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.

Lettuce Financial recently closed a $28 million funding round, a big step that brings new financial tools and services tailored specifically for solo entrepreneurs (solopreneurs). For the U.S.-based fintech startup, it’s more about redefining how independent professionals manage money, taxes, healthcare, and planning for the future.  Led by existing investor Zeev Ventures, the $28 million raise combined with the strategic acquisition of healthcare benefits startup Besolo, will allow Lettuce to reshape the banking experience for one-person businesses especially in ways that challenge traditional financial institutions’ ability to serve solopreneurs. Nearly half of the U.S. workforce is expected to freelance by…

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In a bid to play catch-up in the AI race, Apple is set to take on one of the most ambitious and expensive upgrades to its digital assistant, Siri, by integrating Google’s advanced Gemini AI model and setting it up to power a major overhaul of the voice assistant, Bloomberg reports.  This surprising collaboration between the two tech giants specifically stands as a major investment for Apple, as the iPhone maker will be reportedly paying Google $1 billion annually for access to its Gemini technology. As such, these Gemini-powered upgrades promise to significantly enhance Siri’s intelligence by leveraging Gemini’s large-scale…

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Nigeria may soon be experiencing a digital transformation catalyzed by strategic partnerships with Nordic countries, particularly Denmark, Finland, Norway, and Sweden. When Lagos, the economic hub of Nigeria, recently hosted the 2025 edition of the Nordic-Nigeria Connect business forum, Nigeria’s partnership with the aforementioned Nordic countries was highlighted as a vital and growing connection that will be focused on breakthrough advances in digital technology, innovation, and talent development. More importantly, these collaborations will position the nation as a regional innovation hub in Africa’s technology landscape. Connecting Infrastructure and Governance for the Future of Nigeria A major cornerstone of Nigeria’s partnership…

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Saudi Arabia is playing one of the most ambitious games in global technology history with the aim of becoming the world’s third-largest artificial intelligence (AI) market after the United States and China. Through Humain, a state-backed AI company and a subsidiary of the country’s Public Investment Fund (PIF), the Kingdom is attempting to transform and turn its oil-dependent economy into a digital powerhouse particularly powered by AI and computing infrastructure. Humain is part of Project Transcendence, a $100 billion initiative that’s also a key part of the broader Kingdom’s Vision 2030, a project aimed at transforming the country into a…

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The U.S. Federal Communications Commission (FCC) has taken a decisive step to tighten restrictions on Chinese tech firms that the U.S. deems threats to national security, especially on Chinese telecommunications and surveillance equipment. The FCC’s 3-0 unanimous vote on October 28 gave the agency expanded authority to prohibit both new and previously authorized electronic products linked to Chinese firms identified on its “Covered List,” which includes Big Techs like Huawei, ZTE, and state-associated entities such as China Mobile. This move by the FCC is another schtick in the U.S.’ aggressive crackdown on Chinese tech, aimed at closing loopholes that could…

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Meta and Reliance Industries have partnered up to create an ambitious joint venture (JV) aimed at transforming enterprise artificial intelligence (AI) adoption in India and beyond.  This partnership is built on the combination of using Meta’s advanced open-source Llama models with Reliance’s vast industrial ecosystem and network to deliver affordable and scalable AI tools to thousands of businesses, from small enterprises to global corporations. For Meta, the most important thing is to further open up the enterprise AI market to small and medium-sized businesses (SMBs) in India, who mostly don’t have the privilege to scale up with AI. As such,…

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Cathie Wood, CEO of Ark Invest, has issued a cautionary assessment on the artificial intelligence (AI) sector, warning of a “reality check” on AI stock valuations. This warning comes amid growing signs that the excitement around AI’s transformative potential may soon be met with hard economic realities, particularly changes in interest rates.  However, while standing firm on the “reality check” warning, Wood dismissed concerns about an AI bubble that eventually burst. “I’m not saying there will never be any corrections,” Wood said at the Future Investment Initiative (FII) in Riyadh, Saudi Arabia. “Of course there will, as many people worry:…

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When Amazon announced they will be terminating thousands roles of their corporate employees, it mostly framed the move as a cultural reset and for the “need to be organized more leanly,” but the timing and the company’s AI investments so far screams the opposite, which is more about reorganizing the cloud computing and retail giant for an AI-focused future.  Beth Galetti, Senior Vice President of People Experience and Technology at Amazon, announced in a blog post the overall reduction in Amazon’s workforce of about 14,000 roles, a shake-up Galetti says will help “by further reducing bureaucracy, removing layers, and shifting…

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Palo Alto Networks has launched Cortex AgentiX, a next-generation platform designed to build, deploy, and govern the AI agentic workforce.  Seeing as Palo Alto is a leading cybersecurity company, this cybersecurity platform is positioned as the industry’s most secure and advanced solution to create autonomous AI agents that can dynamically plan, reason, and execute complex security workflows much like human experts but at machine speed. The company confirms that they are starting “where the need is most urgent,” which is the Security Operations Center (SOC). Cortex AgentiX was built as a break-away from siloed task automation, where it is capable…

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OpenAI has once again delivered its promise of integrating convenience and productivity in its products, with the recent launch of ChatGPT Atlas, an AI-powered browser designed to make surfing the internet smarter, easier, and deeply intuitive.  With the aim of redefining web browsing and how people interact online, Atlas was built to go beyond traditional browsing by integrating ChatGPT deeply into the user experience, turning the browser from a simple gateway to a dynamic assistant.  Atlas introduces an AI sidebar that follows users across websites, understanding and summarizing web content in real-time. Imagine reading an article or browsing products and…

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