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ByteDance secures $29.6 billion loan to fund AI expansion

ByteDance has secured a $29.6 billion loan from nearly 30 banks, as strong demand from lenders highlights growing investor confidence in the Chinese...

BusinessTechnologyWorld

Nvidia Confirms $12.93bn Acquisition of Hugging Face in Major AI Expansion

By Benson Daniel Nvidia has agreed to acquire artificial intelligence developer platform Hugging Face for $12.93bn, in one of the chipmaker’s biggest moves...

BusinessWorld

China Defies Western Decline Predictions as AI Ambitions Gather Pace

By Benson Daniel For years, predictions of China’s economic collapse have appeared with striking regularity. Debt, a property crisis, demographic pressures, political controls...

BusinessPoliticsWorld

Peter Thiel’s Argentina Move Raises Questions Over Wealth, Politics and Apocalypse Fears

By Benson Daniel Billionaire technology investor Peter Thiel’s decision to move his family to Argentina has triggered growing speculation over whether he is...

ActiveNigeria

NIEEE Unveils Plan for Nigeria’s Nationwide Digital Nervous System.

The Nigerian Institute of Electrical and Electronics Engineers (NIEEE) has outlined plans to develop a resilient digital nervous system capable of connecting Nigeria...

ActiveBusinessTechnologyWorld

Survivor Sues Musk’s xAI Over Alleged AI Generated Child Abuse Images

By Benson Daniel A survivor of childhood sexual abuse has accused Elon Musk’s artificial intelligence company xAI of allowing its Grok chatbot to...

ActiveTaraba

FG Considers Technology Innovation Hub to Empower Taraba Youths

The Federal Government is considering plans to establish a Technology Innovation Hub in Taraba State as part of efforts to equip young people...

BusinessTechnologyWorld

Architect of UK AI strategy joins Anthropic amid conflict of interest concerns

By Benson Daniel Matt Clifford, one of the key figures behind Britain’s artificial intelligence strategy, has joined US based AI company Anthropic in...