SVB and Signature Bank shut down, Naspers closes Foundry, Another Meta layoff, OpenAI's GPT-4

SVB and Signature Bank shut down, Naspers closes Foundry, Another Meta layoff, OpenAI's GPT-4

Techpoint Africa Podcast

SVB and Signature Bank shut down, Naspers closes Foundry, Another Meta layoff, OpenAI's GPT-4

Mar 16 2023 | 00:36:48

00:00 / 00:36:48

Hosted By

Chimgozirim Nwokoma

Oluwanifemi Kolawole

Bolu Abiodun

Show Notes

This episode is also available on YouTube - https://youtu.be/ELoHjZCj-bs

Today on the Techpoint Africa Podcast we look at some global events in the tech space that may affect the African tech ecosystem.

The stories:

Silicon Valley Bank & Signature Bank shut down
Naspers shuts down Foundry
Meta and Y Combinator layoffs
Nigeria launches $672 million fund for tech entrepreneurs
OpenAI launches GPT-4

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Timestamps

00:00 - Intro

02:53 - Silicon Valley Bank and Signature Bank shutdown

10:27 - Meta lays off again

16:47 - Nigeria launches $672 million fund for tech entrepreneurs

20:07 - Naspers shuts down Foundry

27:03 - OpenAI launches GPT-4

Useful links

Signature Bank shuts down following Silicon Valley Bank’s closure
SVB closure: 5 answers to startup employee’s questions
Naspers shuts down its $77m investment fund, Foundry, the largest in South Africa
Meta to slash 10,000 jobs after cutting about 11,000 last year
Y Combinator lays off 20% of its workforce, to reduce late-stage investments
Nigeria launches a ₦‎309.5 billion fund
OpenAI releases GPT-4, a multimodal AI that it claims is state-of-the-art

This episode was produced by Ogheneruemu Oneyibo and Gracious Sede

Email us your feedback at [email protected]. Visit www.techpoint.africa for more stories.

Music - Beach by MBB - https://www.youtube.com/watch?v=dEnQ8dHwDSk

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