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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.
In a bid to “make sure the U.S. is the Crypto Capital of the World,” U.S. President Donald Trump has taken to social media to announce the names of five new digital assets to be included in a new U.S. strategic reserve for Cryptocurrencies. He announced in a Truth post that the Presidential Working Group directed by the president’s executive order on digital assets — that was signed into action in January — had gone ahead in stockpiling digital currencies such as XR P, SOL, ADA for future use. In a follow-up post about an hour later, he announced the…
Paystack, a leading fintech in Africa has launched its first-ever consumer product, expanding its focus to providing business-to-consumer (B2C) solutions after a marathon of nine years providing only business-to-business (B2B) services. CEO and Co-Founder Shola Akinlade announced the launch of the new transfer app named Zap at a company event on Monday. Zap, as Paystack’s first consumer app, is designed to offer fast, secure, and reliable bank transfers in Nigeria, by aggregating other bank accounts of a customer into one system. With the aggregation or linking of all accounts to Zap, customers can then fund their accounts easily and make…
For a long time, teleportation was purely a concept for science fiction, as seen in stories like Star Trek, which made the idea seem far-fetched. But recent research from scientists at the University of Oxford has revealed that quantum teleportation — where quantum information is transferred between particles — is possible. While this doesn’t mean teleporting humans anytime soon, it opens doors to new possibilities in quantum computing, and secure communications, as this pushes the boundaries of what we thought we knew about the world of physics. Quantum Teleportation is a process that transfers the state of a quantum particle…
The U.S. Commerce Department has banned the Chinese-based AI-powered chatbot Deepseek from all government-owned devices. In a mass email that was circulated among the department’s staff, the importance of adequately protecting departmental information systems was emphasized. “To help keep Department of Commerce information systems safe, access to the new Chinese-based AI DeepSeek is broadly prohibited on all GFE [Government Furnished Equipment],” the email said. “Do not download, view, or access any applications, desktop apps, or websites related to DeepSeek.” The Chinese-based AI company, right from its R1 ‘reasoning’ model launch in January that caused quite some stir in the AI…
In addition to the recent 20% tariff imposition by President Trump on Chinese Imports, the U.S. has now added several Chinese companies to what is unofficially known as the “American Blacklist.” This includes a list of companies in select countries whose imports — or American exports — pose a certain kind of risk to the U.S. national security as well as trade sovereignty. Maintained by the Department of Commerce’s Bureau of Industry and Security, this trade blacklist is officially known as the “Entity List,” where Chinese companies take the lion’s share amongst other countries. Keeping the Biden administration screws tightened,…
The constantly changing nature of Quantum Computing has allowed for another breakthrough with the unveiling of China’s Zuchongzhi-3 Superconducting Quantum Computer, signifying a milestone and placing China at the forefront of the ever-evolving global quantum race. Developed by The University of Science and Technology of China (USTC), the Superconducting chip Zuchongzhi-3 is said to be 1 quadrillion times faster than the world’s most powerful and fastest classical supercomputers, Frontier. It directly competes with America’s Tech Giants’ contributions to Quantum Computing in the names of Google’s Willow Chip, Microsoft’s Majorana 1 Chip, IBM 1,121 condor processor, and Amazon’s Ocelot. China’s Quantum…
OpenAI’s latest reasoning models o3 and o4-mini represent significant advancements in the ever-evolving world of Artificial Intelligence (AI). However, these new models hallucinate by generating false or fabricated information at substantially higher rates than their predecessor model o1. The problem of AI hallucinations, where models generate plausible but false information, has long been recognized as one of the most persistent challenges in the development of Artificial Intelligence. Traditionally, newer AI models have demonstrated additional improvements in reducing hallucinations compared to their predecessors. However, the recent release of OpenAI’s o3 and o4-mini models seems to be an outlier and has shaken…
The European Commission (EU) has taken a significant antitrust decision against two tech giants, Apple and Meta, by fining them €500 million and €200 million, respectively, for violating the newly enacted Digital Markets Act (DMA). This landmark decision is the first financial penalties issued under the DMA, thereby highlighting the EU’s commitment to enforcing digital competition rules across the European markets. The DMA, which represents a comprehensive EU framework, was designed to create fair digital markets by preventing dominant tech companies from monopolizing the European digital market. It establishes guidelines that are aimed at enhancing consumer and business choices while…
In the ever-evolving world of artificial intelligence, OpenAI is once again raising the stakes with GPT-4.5. It’ll be unveiled as the company’s “last non-chain-of-thought model” – a language model that aims to simplify the complexities of previous ones. This bit of information came directly from OpenAI’s CEO, Sam Altman, who shared it on X (fka Twitter). With the aim of explaining the OpenAI Roadmap Update for GPT-4.5 and GPT-5, he first acknowledges that the company’s models and product offerings have become increasingly complex, and this new release aims to make them return to “magic unified intelligence.” GPT (aka Generative Pre-trained…
The world’s first humanoid half-marathon took place in Beijing, capital of China, involving 12,000 people running across 13 miles (21 kilometres), and a number of 21 humanoid robots – where there was a demarcation of a separate line between the 21,000 people and the 21 humanoids. Being the first of its kind, it hosted different types of humanoid robots built and developed in different shapes and sizes by several robotics companies. Amongst the robots were N2, an over-40 pound Noetix Robotics’ humanoid, which was about 3 feet tall; and the Unitree Robotics’ G1 model, weighing nearly 80 pounds and standing…
