DeepSeek founder Liang Wenfeng has become the world’s wealthiest founder of a privately held artificial intelligence startup after a multibillion dollar fundraising catapulted the Chinese company into ...
Abu Dhabi-based artificial intelligence investment firm MGX has closed a $49 billion fund dedicated to backing AI companies, creating one of the largest investment vehicles ever focused on the ...
Refiant AI, a California startup founded by South African mathematician Dr Viroshan Naicker, is claiming to have compressed a 120-billion-parameter model to run on a MacBook Pro. It says it has ...
Nigeria’s central bank has revoked the operating licences of 47 microfinance banks, including digital banking units linked to fintech firms, in one of the biggest cleanups of the sector in recent ...
Multilateral development banks committed a record $162.5 billion in climate finance in 2025, marking a significant increase in funding for climate mitigation and adaptation projects. However, concerns ...
The World Bank’s Multilateral Investment Guarantee Agency (MIGA) and Deutsche Bank have launched a €1 billion ($1.17 billion) trade finance guarantee programme aimed at boosting access to credit in ...
Texas paid $4.5 million for four unmarked SUVs built with technology to intercept nearby phones. It is one of a growing list of U.S. agencies buying from Cognyte, an Israeli firm with a controversial ...
The International Monetary Fund cleared $464 million for Ethiopia on July 1, plus a $200 million rephasing tied to war-driven fuel costs, lifting total disbursements under the country’s 48-month, $3.4 ...
Moroccan banks closed a net 151 branches in 2025 as lenders continued to shrink their physical networks amid rising digital banking adoption and cost-cutting efforts, central bank data showed. Bank Al ...
OpenAI has launched GPT-5.6, its newest family of artificial intelligence models, while reaffirming that the technology will remain the preferred model powering Microsoft 365 Copilot. The release ...
Nearly 90 startups attained unicorn status in the first half of 2026 as investors doubled down on companies building AI infrastructure, enterprise software, healthcare technologies and robotics.
Bryan Johnson, the tech entrepreneur turned longevity advocate who says he spends $2 million a year on his health, now says he has been diagnosed with an incurable autoimmune disease that causes his ...