E-Business
CIS Pledges Commitment to Delivering Oracle Solutions
![L-r) Charbel Bou-Id, managing director, CIS Nigeria, Nelly Saoud, value pre-sales and business development manager, Lina Salameh, business development manager Oracle solutions, and Ekhator Osaretin Moses, director sales all of Computer Information System (CIS) at Oracle Africa Innovation Day 2014 held in Lagos yesterday.](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2014/03/CIS Pix 1.jpg)
Nelly Saoud, Value Pre-sales and Business Development Manager, Computer Information Systems (CIS) has expressed the Company’s commitment to delivering Oracle solutions in the country.
She stated this at Africa Innovation Day 2014 held in Lagos yesterday. She explained that this year’s Africa Innovation Day in Lagos provided an opportunity to educate customers and partners of Oracle its cloud and other solutions ranging from Storage, servers to management applications.
She added that Oracle and its partners allow businesses to focus on their core business while they provide them with IT infrastructure which is one of the latest offering that Oracle showcased at the event.
Saoud noted that CIS is well positioned to provide high level support to Oracle solutions in the country and beyond.
Charbel Bou-Id, managing director, CIS, Nigeria, said that Oracle solutions will assist government and organizations in areas of transparency, governance, compliance, security as well as management of government projects.
“IT infrastructure affects every aspect of your organization. Effective management is crucial. High availability, responsiveness and adequacy are non-negotiable requirements of global corporations and require specific expertise and know-how that CIS provides”.
He added that today’s business enterprises compete within an ever-changing global business ecosystem. “The constant pursuit of greater efficiency, increased productivity, lower costs, greater market share, and reduced time-to-market is driving corporations to redefine strategies and reengineer processes. In addition the Web is dramatically affecting the manner in which businesses and customers interact and present possibilities for highly creative business models.”
“In this storm of change, the well planned IT Architecture provides the stable but flexible frame work required to support the dynamic business changes being executed by today’s market leaders. CIS Enterprise Solutions Business Unit IT architecture services are based on a proven methodology. It is a structured, participatory approach to architecture that integrates the needs of your Organisation.”
The Enterprise Solutions Business Unit with the help of all its principles helps to design and implement the best technology that meets business requirements. CIS help companies quickly transform an unstructured, imprecise business need into a structured information system concept.
Olawale Obasola, technology consultant, Oracle, speaking on ‘Simplifying IT and Powering Innovation’, said that things are complex nowadays and that businesses spend more on running the business as against spend more on how to grow the business.
He said that Oracle is the ideal partner for any business that is thinking on how to grow its business.
CIS Nigeria is a platinum partner of Oracle and leading player in providing small, medium, and large to complex solutions based on Oracle products.
With excellent consultancy support from CIS Oracle Presales and Technical team, customers enjoy the latest of sun accredited design to optimum advantage of the customer.
CIS understands the need for certified manpower to derive an extra mileage in market place in line with Oracle products Global policy. To that effect, CIS has invested considerably and so we have certified manpower in Oracle (Sun) Hardware in all levels.
E-Business
Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands
![](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2025/02/Eric-Schmidt.jpg)
Eric Schmidt, former Google CEO has expressed concerns about the extreme risks posed by artificial intelligence (AI) falling into the hands of terrorists or rogue states.
![Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands](https://i0.wp.com/www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2025/02/Eric-Schmidt.jpg?resize=573%2C254&ssl=1)
Eric Schmidt, former Google CEO
He warned that nations such as North Korea, Iran, and Russia could adopt AI technologies to develop weapons capable of causing significant harm, including biological weapons.
Schmidt urged governments to oversee private tech companies, emphasising, “The real fears I have are not the ones most people discuss about AI, I talk about extreme risk.”
“I’m always worried about an ‘Osama Bin Laden’ scenario, where truly evil individuals take control of some aspect of modern life to harm innocent people,” he added.
With private companies driving AI advancements, he stressed the need for careful government monitoring and regulation. “It’s really important that governments understand what we’re doing and keep their eye on us,” he said.
His remarks followed a two-day AI summit in Paris, where the UK and the U.S. declined to sign a communiqué outlining the future direction of AI. The declaration on “inclusive and sustainable artificial intelligence for people and the planet” was endorsed by 57 countries, including India, China, the Vatican, the EU, and the African Union Commission.
The UK justified its decision, stating that the agreement lacked “practical clarity” on global AI governance and national security concerns.
