Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media following the company’s “Japan AI Ecosystem” reception in Tokyo, Japan, on Thursday, July 16, 2026. Kiyoshi Ota | Bloomberg | Getty Images The first three-plus years of the artificial intelligence buildout has been paid for through record amounts of equity and…
ByteDance is training an AI model with as many as 10 trillion parameters that could be close to the size of Anthropic’s cutting-edge Mythos system, the Financial Times reported on Friday, citing people with knowledge of the matter. With 10 trillion parameters, the model would be more than three times the size of Chinese start-up…
Dar es Salaam — TANZANIA’S ambition to accelerate infrastructure development and attract investment enters a significant phase as the country hosts the Africa50 General Shareholders’ Meeting and Infra for Africa Forum. This high-level gathering offers a vital platform for African stakeholders to explore innovative ways of financing and delivering infrastructure projects that can transform economies,…
Britain’s BP on Tuesday reported a sharp upswing in second-quarter profit, as energy supermajors reap massive profits from higher fossil fuel prices amid hostilities between the U.S. and Iran. The oil giant posted underlying replacement cost profit, used as a proxy for net profit, of $5.7 billion for the April to June period. That comfortably…
India Prime Minister Narendra Modi, left, with OpenAI CEO Sam Altman, center, and Anthropic CEO Dario Amodei at the AI Impact Summit in New Delhi on Feb. 19, 2026. Ludovic Marin | Afp | Getty Images Tech companies’ venture capital portfolios are making corporate profits look a lot stronger than they really are. Microsoft, Amazon…
Nigeria enters this transition with considerable advantages. It has Africa’s largest population, one of the continent’s largest healthcare markets, a rapidly expanding digital economy and a technology sector with growing regional influence. For Nigeria, the opportunity is larger than building a stronger health system. It is to build companies that commercialise Nigerian research, manufacture products…
U.S. Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), as the Federal Reserve holds interest rates steady, at the Federal Reserve, in Washington, D.C., U.S. July 29, 2026. Evelyn Hockstein | Reuters The Federal Reserve on Wednesday followed through on expectations for no…
A Senegalese village chief holds up the fonio grain. Photo by Richard Nyberg Fonio – a gluten-free grain with many nutritional benefits – has been cultivated as a subsistence crop in West Africa for thousands of years. It is drought-resistant, can grow without the support of fertiliser and restores organic matter in fallow soil. Despite…
Sashin Sookroo, CEO of FNB Connect. For most South Africans, connectivity isn’t just a technical service, it’s a lifeline. It’s the WhatsApp message confirming that money has arrived; the e-mail response that secures a job interview; the call home when a day doesn’t go as planned. When connectivity works, it fades into the background. When…
Emile Burger Emile Burger is stepping down as CEO of Tarsus Distribution, the company said on Wednesday. He had been in the role for 14 months. Burger, who served as chief financial officer before taking the top job, is leaving for “personal reasons” and will remain during a notice period to hand over to interim…
