Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond With applications closing tomorrow, November 13, 2026, early-stage African women tech entrepreneurs have one last chance to… The Future Is Female Mentorship Applications Close Tomorrow: What African Women Tech Founders Should Know Innov8tiv.com

Nvidia’s leadership crisis has reached a decisive point, with co-founder Jensen Huang resigning as president and chief executive just days after admitting to an extramarital affair that triggered questions about corporate governance, national security and the company’s dependence on its long-serving leader. The chipmaker said in a regulatory filing on Thursday that its board accepted […] The post Nvidia Shares Plunge as Jensen Huang Resigns, Leaving $4tn AI Chipmaker Without Permanent Successor appeared first on Tekedia.

Chinese artificial intelligence companies are seeking to secure access to Nvidia-powered data centers outside China, fearing that a controversy involving the chipmaker’s chief executive, Jensen Huang, could give Washington fresh impetus to restrict their ability to use advanced US processors remotely. Three people familiar with the matter told Reuters that a major Chinese cloud provider […] The post Chinese AI Firms Rush to Secure Overseas Nvidia Computing Capacity Amid US Export Control Fears appeared first on Tekedia.

Oil prices edged lower on Thursday as renewed attacks on shipping in the Strait of Hormuz and uncertainty over negotiations involving Iran and Ukraine offset expectations of increased crude supply. Brent crude futures fell 37 cents, or 0.4%, to $92.39 a barrel at 0946 GMT, while US West Texas Intermediate crude declined by the same […] The post Oil Prices Slip as Strait of Hormuz Attacks Offset Higher OPEC+ Output, Treasury Yields Rise appeared first on Tekedia.

Global stocks fell on Thursday as concerns over Nvidia’s leadership intensified pressure on technology shares, with an 8.8% plunge in the chipmaker’s stock after hours spreading losses across Asian markets and weighing on US equity futures. The sell-off followed reports that Nvidia’s board had met to consider whether to remove longtime chief executive Jensen Huang, […] The post Global Stocks Slide as Nvidia Leadership Crisis Hits Chipmakers and AI Trade appeared first on Tekedia.

India’s central bank is preparing rules that could prevent private equity firms from exercising control over more than one non-bank lender, a move aimed at limiting the risk that financial distress at a major investment firm could spread across several institutions in the country’s rapidly expanding credit market. The Reserve Bank of India (RBI) is […] The post India Considers Limits on Private Equity Control of Multiple Non-Bank Lenders to Contain Financial Risks appeared first on Tekedia.

Citi is seeking to expand its foreign exchange and cross-border banking businesses by capitalizing on the international growth of Chinese companies and the increasing use of the yuan in global trade, according to Reuters. The strategy positions the Wall Street bank to benefit from Beijing’s efforts to promote the yuan as an international currency, even […] The post Citi Targets Chinese Global Expansion and Rising Yuan Use to Grow Currency Business appeared first on Tekedia.

Google’s investment in artificial intelligence company Anthropic is emerging as one of the most valuable strategic bets in the rapidly expanding AI industry. The technology giant’s reported $33 billion investment is expected to translate into an approximately 10% ownership stake in Anthropic, potentially worth $132 billion based on the company’s latest valuation expectations. At the […] The post Google’s $33 Billion Anthropic Investment Could Become a $132 Billion Stake as IPO Demand Surges appeared first on Tekedia.

Bitcoin’s relationship with traditional financial markets is becoming increasingly visible as volatility spreads across global assets. During last week’s market selloff, Bitcoin’s correlation with US equities climbed significantly, highlighting how digital assets can become vulnerable when broader financial markets experience sudden declines. According to Fidelity Investments’ Jurrien Timmer, the growing correlation was part of a […] The post Bitcoin’s Correlation With US Stocks Rises as Market Selloff Spreads Beyond AI Shares appeared first on Tekedia.

American stockbroker and financial commentator Peter Schiff, has challenged President Donald Trump’s explanation of his recent wealth gains. Trump had attributed increases in his net worth to the performance of the broader stock market and the idea that he had prospered alongside other investors. Schiff argued that a substantial portion of those gains instead came […] The post Peter Schiff Disputes Trump’s Stock Market Wealth Narrative, Cites $1.4 Billion from Meme Coin appeared first on Tekedia.

Crypto analyst Michael Van De Poppe has urged investors to buy the dip amid a 15-20% crypto market correction in November, calling it a poor time to sell ahead of expected capital inflows. Poppe issued a clear message to investors: selling into weakness now risks missing one of the cycle’s most significant opportunities. He wrote […] The post Michael van de Poppe Advises Crypto Investors Against Selling Amid November Market Slump appeared first on Tekedia.

