As part of its strategy to accelerate the development of AI devices for the home, LG has developed its own artificial intelligence chip (AI Chip) with proprietary LG Neural Engine to better mimic the neural network of the human brain to greatly improve the processing of deep learning algorithms. The AI Chip incorporates visual intelligence…
Kenindia’s recommendations on how to manage your health care costs
Medical bills are one of the most significant financial burdens facing Kenyans in this modern era. This is partly due to the nature of the health care system in Kenya. Every year, thousands of Kenyans are pushed below the national poverty line due to direct medical bills. This has led to a more significant concern…
Public and private agencies should invest in cyber security ahead of data protection law
Kenya will soon have a law that guides and regulates how people’s private data and information will be retrieved, managed, utilized and secured. However, few companies have the necessary cybersecurity infrastructure, corporate culture or data policies that will enable them keep this law without encountering major hurdles. Once passed, the Data Protection Bill 2018 will…
LG Electronics introduces multi-language support on its 2019 AI TVs
As part of its vision to deliver an outstanding viewer experience, LG Electronics (LG) has introduced Multi-Language Support in its 2019 AI-enabled televisions, understanding voice commands across a range of languages. The 2019 TVs come with LG’s unique ThinQ AI platform which deploys a deep learning algorithm to allow a higher level of AI picture…
UNICEF AND SAFARICOM launch internet of good things in Kenya
UNICEF and Safaricom have launched the Internet of Good Things in Kenya – a set of information and resources which promotes living better and healthier. Internet of Good Things is a UNICEF-led initiative, currently accessible in over 60 countries and territories around the world, and helping to bridge the digital divide and build knowledge societies….
KCB Bank rolls out initiative to drive savings
KCB Bank Kenya has kicked off a financial literacy initiative to drive up savings in the country. Dubbed Weka Weka, the KCB M-PESA campaign will also enable customers grow their mobile banking borrowing limits, giving them access to more money to enhance their livelihoods. KCB M-PESA has a Target Savings Account that allows customer to target save…
LG to bring hands-free home appliances with voice recognition to more homes around the world
LG Electronics (LG) will aggressively expand its voice recognition-enabled smart home appliances this year, with more than two dozen markets expected to be on board by the start of the second quarter. With the company’s valued artificial intelligence (AI) partners Google and Amazon expanding sales of AI speakers globally, LG anticipates a simultaneous increase in…
KCB Group Plc makes offer to acquire National Bank of Kenya
The KCB Group PLC has made an offer to acquire 100% of the ordinary shares of National Bank of Kenya Limited (NBK). Both KCB and NBK are listed on the Nairobi Securities Exchange (NSE). The offer is subject to shareholder and regulatory approvals and has been served on NBK. KCB proposes to make the acquisition through a share swap…
Emirates Group Announces 2018-19 results
The Emirates Group today announced its 31st consecutive year of profit and steady business expansion. Released today in its 2018-19 Annual Report, the Emirates Group posted a profit of AED 2.3 billion (US$ 631 million) for the financial year ended 31 March 2019, down 44% from last year. The Group’s revenue reached AED 109.3 billion…
Chapa Dimba na Safaricom All-Star unveiled
The Chapa Dimba Na Safaricom All-Star team that will attend a training camp in Spain was unveiled today in a ceremony held at Ligi Ndogo Grounds, Nairobi. The team consists of 32 of the best players – 16 boys and 16 girls, scouted from across the country during the eight regional finals. The players leave…
LG’s new cutting-edge ACP 5 controller revolutionizing the air conditioners world
The LG Electronics’ central controller, the ACP 5, is revolutionizing the air conditioning world as this 5th-generation control solution offers significant improvement in user convenience and operational efficiency. A fifth-generation control solution, the ACP 5 incorporates a number of upgrades that respond directly to users’ feedback. With LG’s innovative technologies onboard, the model boasts an…
Safaricom to double 4G sites as net profit grows 14.7% to Kshs 63.4 billion
Safaricom (NSE: SCOM) has today announced plans to double its 4G network coverage to 5000 base stations by March 2020, covering all major towns and 80% of the Kenya population. The announcement was made by the company CEO Bob Collymore as he released financial results for the year ending 31st March, 2019 which saw net income increase…
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