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Technology

Anthropic’s IPO Has a $42 Billion Loss, a $518 Billion AI Bet—and a Warning That Its Own Technology Could Threaten Humanity

Anthropic’s IPO Has a $42 Billion Loss, a $518 Billion AI Bet—and a Warning That Its Own Technology Could Threaten Humanity

Anthropic is heading toward one of the most closely watched IPOs in technology history with extraordinary revenue growth, enormous infrastructure commitments and an unusually stark… Read Article →

AI Could Create More Jobs Than It Destroys by 2035—But 11 Million Americans May Still Need to Start Over

AI Could Create More Jobs Than It Destroys by 2035—But 11 Million Americans May Still Need to Start Over

Artificial intelligence may not trigger the mass unemployment crisis many fear. But according to new McKinsey research, millions of American workers could still be forced… Read Article →

Nigeria’s BVN Database Crosses 70 Million as Banks Tighten Fraud Controls

Nigeria’s BVN Database Crosses 70 Million as Banks Tighten Fraud Controls

Nigeria’s Bank Verification Number database has crossed the 70 million mark, highlighting the growing role of biometric identity verification in the country’s fight against banking… Read Article →

NiMet Unveils Digital Weather Push to Help Nigerian Farmers Beat Climate Risks and Boost Food Security

NiMet Unveils Digital Weather Push to Help Nigerian Farmers Beat Climate Risks and Boost Food Security

Nigeria is turning to digital weather services and artificial intelligence to help farmers cope with unpredictable rainfall, extreme weather and the growing risks posed by… Read Article →

Oura Delays $13.5 Billion IPO Despite Strong Demand as Market Uncertainty Takes Its Toll

Oura Delays $13.5 Billion IPO Despite Strong Demand as Market Uncertainty Takes Its Toll

Oura has put its planned stock-market debut on hold, even after building strong momentum and attracting significant investor demand for its highly anticipated IPO. The… Read Article →

Anthropic Lost $42 Billion Last Year as AI Costs Exploded—and Its Infrastructure Commitments Are Even BiggerWorkflows to ChatGPT Mobile

Anthropic Lost $42 Billion Last Year as AI Costs Exploded—and Its Infrastructure Commitments Are Even Bigger

Anthropic is burning through cash at an extraordinary rate as the AI company races to scale its technology, with billions already spent on computing and… Read Article →

Sergey Brin Has Bet $102 Million on Defeating California’s Billionaire Tax—But Could Owe $13 Billion If It Passes

Sergey Brin Has Bet $102 Million on Defeating California’s Billionaire Tax—But Could Owe $13 Billion If It Passes

Sergey Brin has put an extraordinary price tag on his opposition to California’s proposed billionaire tax: $102 million and counting. The Google cofounder has emerged… Read Article →

Anthropic’s IPO Bombshell: $42 Billion Loss, Soaring AI Costs and a Valuation Above $2 Trillion

Anthropic’s IPO Bombshell: $42 Billion Loss, Soaring AI Costs and a Valuation Above $2 Trillion

Anthropic is heading toward one of the most closely watched technology listings in recent years, but its IPO prospectus has revealed a financial picture that… Read Article →

PiggyVest’s Big Shift: Why the Fintech Is Moving Beyond Saving to Help Nigerians Earn More

PiggyVest’s Big Shift: Why the Fintech Is Moving Beyond Saving to Help Nigerians Earn More

For years, saving money has been at the heart of PiggyVest’s appeal to Nigerians looking for a simpler way to manage their finances. But as… Read Article →

Nigeria’s Smartphone Boom Is Reshaping How Millions Shop, Pay and Work

Nigeria’s Smartphone Boom Is Reshaping How Millions Shop, Pay and Work

Nigeria is moving deeper into a mobile-first economy, with smartphone adoption climbing sharply and changing how consumers communicate, shop, manage money, work and access digital… Read Article →

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