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TechnologyBusiness

CoreWeave Bond Selloff Raises Concerns Over AI Infrastructure Spending

CoreWeave’s bond selloff is raising concerns about the financial sustainability of the artificial intelligence (AI) infrastructure boom, as investors reassess the risks of...

TechnologyBusiness

Investors Reconsider Anthropic’s $2 Trillion IPO Valuation as Revenue Growth Slows

Investors are reassessing the potential valuation of artificial intelligence company Anthropic ahead of its planned initial public offering (IPO), following a slowdown in...

TechnologyBusiness

IMF Chief Warns AI Risks Could Outweigh Benefits Without Safeguards

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the risks associated with artificial intelligence (AI) could outweigh...

TechnologyBusiness

Figma Prioritises AI Growth Over Profit Margins as Competition Intensifies

Figma is prepared to accept lower profit margins in the short term as it invests in artificial intelligence (AI) tools to attract more...

IMF Recognition Positions Nigeria As Emerging AI Power, Says Bosun Tijani
WorldEconomy

IMF Raises 2026 Global Growth Forecast to 3.1% as AI Investment Supports Expansion

The International Monetary Fund (IMF) has raised its forecast for global economic growth in 2026 to 3.1 per cent, up from its previous...

TechnologyBusiness

IMF Raises Global Growth Forecast as AI Investment Counters War-Driven Economic Pressures

The International Monetary Fund (IMF) has raised its global economic growth forecast for 2026, citing strong investment in artificial intelligence as a key...

WorldEconomy

IMF Raises Global Growth Forecast as AI Investment Offsets War and Debt Risks

The International Monetary Fund (IMF) has raised its global economic growth forecast for 2026 to 3.1 per cent, as strong investment in artificial...

Manus Raises More Than $500 Million After Meta Acquisition Unravels
TechnologyBusiness

Manus Raises More Than $500 Million After Meta Acquisition Unravels

AI startup Manus has raised more than $500 million in fresh funding as it resumes independent operations following the unwinding of Meta’s proposed...