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Technology
Anthropic’s $600 Billion Revenue Ambition and CoreWeave’s Explosive Growth Highlight the AI Boom
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.
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Deutsche Bank Expands Into Institutional Crypto Custody With New Services
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.
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OpenAI Revenue Surges 50% to $10 Billion as Anthropic Founders Prepare $1.75 Billion Stock Sale Ahead of IPO
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.
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US October CPI Rises 0.4% as Bitcoin ETFs Record Fourth Consecutive Day of Outflows
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.
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Palestine’s Postponed Elections: The Challenges of Political Representation and Democratic Renewal
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.
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Traditional Banks Invest $270 Million in Stablecoin Venture as Visa Expands Settlement Support to Monad
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.
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Bitcoin Faces a Critical Market Turning Point as Bearish Indicators Flash Warning Signals
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.
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China Drugmakers Turn to AI Medical Apps as Anti-Corruption Crackdown Disrupts Traditional Sales Channels
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.
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Microsoft Pushes Trump Administration to Avoid China Optical Chip Ban That Could Slow US AI Data Centre Expansion
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.
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Polymarket’s Annualized Revenue Surpasses $1.8 Billion as TON Strategy Records $24 Million Q3 Loss
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.
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Nomura Considers Rebuilding Hong Kong ECM Team as Fundraising Market Rebounds
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.
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OpenAI Revenue Jumps 50% to $10 Billion as Operating Losses Rise to $10.9 Billion
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.
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US and China Establish AI Safety Dialogue as Washington Seeks to Balance Cooperation With Competition
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.
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China Military-Linked University Reportedly Buys Nvidia H200 AI Chips Despite US Export Blacklist
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.
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Investors Shift From Technology Stocks to Defensives as AI Spending Fears Rattle Markets
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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Can South Yorkshire Help Black Tech Founders Build Their First Product—Without Moving to London?
Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond Having a promising technology idea is only the first hurdle. For many early-stage entrepreneurs, the bigger challenge… Can South Yorkshire Help Black Tech Founders Build Their First Product—Without Moving to London? Innov8tiv.com
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Jensen Huang’s exit puts Nvidia’s African AI bet to the test
Before he resigned as Nvidia chief executive, Jensen Huang singled out African markets as where US technology companies should compete.
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What Are Contract Templates and How Do They Work?
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.
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9 Best Affordable Hosting Providers for Express.js APIs
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.
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Top legit dating websites in Ukraine for serious romance
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.
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Top 5 Casino Games in Liberia You Should Try
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.
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Jensen Huang has resigned as Nvidia’s CEO. CFO Colette Kress takes over for now
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
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How eHealth Africa is using tech to close Nigeria’s immunisation gaps
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 […]
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Nigeria has tap-to-pay. Now it needs a reason to tap
Nigeria's tap to pay infrastructure is expanding, but consumer habits could slow widespread adoption.
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Would You Switch Banks for Fewer Fee Surprises? Fair.ng Is Betting on It
Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond How much does a routine transfer or foreign currency purchase actually cost? Checking an account balance is… Would You Switch Banks for Fewer Fee Surprises? Fair.ng Is Betting on It Innov8tiv.com
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Google.org Backs Helium Health With $2.5 Million. What Could It Change for Nigerian Mothers?
Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond Identifying a pregnancy complication is only useful if a mother can obtain appropriate care in time. Across… Google.org Backs Helium Health With $2.5 Million. What Could It Change for Nigerian Mothers? Innov8tiv.com
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👨🏿‍🚀TechCabal Daily – Ghana’s big 5G promise
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How to Fly in Pokémon GO: The Complete iOS and Android Guide
In the Pokémon GO community, “flying” is a popular slang term for GPS location spoofing—using a third-party tool to simulate virtual movement so you can catch Pokémon, spin PokéStops, and join raids around the world without leaving your home. While flying opens up global gameplay, it directly violates Niantic’s Terms of Service and carries an […] The post How to Fly in Pokémon GO: The Complete iOS and Android Guide appeared first on Tekedia.
