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Nigerian fintech Appzone raises $10M for expansion and proprietary technology

TechCrunch

Typically , African financial institutions rely on using foreign technology solutions to solve their problems. But issues around pricing, flexibility to innovate and a lack of local tech support always come up. It went live with its mobile and internet banking service in 2016 and launched an instant card issuance product in 2017.

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AI in the C-suite: Using AI to shape business strategy

CIO

“The critical element lies in automating these steps, enabling rapid, self-learning iterations that propel continued improvement and innovation.” However, research demonstrates that more executives, like Schumacher, recognize the connection between AI and business innovation. Most AI hype has focused on large language models (LLMs).

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Jim Keller-Led Tenstorrent Raises Another $700M For AI Chips At $2B+ Valuation

Crunchbase News

Santa Clara, California-based Tenstorrent was founded in 2016 and the company has since raised more than $1 billion, per Crunchbase. Keller, one of the most acclaimed engineers in the semiconductor industry, joined the company in 2021 as president and chief technology officer, and was named CEO in early 2023.

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TBM helps CIOs translate tech spending to business outcomes

CIO

As a result, many organizations, including the US Army, UPS, and MasterCard, have turned to technology business management (TBM) to better align IT spending with business value. Theres more emerging technology coming in. The company relies on IT to drive innovation, efficiency, and competitive advantages.

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How companies are innovating in the energy sector

Hacker Earth Developers Blog

As technologies and consumer behaviors continue to evolve, new service opportunities and business models will also emerge. Through innovative solutions that spawn from a broad spectrum of expertise and collaboration…. Global cooperation, sustainable economic growth, and technology innovation are needed to balance the energy trilemma.

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Black Innovation Alliance, Village Capital team up to support founders of color

TechCrunch

Black Innovation Alliance and Village Capital today announced Resource, a national initiative aimed at boosting the efforts of entrepreneur support organizations (ESOs) led by, and focused on, founders of color. The motivation behind the project is straightforward. Disclosure: Verizon is TechCrunch’s parent company).

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How to incubate a winning innovation program

CIO

When leaders consider how technology has enabled the transformation of business models over the past several years, few would disagree that the world has changed dramatically. Tesla, Uber, and many other stories of business innovation have this in common: Their business models have technology at their cores.