E-Business
Nvidia Loses over $500Bn in Market Value amid DeepSeek’s Rise

Nvidia, world leader in accelerated computing, lost about $589 billion of its market value on Monday amid rise in DeepSeek.
DeepSeek, a private Chinese company founded in July 2023 by Liang Wenfeng, is an open-source large language model that relies on what is known as “inference-time computing,” meaning “they activate only the most relevant portions of their model for each query, and that saves money and computation power”
Nvidia, on the other hand provides a variety of products and services, including GPUs, AI software, and cloud gaming.
According to Bloomberg, the loss was driven by the company’s shares plummeting by 17 percent during midday trading on Wall Street.
The steep decline reverberated across global markets due to Nvidia’s substantial influence on major indices.
In the United States, the S&P 500 fell by 2.3 percent, while the Nasdaq 100 dropped 3.6 percent.
European markets were similarly affected, with Frankfurt and Paris stock exchanges closing in the red, while London finished flat and Asian stock markets recorded losses.
Technology giants like Microsoft and Alphabet, the parent company of Google, also saw their shares decline, however, Meta managed to buck the trend, trading in the green.
Nvidia has been a major beneficiary of the influx in spending on artificial intelligence (AI) because of the company’s semiconductors, which are essential for AI technologies to work efficiently.
However, the publication said the recent emergence of DeepSeek, a Chinese chatbot platform, appears to have shaken up the AI industry.
DeepSeek recently overtook ChatGPT as the top-rated free app on Apple’s US app store.
In 2022, the US imposed restrictions to limit exports of advanced GPU chips to China.
However, DeepSeek’s researchers claimed they trained their latest model on Nvidia’s H800 chips.
The training was approximately $6 million, which is a fraction of the usual expense for developing high-end AI systems.
DeepSeek’s breakthrough in the AI industry comes as the US intensifies its efforts to maintain dominance in the field with the unveiling of the Stargate Project.
The Project, which was announced by President Donald Trump, is a strategic collaboration between Oracle, Japan’s SoftBank, and OpenAI, the creators of ChatGPT.
OpenAI stated that the initiative would strengthen US AI capabilities, create thousands of jobs, and enhance national security.
E-Business
GSMA Launches Innovation Fund to Boost AI Solutions in Emerging Markets

GSMA Innovation Fund for Impactful AI has been unveiled, marking a significant initiative aimed at empowering small and growing enterprises in low-and middle-income countries (LMICs) across Africa, South Asia, Southeast Asia, and the Pacific.
This fund is designed to foster AI-driven innovations that tackle critical socio-economic and climate challenges, helping underserved regions unlock the transformative potential of artificial intelligence.
Artificial intelligence has proven its ability to address pressing global issues, from precision agriculture and renewable energy to remote healthcare and financial inclusion.
Yet, LMICs remain underserved in funding and resources, with only a small percentage of global grants directed toward locally-developed AI solutions.
Despite the growth of AI-driven technologies, these advancements are often not tailored to the unique needs of local populations in LMICs.
The GSMA Innovation Fund seeks to close this gap by identifying, testing, and scaling impactful AI solutions that are contextually relevant and capable of delivering measurable socio-economic and climate benefits.
In partnership with the UK Foreign, Commonwealth, and Development Office (FCDO), the GSMA Innovation Fund provides a comprehensive support package to selected enterprises. Key benefits include:
Grant Funding: Ranging from £100,000 to £250,000 for projects lasting 15–18 months.
Tailored Venture Support: Guidance to strengthen business models and improve scalability.
Partnership Opportunities: Facilitation of collaborations with mobile operators, public sector organizations, and other stakeholders.
Peer Learning: Platforms for exchanging knowledge and best practices with other innovators.
Visibility and Exposure: Access to GSMA’s global events, publications, and online platforms to connect with potential investors and partners.
E-Business
MRA Calls for Safer Internet User Rights in Nigeria

Media Rights Agenda (MRA) has called on the Nigerian government to take legitimate measures to safeguard the rights and safety of internet users in the country.
In a statement released ahead of Safer Internet Day (SID), the Media Rights Agenda (MRA) called on the Nigerian Federal and State governments to take measures to protect internet users’ rights.
MRA highlighted the misuse of the Cybercrimes (Prohibition, Prevention, etc.) Act, 2015, initially designed to address cybercrime threats.
According to MRA, the Act has been exploited by powerful individuals to intimidate journalists, activists, and citizens, undermining freedom of expression and cybersecurity.
Mr. Ayode Longe, deputy executive director, MRA, emphasised that these actions violate democratic principles and Nigeria’s international human rights obligations. He highlighted the SID theme “Together for a Better Internet” as a call for multi-stakeholder cooperation to create a safe and accessible online environment.
Longe noted Nigeria’s progress in digital technology adoption but pointed out persistent online threats, including scams, data breaches, and misinformation.
He stressed the need for legal frameworks that protect users’ rights without compromising their privacy or freedom of expression.
MRA urged the government to review the Cybercrimes Act to ensure it aligns with international human rights standards and to establish guidelines to prevent arbitrary prosecutions.
MRA also called for digital literacy initiatives and collaboration with tech companies to promote online safety.
Additionally, they urged the courts to protect Nigerians’ rights by rejecting unfounded cybercrime cases and ensuring fair application of the law.
Longe reiterated MRA’s commitment to defending digital rights and advocating for a free and open digital environment where everyone can access information and express themselves responsibly.
Together, stakeholders can create an internet where all users, regardless of age or background, can engage safely and freely.
E-Business
Google Messages to Enable WhatsApp Video Calls

Google Messages is reportedly working on a new feature that would allow WhatsApp video calls; the feature was found in the app’s code and is not yet functional, but it reportedly activates when the caller’s device is not running Google Meet.
Users of the tech giant’s first-party app in Mountain View are reportedly able to make video calls more easily because of this functionality.
According to a separate report, the app recently combined the gallery picker with the camera viewfinder when the camera option was opened.
A report from the Android Authority suggests that Google Messages may soon incorporate WhatsApp’s video calling functionality. The functionality was discovered by the publication in Google Messages version 20250131.
The code had a flag for the feature, which was turned on. As a result, consumers cannot try it out at this time.
According to screenshots the website posted, when users select the video call icon in Google Messages, a prompt advising them to use WhatsApp to make video calls appears.
But following the reports, the feature only appears if the caller does not have Google Meet installed.
Interestingly, at the moment, users can only use Meet to make video calls; if they don’t have it loaded, the app asks them to do so before attempting again.
With this new functionality, WhatsApp does not direct users to the chat app when they make a video call.
Rather, it is said to activate the full-screen video conference interface immediately.
If Google Messenger is the user’s main messaging program, this functionality could save them multiple clicks.
Though based on the article, the capability is limited to individual talks.
The app can only use Meet to start video calls in group discussions.
Furthermore, it has been noted that Google Messages does not trigger the WhatsApp video call pop-up if the recipient does not have WhatsApp installed.
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