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Tech

Software companies pause debt issuances over AI disruption threats

Software companies are postponing debt deals as rising borrowing costs and increased lender scrutiny weigh on the sector, even as growing pressure from artificial intelligence threatens their business models. Firms in the United States and abroad have already paused or delayed fundraising, with lenders and investors bracing for AI to disrupt the industry, according to […]

Bill Gates to donate 99% of fortune, to shut foundation by 2045
Conferences

Bill Gates pulls out of India AI summit over Epstein link

Bill Gates has cancelled his scheduled keynote address at the India AI Impact Summit in New Delhi, the Gates Foundation confirmed on Thursday, following renewed scrutiny after his name appeared in the latest tranche of Jeffrey Epstein files released by the US Justice Department. “After careful consideration, and to ensure the focus remains on the […]

Business

India’s Adani pledges $100bn for AI data centres by 2035

The Adani Group of India announced on Tuesday its plan to invest $100 billion by 2035 in developing hyperscale AI-ready data centres powered by renewable energy. This move supports New Delhi’s efforts to position the country as a major global hub for artificial intelligence. The announcement aligns with India’s ongoing five-day global AI summit, which […]

Aviation Tech

Travel, leisure stocks divide as AI disruption worries mount

Concerns about artificial intelligence disrupting the travel industry have triggered a sharp split in the sector, dragging down shares of online booking platforms while boosting traditional hotel operators. The contrast has been striking, according to a report by Bloomberg on Friday. In the report, the shares of TripAdvisor Inc. has tumbled 29 per cent this […]

Tech

AI fears hit markets after Anthropic unveils automation tools

Investors have spent months grappling with uncertainty over how artificial intelligence might transform the economy, but those concerns spilled into the stock market last week. The catalyst was AI startup Anthropic, which rolled out new tools designed to automate tasks across sectors such as legal services, data analysis and financial research. The announcement stoked fears […]

Conferences

Lagos urges private sector partnership to accelerate AI adoption

The Lagos State Government has said collaboration with the private sector is critical to accelerating artificial intelligence adoption in Nigeria, as stakeholders warn that innovation is advancing faster than governance and infrastructure. The position was reinforced at the “AI in Action Now” Conference 2026, held at the Lagos Oriental Hotel, where technology leaders, regulators and […]

Technology

Africa, Middle East lag behind in business AI adoption — W’Bank

Artificial intelligence adoption among businesses remains lowest in Sub-Saharan Africa and the Middle East, highlighting a widening digital divide across emerging regions, according to a new World Bank survey. The survey, conducted in June 2025, covered more than 2,200 companies across over 85 countries backed by the World Bank Group’s private-sector arm or by private […]

Technology

NiMet launches AI team to boost weather forecasting

The Nigerian Meteorological Agency has inaugurated an Artificial Intelligence Research and Integration Team as part of renewed efforts to strengthen innovation, drive digital transformation, and enhance service delivery in weather and climate forecasting. The Director General and Chief Executive Officer of NiMet, Charles Anosike, disclosed this development in a statement issued by the agency on […]

Technology

Global tech stocks surge as AI fuels markets

Global equity markets have opened 2026 on a strong footing, with notable momentum in sectors linked to artificial intelligence and data-centre infrastructure. The rally has been largely fuelled by sustained investor demand for technology stocks, reflecting confidence in the long-term growth prospects of the sector. Major global indices have responded positively to this trend, with […]

China proposes global AI body to challenge US dominance
Technology

AI jobs surge globally as emerging economies embrace technology

AI-related job vacancies have increased ninefold worldwide since 2021, with middle-income countries now accounting for one in five of the new roles created, according to the World Bank. The trend signals a growing shift in how artificial intelligence is reshaping global labour markets beyond traditional advanced economies. The data is contained in the World Bank’s […]

Scams

Deepfake fraud surges 967% in Africa — Report

Africa’s digital economy is entering a new and more perilous phase as fraudsters abandon low-effort schemes for advanced, AI-driven tactics, with deepfake-based attacks recording explosive growth across several countries. This signifies an emerging era of high-skill fraud powered by synthetic media and automated deception tools. According to the newly released Sumsub Identity Fraud Report 2025–2026, […]

featured Technology

AI could widen gap between rich, poor nations — UN

The United Nations has issued a strong warning that artificial intelligence could significantly widen the divide between wealthy and poorer nations “if urgent action is not taken to make the technology accessible to everyone.” This warning was delivered in a new report released on Tuesday by the United Nations Development Programme. The report suggests that […]