Jumia’s $50M Raise Gives African E-Commerce Another Lifeline
Jumia has raised $50M from IFC, Axian and other investors as it pushes toward EBITDA breakeven and sustainable African e-commerce.
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Tencent’s AI Spending Surge Shows China Has The Same Compute Problem
Tencent's Q2 revenue beat expectations, but a sharp rise in AI capex shows China's tech giants face the same compute ...
Data-Centre Bans Turn AI Compute Into Local Politics in the U.S
More than 500 US towns and counties have reportedly restricted data-centre projects as AI compute demand hits local power, water ...
Why China May Win The AI Race And How The US Can Still Fight
China may win the AI race through open-weight models, cheaper deployment, power infrastructure and domestic chip pressure, but the US ...
OpenAI Device Leak Sharpens The Apple Hardware Fight
OpenAI's first consumer device is reportedly a puck-sized AI speaker with moving parts, cameras and a $300-plus price.
Shopify Shares Jump As AI And Merchant Growth Lift Outlook
Shopify shares jumped after the company posted 34 percent revenue growth and forecast stronger-than-expected Q3 sales.
Runware Says Portable AI Pods Can Ease Compute Crunch
Runware has launched Sonic Inference Pod, a modular AI data-centre unit designed to bring inference capacity online faster and closer ...
Palantir Revenue Surges 93% As AI Software Demand Keeps Defying Doubters
Palantir reported $1.94 billion in Q2 revenue as U.S. commercial demand surged 149%, lifting guidance and strengthening its AI software ...
Samsung Blocks Smart TV Proxy Apps After Security Research
Samsung is banning smart TV apps that share users internet connections with strangers after research exposed residential proxy SDKs inside ...
Samsung Memory Warning Shows AI Chip Shortage May Last Into 2028
Samsung says memory supply could tighten further in 2027 and remain constrained into 2028 as AI data centres absorb more ...