Groq is raising $650 million from existing investors to fund its inference cloud business, Axios reported. The raise comes six months afte...
Meta is building an AI pendant. It also plans a business subscription called Wearables for Work.
Meta is developing an AI-powered pendant that it plans to start testing within the next year, according to an internal memo viewed by The In...
Parloa turns its $350 million war chest into a partnership web spanning SAP, Microsoft, and OpenAI
Parloa, the Berlin-founded AI agent management platform, has announced a wave of strategic partnerships with SAP, Microsoft, OpenAI, Five9...
Social media companies paid a school district more than its annual budget to avoid trial
The financial terms of the Breathitt County social media settlement have been disclosed for the first time. Meta is paying $9 million. Sna...
Ex-DeepMind researchers raised $50M to build AI that figures out which scientific questions are worth asking
London-based AI lab Inherent emerged from stealth on Wednesday with a $50 million seed round co-led by Index Ventures and Radical Ventures...
Microsoft under fire for threatening security researcher with criminal investigation
Microsoft published a blog post on Wednesday criticising a security researcher known as “Nightmare Eclipse” for publicly disclosing a seri...
Cash App Investing Partners With Apex Clearing to Scale Its Platform
Cash App Investing has selected Apex Clearing Corporation as its new clearing provider, marking a key move in its growth strategy. The par...
Anthropic Overtakes OpenAI at $965 Billion, Then Seeks $36 Billion to Rent Google’s AI Chips
Apollo Global Management and Blackstone are working to bring additional investors into a roughly $36 billion debt financing deal to help A...
Temu Hit With €200M EU Fine Over Dangerous Baby Toys and Faulty Chargers
A baby toy that could suffocate a child. A phone charger that could electrocute you. Both were reportedly sold on Temu, and both are illeg...
France Tightens Crypto Rules as AMF Sets Final MiCA Licensing Deadline
Crypto companies operating in France are running out of time to comply with Europe’s new crypto regulations. France’s financial markets re...
How a banking error sent ₦13.66B into wrong accounts
Nigeria’s banking infrastructure is back in the spotlight after a technical glitch accidentally sent ₦13.66 billion into customer accounts...
Ethio Telecom makes history with Ethiopia’s first IPO
Ethiopia’s biggest telecom company just made history. On May 26, 2026, Ethio Telecom officially listed on the Ethiopian Securities Exchang...
This 16-year-old Nigerian wants to fix freelancing with AI
Well, it’s Children’s Day, the annual reminder that while many teenagers are still being asked what they want to become, some are already ...
South Africa's Mia Healthcare Raises $920K for Mobile Dental Care
South African e-health startup Mia Healthcare Technologies raised ZAR15 million, or about $920,000, to expand access to affordable dental ...
How dLocal’s planned AZA Finance acquisition became a $23.7 million asset deal
dLocal acquired selected AZA Finance assets for $23.7 million, ending a drawn-out deal that began as a plan to buy the Kenya-based cross-b...
Smartcomply expands to the UK with Africa-focused compliance platform
Smartcomply, a Nigerian compliance and cybersecurity startup, is expanding into the United Kingdom, targeting Electronic Money Institution...
Kenya wants $21 million to monitor social media
Kenya’s government is asking parliament for KSh 2.7 billion ($21 million) to build an AI-powered system that can monitor what people are s...
Branch lays off staff despite posting $30M profit
On April 17, 2026, Branch International carried out layoffs across its Kenya and Nigeria operations in a move that caught many employees o...
Why Nigerians are experiencing poor network service – MTN Chief
Tobe Okigbo, Chief Corporate Services and Sustainability Officer, MTN Nigeria, has explained that some of the network service disruptions ...
South Africa’s bPOWERd expands into Nigeria with solar battery rental hubs
bPOWERd, a South African clean energy startup, has expanded into Nigeria, launching a solar battery rental service in Lagos, targeting hom...
Airtel, Globacom resume airtime lending after court blocks FCCPC rules
Airtel and Globacom, two of Nigeria’s leading telcos, have resumed airtime lending after the country’s consumer protection regulator suspe...
Spotify wants more Nigerians paying for music, not higher subscription prices
Spotify, the global music streaming giant, believes Nigerian artists’ streaming earnings will grow not because subscription prices rise, b...
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