Schmidt supports U.S. export controls restricting the sale of advanced AI microchips to certain countries, aiming to slow adversaries’ progress in AI research.
He also highlights the importance of international collaboration on AI safety, suggesting that cooperation with nations like China is essential to addressing global AI challenges.
E-Business
OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk
![](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2025/02/Open-AI.jpg)
Sam Altman, chief executive of ChatGPT-owner OpenAI, has firmly declared the company “not for sale” following a $97.4bn (£78.4bn) takeover bid from a consortium led by Elon Musk.
![OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk](https://i0.wp.com/www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2022/04/Elon-Musk.jpg?resize=563%2C229&ssl=1)
Elon Musk
Speaking at the AI Action Summit in Paris, Altman emphasised OpenAI’s mission to develop AGI (artificial general intelligence) for the benefit of humanity.
Marc Toberoff, attorney for Elon Musk, confirmed the bid submission on Monday.
In response, Altman humorously offered to buy Twitter for $9.74 billion on Musk’s platform.
Unlike many tech giants, OpenAI is not publicly traded but operates through a complex partnership between non-profit and for-profit entities.
Musk aims to return OpenAI to its non-profit roots, despite owning a rival firm, xAI.
Christie Pitts, a tech investor, expressed scepticism about Musk’s intentions, noting his competitive interests.
Altman echoed this sentiment, suggesting Musk’s move disregards OpenAI’s mission.
Altman, who holds no stock in OpenAI, advocates transforming the organisation into a fully for-profit company to raise more funds for AI research.
Although the board has the final say, the $97.4bn offer falls short of OpenAI’s previous $157bn valuation and rumoured $300bn in future funding talks.
Toberoff stated the consortium might increase their bid. Meanwhile, OpenAI is collaborating with Oracle, a Japanese investment firm, and an Emirati sovereign wealth fund on “The Stargate Project,” a $500 billion AI infrastructure initiative announced by President Donald Trump.
E-Business
Adobe Launches AI Video Tool to Compete with OpenAI
![](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2025/02/Adobe-logo.jpg)
Adobe yesterday released the first public version of an artificial intelligence tool that can generate video clips and revealed how much it will charge, but said it will not set pricing for major users such as studios until later this year.
The Firefly Video Model, as Adobe is calling the service, will compete against Sora, a model developed by ChatGPT creator OpenAI, and startup Runway, both of which currently offer video-generation services. Facebook owner Meta Platforms has also developed a video-generation AI model but has not given a timeline for when it will be released.
Adobe’s model differs from its rivals because it is geared toward generating clips that will fit into how film and television studios use Premiere Pro, its flagship video editing software.
To that end, many of the features that Adobe is emphasizing revolve around feeding existing shots into the video model and asking it to generate clips that fix or expand on shots that were taken on a real production set but that did not come out quite right.
Adobe said the service will generate five-second clips at 1080p resolution. While that is shorter than the clips of up to 20 seconds generated by OpenAI’s service, Adobe executives said the majority of individual clips in most productions are only three seconds.
Adobe said a user can generate 20 clips per month for $9.99 and 70 clips for $29.99. That compares with 50 videos for $20 per month with OpenAI’s plan at lower resolution and a $200 OpenAI plan that can handle longer, higher resolution videos.
Adobe is also working on a “Premium” pricing plan for studios and other high-volume video users and will release those pricing details later this year. Alexandru Costin, Adobe’s vice president of generative AI, said the company is working to generate 4K video and will remain focused on quality rather than longer clips.
“We actually think that great motion, great structure, great definition scheme, making the actual clip look like it was film, is more important than making a longer clip that’s unusable,” Costin told Reuters.
- E-Business3 days ago
Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands
- News3 days ago
FG Order MDAs to Close Commercial Banks’ Accounts, Enforce TSA Policy
- Telecom3 days ago
Breaking….Tariff Hike: MTN Apologizes to Nigerians but Silent on Reversal
- E-Financial3 days ago
Nigeria Worst Hit by Crypto Currency Fraud
- Telecom3 days ago
Salesforce Collaborates with Tech Leaders to Launch AI Energy Score for Model Efficiency
- General News2 days ago
Researchers Develop Innovative Treatment for Malaria
- News2 days ago
TikTok Returns on Apple, Google US App Stores as Trump Delays Ban
- Telecom3 days ago
Gombe Commissioner of Police Visits GBB Command Centre, Strengthens Collaboration on ICT-Driven Security Solutions