Anthropic’s planned initial public offering is drawing attention to its valuation ambitions and the wealth its founders are preparing to realise. Meanwhile, reports that a Chinese university linked to the People’s Liberation Army obtained restricted Nvidia processors highlight another challenge for artificial intelligence: controlling access to powerful technology as competition intensifies. According to Anthropic’s updated […] The post Anthropic Founders Prepare $1.75B Stock Sale as Nvidia Chip Restrictions Face New China Test appeared first on Tekedia.

The artificial intelligence industry is entering a new phase of expansion as investment in advanced models, computing infrastructure and enterprise applications accelerates. Goldman Sachs projects that Anthropic’s revenue could exceed $600 billion by 2030, reflecting the enormous commercial opportunity surrounding generative AI. Meanwhile, CoreWeave has reported another impressive quarter, recording $3.66 billion in third-quarter revenue, […] The post Anthropic’s $600 Billion Revenue Ambition and CoreWeave’s Explosive Growth Highlight the AI Boom appeared first on Tekedia.

Deutsche Bank is strengthening its position in the rapidly evolving digital asset industry by rolling out cryptocurrency custody services for institutional clients. The move represents another important step in the integration of traditional banking and blockchain-based financial infrastructure, as major financial institutions increasingly recognize the commercial opportunities emerging from digital assets. Crypto custody has become […] The post Deutsche Bank Expands Into Institutional Crypto Custody With New Services appeared first on Tekedia.

OpenAI’s reported third-quarter revenue growth and Anthropic’s planned share sale ahead of its initial public offering highlight the extraordinary financial momentum surrounding artificial intelligence. The developments reveal two sides of the sector’s rapid expansion: rising demand for AI services is translating into substantial revenue, while early investors and founders are preparing to realise significant value […] The post OpenAI Revenue Surges 50% to $10 Billion as Anthropic Founders Prepare $1.75 Billion Stock Sale Ahead of IPO appeared first on Tekedia.

The United States inflation outlook is facing renewed uncertainty after October’s Consumer Price Index (CPI) increased by 0.4% month over month, exceeding economists’ expectations of 0.3%. The higher-than-anticipated reading highlights persistent price pressures in the world’s largest economy and could complicate the Federal Reserve’s monetary policy decisions. Meanwhile, US spot Bitcoin exchange-traded funds (ETFs) recorded […] The post US October CPI Rises 0.4% as Bitcoin ETFs Record Fourth Consecutive Day of Outflows appeared first on Tekedia.

The postponement of Palestine’s legislative elections, scheduled for November 28, 2026, has exposed the political crisis facing Palestinians. President Mahmoud Abbas has set September 11, 2027, for simultaneous presidential and legislative elections. The delay may be presented as a practical response to extraordinary conditions, but it extends a democratic vacuum that has weakened confidence in […] The post Palestine’s Postponed Elections: The Challenges of Political Representation and Democratic Renewal appeared first on Tekedia.

The global financial industry is accelerating its adoption of blockchain technology as major financial institutions and payment companies deepen their involvement in digital assets. Goldman Sachs, Citigroup, Santander and Deutsche Bank have reportedly committed approximately $270 million to a joint stablecoin venture, highlighting the growing interest among traditional banks in developing blockchain-based financial infrastructure. Meanwhile, […] The post Traditional Banks Invest $270 Million in Stablecoin Venture as Visa Expands Settlement Support to Monad appeared first on Tekedia.

Bitcoin is approaching a critical turning point as several major market indicators simultaneously signal weakening momentum. After months of volatility and changing investor sentiment, the cryptocurrency market is facing a combination of pressures that could determine its next major direction. Recent data suggests that Bitcoin is experiencing one of its weakest demand environments in months, […] The post Bitcoin Faces a Critical Market Turning Point as Bearish Indicators Flash Warning Signals appeared first on Tekedia.

Chinese pharmaceutical companies are shifting more of their engagement with doctors towards artificial intelligence-powered medical platforms, seeking new ways to promote medicines and clinical research after a government crackdown on healthcare corruption made traditional hospital-based marketing more difficult. A growing number of AI assistants designed specifically for medical professionals have entered China’s market this year, […] The post China Drugmakers Turn to AI Medical Apps as Anti-Corruption Crackdown Disrupts Traditional Sales Channels appeared first on Tekedia.

Microsoft and other major technology companies are urging the Trump administration to reconsider a proposed ban on Chinese-made optical transceivers, warning that restricting the components could disrupt the supply chains needed to connect powerful AI chips and slow the expansion of US data centers. The lobbying effort, which was first reported by Reuters, citing sources, […] The post Microsoft Pushes Trump Administration to Avoid China Optical Chip Ban That Could Slow US AI Data Centre Expansion appeared first on Tekedia.

