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What Is Defai? A Beginner’s Guide

[Jan 19 11:30 PM] Defai is a convergence of artificial intelligence and decentralized finance, poised to simplify on-chain tasks and unlock new opportunities. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource…

ACT I Launches $1 Million Innovation Fund for AI Meme Projects

[Nov 27, 2024 8:30 PM] The $1 million innovation fund is anchored in the ACT Innovation Hub, an initiative dedicated to nurturing distinct artificial intelligence (AI) meme ideas. Innovation Fund for AI Memes The ACT I community known for its work at the intersection of…

Kenyan Deputy President Urges Africa to Embrace AI

[Sep 27, 2024 11:30 AM] Kenyan Deputy President Rigathi Gachagua is urging African leaders to tap into the potential of artificial intelligence (AI) to supercharge their economies. Gachagua highlighted that tech-leading countries are already reaping the rewards of…

Blockchain Climate Tech Startup Coral Raises $3 Million

[Sep 26, 2024 11:30 AM] Coral, a climate tech startup leveraging blockchain and AI, has secured $3 million in pre-seed funding to expand its operations and enhance its carbon emissions management platform. The funding will enable Coral to open a new office in Abu Dhabi…

Experts Say P2E Games ‘Normalize’ Crypto in Emerging Markets

[Sep 26, 2024 6:30 AM] Play-to-earn blockchain games are driving crypto adoption in emerging markets, particularly in Southeast Asia, Latin America, and Africa. Experts attribute this growth to their accessibility, economic opportunities, and community-building benefits…

Capstone Technology Gets $5.4M for GAYA Blockchain Project

[Sep 17, 2024 10:30 AM] Capstone Technology, a UAE-based blockchain and AI company has raised $5.45 million to fund the development of its GAYA blockchain project. The project aims to create a network for entrepreneurs in gaming, AI, and entertainment. Capstone Technology…

UN Chief: Unregulated AI Threatens Democratic Systems

[Sep 17, 2024 3:30 AM] UN Secretary-General António Guterres warned that unregulated artificial intelligence (AI) poses a risk to democratic systems, exacerbating disinformation and gender inequality. He urged countries to establish AI governance guidelines and promote…

South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders

[Sep 6, 2024 11:20 AM] The South African government is tightening its grip on cryptocurrency trading. Tax authorities (SARS) are issuing tax notices and clarifying regulations, likely using AI to identify non-compliant traders. The central bank meanwhile has clarified…

Zuckerberg, Spotify Founder Advocate for Open-Source AI in Europe

[Aug 25, 2024 9:30 AM] Mark Zuckerberg and Daniel Ek advocate for open-source AI in Europe. The two tech leaders believe that open-source AI can drive innovation and give Europe a competitive edge. However, they warn that fragmented regulations and uneven enforcement are…

Lack of Cohesion Hinders AI Adoption in Africa, NEPAD Boss Says

[Aug 22, 2024 3:30 AM] Nardos Bekele, CEO of NEPAD, believes AI can significantly benefit Africa by addressing various challenges and accelerating progress towards Agenda 2063. Although AI offers potential improvements in sectors like health, education, and agriculture…

Egyptian AI Startup Gets $2M for GCC, Africa Expansion

[Aug 6, 2024 11:20 AM] Egyptian artificial intelligence firm Synapse Analytics has secured $2 million to expand into the Gulf Cooperation Council region and Africa. The company has partnered with major banking product providers such as AWS, Crealogix, and TUMM. Using AI…

Pan-African Tech Firm Cassava Technologies Launches AI Unit

[Aug 5, 2024 5:30 AM] Africa-focused technology and data services firm Cassava Technologies has created a separate business unit to oversee its artificial intelligence (AI) operations. The AI unit will offer data center, cloud, cybersecurity, fiber connectivity, and…