The AI hype is generating a new global memory chip supply crisis.
An acute global scarcity of memory chips is driving artificial intelligence and consumer electronics businesses to struggle for shrinking supply, as prices jump for the
Dangote’s Kenyan refinery project faces hurdles, including crude supply and funding.
Billionaire Aliko Dangote is determined to duplicate Africa's largest oil refinery on the other coast of the continent, less than three years after overcoming rising
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
AI will make the rich unfathomably richer and the poor wretched. – UN report.
There are challenging realities hidden behind the excitement surrounding artificial intelligence’s potential, such as how this technology can impact those who are already at a
Amazon and Google unveil multicloud service to improve network interoperability.
In response to the increasing demand for dependable connectivity, Amazon and Google announced a jointly created multicloud networking service on Sunday, according to a statement
Micron commits $9.6 billion to build an AI memory chip facility in Japan.
The Nikkei reported on Saturday that Micron Technology will invest 1.5 trillion yen ($9.6 billion) to construct a new plant in Hiroshima, western Japan, to
US shoppers ditch queues for digital carts as online spending surges above $11.8 billion.
U.S. consumers spent $11.8 billion online on Black Friday as more people used their phones and laptops rather than braving the cold to take advantage
Banks are in talks to lend Oracle and Vantage $38 billion to build OpenAI sites.
The Financial Times reported on Friday that a consortium of banks was in negotiations to lend an additional $38 billion to Oracle and data centre
The EU approves new regulations to prevent online fraud.
The European Parliament announced on Thursday that it and EU member states have reached an agreement on new regulations that would compel banks and other
China’s Alibaba Group revenue soars 34% on cloud and AI boom.
Thanks to the surge in artificial intelligence, China’s Alibaba Group reported a 34% increase in revenue from its cloud division in its most recent quarter.
Alphabet’s market cap to hit $4 trillion as AI develops traction.
With a remarkable year-long run driven by the Google parent company’s increased emphasis on artificial intelligence capabilities, Alphabet was on track to reach a milestone
Africa’s renewable energy gets a financing boost of $2.3 billion from the European Investment Bank.
Over the next two years, the European Investment Bank (EIB) has committed to funding renewable energy projects in Africa with more than 2 billion euros
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