OpenAI president Greg Brockman, Nvidia founder and CEO Jensen Huang, and OpenAI CEO Sam Altman. Nvidia is set to invest $100 billion (about R1.85 trillion) in OpenAI, as part of a strategic partnership to build one of the largest artificial intelligence (AI) infrastructure deployments in history. “This is the biggest AI infrastructure project in history….
Tremaine Edmunds #49 of the Chicago Bears celebrates with teammates after making an interception during the second half against the Dallas Cowboys on September 21, 2025 at Soldier Field in Chicago, Illinois. Melissa Tamez | Icon Sportswire | Getty Images The National Football League’s finance committee approved the sale of 2.35% of the Chicago Bears…
Nvidia will invest up to $100 billion in OpenAI as the artificial intelligence lab sets out to build hundreds of billions of dollars in data centers based around the chipmaker’s AI processors, the companies said on Monday. OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, the companies said on…
ChapGPT parent OpenAI is set to receive up to $100 billion in investments from chip giant Nvidia, helping cement the two firms as leaders in the race to build artificial intelligence systems that could transform the economy and society. The companies said the move will enable OpenAI to expand the fleet of data centers it…
Nvidia said it will invest $5 billion in Intel as part of a deal to co-develop data center and PC chips with the troubled chipmaker, which took on the U.S. government as an investor last month. Nvidia is investing its stake at a price of $23.28 a share, a release from the company said. Intel…
Addis Ababa — As increasingly frequent droughts and devastating floods are affecting agricultural productivity, leaving millions of people food insecure in Africa amid a lack of climate finance, the African Development Bank (AfDB) has committed USD 11 billion to support various climate-resilient and infrastructure projects in rural areas. Climate change-induced humanitarian emergencies are materializing in…
What’s the context? Amid funding uncertainty, African leaders urgently call for more climate adaptation cash. African leaders call for climate cash Aid cuts add strain to continent’s needs Private companies stepping up to fill gaps JOHANNESBURG, BRUSSELS – From mangrove restoration along West Africa’s coastline to organic waste recycling in Nairobi, billions of dollars have…
A report by the Coalition for Disaster Resilient Infrastructure (CDRI), a global coalition dedicated to enhancing the resilience of infrastructure systems to climate and disaster risks, has put the average annual loss of infrastructure, including buildings caused by disasters in Africa, at $12.7 billion. According to the report, of the damage, 70 per cent is…
African Export-Import Bank (Afreximbank) and Shelter Afrique Development Bank (ShafDB) have signed a groundbreaking Joint Project Preparation Facility (JPPF) Framework Agreement. This strategic partnership aims to unlock a cumulative investment value of at least US$1 billion and is set to significantly transform housing and urban development across the continent and boost trade and investment. Signed…
A smartphone with the logo of U.S. artificial intelligence company Cognition AI Inc. Timon Schneider | SOPA Images | Sipa USA | AP Cognition, the artificial intelligence startup that acquired Windsurf in July, said on Monday that it closed a $400 million funding round at valuation of $10.2 billion, which includes the fresh capital. The…