The digital asset industry continues to demonstrate how different business models can produce sharply contrasting financial outcomes. While prediction market platform Polymarket is reporting annualized revenue exceeding $1.8 billion, TON Strategy has recorded a $24 million net loss for the third quarter of 2026, largely driven by a significant decline in the value of its […] The post Polymarket’s Annualized Revenue Surpasses $1.8 Billion as TON Strategy Records $24 Million Q3 Loss appeared first on Tekedia.

Japan’s Nomura Holdings is considering hiring investment bankers to rebuild its equity capital markets business in Hong Kong, potentially reversing a retreat from the financial hub as Chinese companies return to the market to raise capital. The bank is holding preliminary internal discussions about recruiting bankers for its Hong Kong operation, two people familiar with […] The post Nomura Considers Rebuilding Hong Kong ECM Team as Fundraising Market Rebounds appeared first on Tekedia.

OpenAI’s revenue climbed approximately 50% to $10 billion in the third quarter, but the company continued to record substantial operating losses, revealing the financial challenge facing AI developers as they scale their businesses and prepare to meet growing investor expectations. The figures, reported by The Wall Street Journal on Tuesday from documents shared with investors, […] The post OpenAI Revenue Jumps 50% to $10 Billion as Operating Losses Rise to $10.9 Billion appeared first on Tekedia.

The United States and China have agreed to establish a dialogue mechanism to manage risks from advanced artificial intelligence, even as both governments continue competing for dominance in the technology, US Treasury Secretary Scott Bessent has said. In prepared remarks to the National Committee on US-China Relations in New York on Tuesday, Bessent said the […] The post US and China Establish AI Safety Dialogue as Washington Seeks to Balance Cooperation With Competition appeared first on Tekedia.

A Chinese university with close ties to the country’s military has purchased Nvidia’s advanced H200 artificial intelligence chips despite being subject to US export restrictions, exposing weaknesses in Washington’s efforts to prevent sensitive computing technology from reaching institutions linked to China’s defense sector. Northwestern Polytechnical University, one of China’s elite defense-focused institutions, bought two H200 […] The post China Military-Linked University Reportedly Buys Nvidia H200 AI Chips Despite US Export Blacklist appeared first on Tekedia.

Global equity markets are showing signs of a significant shift in investor positioning, with money moving away from volatile technology stocks towards defensive sectors such as healthcare, consumer staples and utilities as concerns about artificial intelligence spending and the economic outlook intensify. The rotation has prompted analysts to describe markets as being in a “state […] The post Investors Shift From Technology Stocks to Defensives as AI Spending Fears Rattle Markets appeared first on Tekedia.

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Before he resigned as Nvidia chief executive, Jensen Huang singled out African markets as where US technology companies should compete.

Companies juggle endless contracts and paperwork every single day, ranging from staff hiring terms and vendor deals all the way to sales orders and secrecy pacts. Spinning up each contract completely from zero drains precious hours, breeds sloppy inconsistencies, and ramps up the odds of costly mistakes. Implementing a standardized playbook helps legal and operations […] The post What Are Contract Templates and How Do They Work? appeared first on Tekedia.

Does the API need to answer right away after an hour with no traffic? Settle that before comparing hosting prices. A sleeping demo and a customer API that stays awake can run the same Express code, yet need different plans. Then decide whether the budget covers just the Node process or its database as well. […] The post 9 Best Affordable Hosting Providers for Express.js APIs appeared first on Tekedia.

Western gentlemen pursuing lifelong companionship frequently look toward Eastern Europe, where cultural priorities place marriage, mutual support, and maternal care at the foundation of a shared future. Ukrainian women are known for pairing modern professional achievements with dedication to classic domestic warmth, creating balanced partnerships built on emotional security. However, men pursuing a genuine serious […] The post Top legit dating websites in Ukraine for serious romance appeared first on Tekedia.

Online casino games in Liberia are becoming more and more popular. One reason may be that, compared to football and other sports, they are easier to understand and you can quickly find your own strategy. Of course, it depends on each person’s taste. Some people even enjoy both: football because it is more dynamic, and […] The post Top 5 Casino Games in Liberia You Should Try appeared first on Tekedia.

Jensen Huang has resigned as Nvidia’s CEO. CFO Colette Kress takes over for now Jensen Huang resigned as Nvidia’s CEO on 12 November 2026, effective immediately. CFO Colette Kress is interim CEO while the board searches for a replacement. TechCity

Getting a vaccine to a child starts long before anyone loads a cold box. It starts with knowing the child’s community exists. About 2.1 million Nigerian children, representing 24% of the country’s estimated 8.7 million under-one population, had not received a single routine vaccine dose, according to the United Nations Children’s Fund (UNICEF). The 2023 […]

Nigeria's tap to pay infrastructure is expanding, but consumer habits could slow widespread adoption.