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TSMC Posts 60% Surge In First Quarter Profit.
TSMC the world's largest contract chipmaker, posted a 60% jump in first-quarter net profit.
The profit, beating market forecasts as it benefited from surging demand for semiconductors used in artificial intelligence applications.…
Africa Must Lead AI Revolution Through Strategic, Inclusive Innovation –NITDA DG
To strengthen Africa’s foundation in AI-driven innovation, industry leaders across the continent have been encouraged to integrate Artificial Intelligence (AI) into their organizational, business, and operational frameworks.
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OpenAI to Begin Charging VAT in Kenya
The company behind ChatGPT, OpenAI, will begin applying a 16% Value-Added Tax (VAT) on subscriptions and services for Kenyan users starting May 1, 2025. This update, communicated via email, instructs users to submit valid Kenya Revenue…
Vertiv Unveils New Regional Structure to Strengthen Africa Operations
A global leader in critical digital infrastructure and continuity solutions, Vertiv, has announced a strategic restructuring of its operations across Africa to strengthen its market presence and improve customer engagement. The…
GITEX AFRICA Morocco 2025 Kicks Off, Driving Digital Innovation, Global Collaboration
GITEX AFRICA Morocco, the continent’s largest technology and startup exhibition, has officially opened its doors, welcoming leading players from local, regional, and global digital ecosystems. The event is set to accelerate new partnerships…
Nigeria Positions Itself as Africa’s AI Hub with Bold Strategy Launch
Nigeria has made a major move toward becoming a frontrunner in Artificial Intelligence (AI) with the unveiling of its National AI Strategy, according to Dr. Bosun Tijani, Minister of Communications, Innovation, and Digital Economy.
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NITDA, SECDOJO, Sign Mou To Improve Cyber Resilience In Nigeria
By Othniel Canice, Abuja.
In an effort to strengthen resilience against cyber threats through targeted capacity building initiatives, the National Information Technology Development Agency (NITDA), has signed a Memorandum of…
Alphabet, Nvidia Invest in Sutskever’s AI Startup Superintelligence
Alphabet (GOOGL.O) and Nvidia (NVDA.O) have joined leading venture capital firms in backing Safe Superintelligence (SSI), an AI startup co-founded by former OpenAI chief scientist Ilya Sutskever, according to a source familiar with the…
Agency Trains Youths On Microwave Communication Plus Telecommunications Maintenance
The National Space Research and Development Agency (NASRDA) has begun the training of 50 youths on microwave communications, telecommunications installation and maintenance skills acquisition.
The two weeks programme is being…
Meta Boss Defends Company In Social Media Monopoly Trial
Meta boss Mark Zuckerberg has taken the witness stand in a landmark antitrust trial to defend his company against allegations that his company operates a social media monopoly.
His testimony is part of a case first brought by…