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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, […]

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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 […]

Opinion

AI will define Africa’s digital economy future — Kora CEO

The Chief Executive Officer of Africa’s leading payment infrastructure company, Kora, Mr. Dickson Nsofor, has posited that Artificial Intelligence would play a defining role in the next chapter of Africa’s digital economy. Nsofor stated this while briefing newsmen on plans to host its 2025 edition of Sundown Sessions, an event themed “AI in Africa: Scaling […]

Aviation

Tripadvisor harnesses AI to redefine travel discovery, planning

Tripadvisor, a travel platform is harnessing artificial intelligence to transform how travelers discover destinations and plan trips. According to the company’s head of data and AI, Rahul Todkar, combining rich user data with personalized insights in a ChatGPT-powered environment creates what he describes as “magic.” The travel platform which hosts over one billion user-generated reviews […]

Amazon cuts jobs in books division amid broader efficiency push
Technology

New AI robotics could see Amazon avoid hiring 160,000 workers

Amazon announced on Wednesday that it is accelerating the automation of its warehouses using artificial intelligence and robotics, a move that immediately raises questions about the future of its human workforce. The e-commerce giant, which is known for its promise of quick deliveries and is the second-largest employer in the United States, showcased robotic arms […]

Meta tests in-house AI chip to reduce reliance on Nvidia
Business

Meta cuts 600 jobs in AI division

Facebook owner Meta is cutting 600 jobs in its artificial intelligence division, a move United States media reported Wednesday is intended to streamline operations following a period of aggressive hiring. According to reports in the Wall Street Journal, the New York Times, and other publications, the job cuts will not affect the TBD Lab, an […]

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