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Oura to Acquire AI Healthcare Company Counsel Health for $625m in Push Beyond Wearables
Smart-ring maker Oura has agreed to acquire virtual primary care company Counsel Health for $625 million in an all-cash transaction, bringing together its biometric monitoring technology and an AI-enabled healthcare platform that connects patients with licensed physicians. The acquisition gives Oura a direct route into virtual healthcare services, extending its business beyond tracking sleep, activity, […] The post Oura to Acquire AI Healthcare Company Counsel Health for $625m in Push Beyond Wearables appeared first on Tekedia.
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Anthropic’s $1.4tn IPO Tests Investor Appetite for AI as Revenue Surges 1,206%
Anthropic is preparing to enter the public markets with a valuation of up to $1.4 trillion, using extraordinary revenue growth and rising corporate adoption of its Claude AI platform to support what could become one of the largest initial public offerings in history. The scale of the proposed listing reflects how quickly the economics of […] The post Anthropic’s $1.4tn IPO Tests Investor Appetite for AI as Revenue Surges 1,206% appeared first on Tekedia.
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Asian Stocks Rally as CoreWeave Earnings Ease AI Bubble Fears, US Inflation Fuels Rate Hike Bets
Asian stocks advanced on Wednesday as strong quarterly results from CoreWeave revived investor confidence in artificial intelligence infrastructure spending, while hotter-than-expected US inflation pushed bond yields higher and strengthened expectations of an aggressive Federal Reserve response. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.9%, extending its gains to a third consecutive session. South […] The post Asian Stocks Rally as CoreWeave Earnings Ease AI Bubble Fears, US Inflation Fuels Rate Hike Bets appeared first on Tekedia.
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Amazon’s Ring Expands Surveillance Business With $250 Drone Camera and $1,000 Autonomous Security Robot
Amazon’s Ring is expanding beyond conventional home security cameras with two autonomous surveillance devices designed to monitor homes and commercial properties, deepening its push into a smart home market increasingly shaped by robotics and artificial intelligence. The company unveiled the $250 Ring Drone Cam on Tuesday, an indoor security camera that can fly between rooms, […] The post Amazon’s Ring Expands Surveillance Business With $250 Drone Camera and $1,000 Autonomous Security Robot appeared first on Tekedia.
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CoreWeave Reports $3.66bn Q3 Revenue, Raises 2026 Forecast as AI Demand Holds, but Debt Costs Threaten Expansion
CoreWeave delivered stronger-than-expected quarterly revenue and raised its 2026 financial outlook, offering fresh evidence that demand for artificial intelligence computing capacity remains robust even as investors reassess the cost and profitability of the infrastructure boom. The results provide a contrast with the sharp sell-off in AI infrastructure stocks over the past month. CoreWeave has lost […] The post CoreWeave Reports $3.66bn Q3 Revenue, Raises 2026 Forecast as AI Demand Holds, but Debt Costs Threaten Expansion appeared first on Tekedia.
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Binance’s MEXC Restrictions Reveal a Growing Battle for Control of the Crypto Exchange Market
Binance’s decision to stop accepting assets originating from MEXC has reignited debate about competition, market dominance, and the changing balance of power in the cryptocurrency industry. While the restriction may appear to be a routine exchange policy, critics believe it reflects a much deeper struggle involving reputation, liquidity, and the growing influence of competing platforms. […] The post Binance’s MEXC Restrictions Reveal a Growing Battle for Control of the Crypto Exchange Market appeared first on Tekedia.
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Bitcoin May Struggle to Recover Even as AI Stocks Rebound, Bitunix Research Warns
Bitcoin could face a difficult recovery even if technology stocks regain momentum, according to new research from cryptocurrency exchange Bitunix. The analysis suggests that the relationship between digital assets and traditional financial markets is becoming more complicated, with several independent factors now influencing Bitcoin’s price performance. Although a rebound in artificial intelligence stocks could improve […] The post Bitcoin May Struggle to Recover Even as AI Stocks Rebound, Bitunix Research Warns appeared first on Tekedia.
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Anthropic Opens Australian Retail IPO Ahead of $90.4 Billion Nasdaq Offering
Anthropic has opened its Australian retail initial public offering, giving individual investors in the country an opportunity to buy shares in the maker of Claude ahead of its planned Nasdaq listing. The offer opened at 10 a.m. Australian Eastern Daylight Time on Wednesday and is scheduled to close at 5 p.m. on November 17, according […] The post Anthropic Opens Australian Retail IPO Ahead of $90.4 Billion Nasdaq Offering appeared first on Tekedia.
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