at accelerating investments in artificial intelligence (AI) and expanding its data center infrastructure. The bond offering, which stands as Amazon’s first major U.S. bond sale in three years, drew a staggering $80 billion in demand. Investors showed robust interest for the multi-tranche deal amid growing industry enthusiasm for tech firms investing aggressively in AI infrastructure and cloud computing power. Amazon’s Strategic Capital To Enter an AI Race…
The European Union (EU) is quietly rewriting the rulebook that once made it the world’s toughest digital regulator, releasing a proposal law that involves rolling back parts of the GDPR and delaying core provisions of the artificial intelligence (AI) Act in the name of economic competitiveness and growth. Touted as the EU’s Digital Omnibus it stands as a sharp reversal from the EU’s decade-long reputation as the world’s toughest enforcer of digital rights and privacy. It goes without saying that these changes are being driven by mounting pressure from tech giants, including recent pressure from the U.S. President Donald Trump,…
Holo, a Barcelona-based healthtech startup, has successfully secured €1 million in a pre-seed funding round to develop its AI-powered preventive health platform. Founded by a trio of former employees of fellow Barcelona-based unicorn Factorial, Holo was built to redefine how consumers monitor and manage their health by offering a comprehensive, technology-driven approach to preventive care. This innovative platform combines advanced biomarker testing, wearable integration, and personalized health insights to give users unprecedented control over their well-being. As such, individuals can monitor over 110 health indicators ranging from inflammation markers to hormonal balance, with insights delivered in user-friendly reports and reviewed…
Nvidia, the world’s leading AI chipmaker, has joined the India Deep Tech Alliance (IDTA) as a founding member and strategic technical advisor, an addition that stands to tremendously support India’s ambitions in artificial intelligence (AI), semiconductors production, space technology, and other cutting-edge sectors. This high-profile alliance has now mobilized approximately $2 billion in capital commitments, including a new $850 million injection that involves global and Indian investors, and marking a foundation that promises to bridge a chronic funding gap in India’s deep-tech startup ecosystem. The India Deep Tech Alliance was established in September to support startups that are engaged in…
