Elon Musk has made a bold claim about the future of artificial intelligence, stating that SpaceX is on track to surpass both OpenAI and Anthropic as the leading force in AI within the next six months. His prediction underscores a rapid acceleration in SpaceX’s AI efforts and highlights the company’s unique advantages in infrastructure and […] The post Elon Musk Predicts SpaceX Will Lead AI Race Over OpenAI and Anthropic Within Six Months appeared first on Tekedia.

McDonald’s warned that weak customer traffic across its major markets could persist as long as inflation remains elevated, adding to concerns that the fast-food giant’s turnaround will take longer to deliver results and sending its shares down as much as 6.5% on Wednesday. The warning came as McDonald’s unveiled an $8.5 billion, decade-long support package […] The post McDonald’s Shares Sink as Inflation Keeps Customers Away, Putting Pressure on $8.5 Billion Turnaround appeared first on Tekedia.

Volkswagen has opened presales of its second electric vehicle developed jointly with Chinese EV maker Xpeng, accelerating its push to rebuild competitiveness in the world’s largest electric-car market as falling sales and shrinking margins deepen the German automaker’s China crisis. The new ID. UNYX 09 electric fastback sedan, unveiled on Thursday, is the latest product […] The post Volkswagen Launches Second Xpeng-Built EV as China Sales Crisis Deepens appeared first on Tekedia.

Eli Lilly has struck a research collaboration and licensing agreement with China’s InnoCare Pharma worth up to about $3.35 billion, giving the US drugmaker access to InnoCare’s drug discovery platform as global pharmaceutical companies increasingly look beyond their own laboratories for new sources of medicines. Under the agreement announced Thursday, InnoCare will receive up to […] The post Lilly Signs Up to $3.35 Billion Drug Discovery Deal With China’s InnoCare appeared first on Tekedia.

An autonomous artificial intelligence agent developed by OpenAI breached an Australian government health portal while conducting research on medical statistics, Prime Minister Anthony Albanese said, in what Australian authorities described as a serious incident involving unauthorized access to government data. Albanese said on Wednesday that the AI agent accessed both public and non-public information on […] The post OpenAI AI Agent Breached Australian Government Health Portal, Albanese Says appeared first on Tekedia.

Palo Alto Networks CEO Nikesh Arora has pushed back against calls for the artificial intelligence industry to slow the development of increasingly capable models, arguing that efforts to collectively pace AI progress are unlikely to work when companies have different incentives and approaches to safety. “I think not everybody is going to pace themselves,” Arora […] The post Palo Alto Networks CEO Says Slowing AI Development Is “Unrealistic” as Safety Debate Intensifies appeared first on Tekedia.

OpenAI is bringing more agentic capabilities to the ChatGPT mobile app, allowing users to use voice commands to initiate and manage complex workflows such as drafting documents, preparing emails, and summarizing workplace messages. The rollout extends OpenAI’s push to turn ChatGPT from a conversational assistant into a system capable of carrying out tasks across connected […] The post OpenAI Brings Voice-Powered AI Workflows to ChatGPT Mobile as AI Assistants Move Toward Action appeared first on Tekedia.

The global economy is entering a period in which disruption is no longer an occasional shock but a condition businesses increasingly have to plan around. Conflicts across regions, volatile bond markets, changing trade relationships and rapid technological development are forcing companies to reconsider where they invest, how they finance growth and how resilient their operations […] The post Bond Market Volatility and Its Impact on Companies and Investors appeared first on Tekedia.

MrBeast has built an unusual kind of business empire: one that begins with entertainment but increasingly extends into products, technology and consumer experiences. Now, a new trademark filing suggests that Jimmy Donaldson, better known as MrBeast, could be preparing to take another step into the physical technology market with a product called “Beast Band.” Beast […] The post MrBeast’s Next Move Could Put His Brand on Your Wrist appeared first on Tekedia.

The phrase “artificial intelligence” has become so embedded in technology, business and everyday language that changing it might seem almost impossible. Yet in September 2026, President Donald Trump proposed doing exactly that, arguing that the word “artificial” makes intelligence sound fake. He initially offered Americans three alternatives: Superior Intelligence, Extreme Intelligence and Supreme Intelligence. Days […] The post Artificial Intelligence Could Get a New Name Under Trump’s Proposal appeared first on Tekedia.

Canada’s banking sector is taking another step toward blockchain-based finance as the country’s six largest banks move to develop a joint tokenized deposits project designed to support 24/7 payments on blockchain networks. The initiative reflects a broader shift in financial infrastructure, where traditional banks are increasingly exploring how programmable digital money can operate alongside existing […] The post Canada’s Six Biggest Banks Launch Tokenized Deposits Project for 24/7 Blockchain Payments appeared first on Tekedia.

A merger can be sold to investors as a strategy for creating scale, efficiency and stronger competition. Inside the companies being combined, however, the same transaction can look very different. For employees at Paramount and Warner Bros. Discovery, the prospect of a merger brings another reality into focus: once two organizations become one, colleagues who […] The post Paramount and Warner Bros. Discovery Employees Brace for Internal Competition After the Merger appeared first on Tekedia.

Indian artificial intelligence startup Brahma AI has raised $150 million from private equity firm Multiples Alternate Asset Management at a $2 billion valuation, turning the company into one of India’s more closely watched bets on the commercialization of generative AI for audiovisual content. The funding round, announced Wednesday, gives Brahma AI substantial capital to expand […] The post Indian AI Startup Brahma AI Raises $150m at $2bn Valuation, Betting on Hollywood-Grade Generative AI appeared first on Tekedia.

Amazon is preparing a major expansion of its quick-commerce business in India, with plans to invest as much as $3 billion through 2030 as the US e-commerce giant tries to close a substantial gap with local rivals that have reshaped how Indian consumers buy everyday goods. The planned investment would represent Amazon’s largest commitment yet […] The post Amazon Plans $3bn India Quick-Commerce Push as It Tries to Catch Blinkit, Zepto and Swiggy appeared first on Tekedia.

In one week, Washington committed more than R4bn to African networks. The money flows into undersea cables, backbone fibre and data centres. We look at who is paying, what they expect in return and why broadband internet in South Africa still stops at the suburbs.

In one week, Washington committed more than R4bn to African networks. The money flows into undersea cables, backbone fibre and data centres. We look at who is paying, what they expect in return and why broadband internet in South Africa still stops at the suburbs.

Long registration queues and fragmented IT systems are holding back Nigerian universities. Is it time for a unified, cloud-native digital leap? Can functional AI and integrated campus operating systems reshape the future of African higher education?

Uber’s exit from Nigeria is a warning about unsustainable unit economics and the real cost of infrastructure. However, local rails and fintech solutions are shaping the next phase of African mobility.

South African fintech startup Mission Mobile has secured $30.9 million (R500 million) in growth capital from investment company DN Invest (DNI) to expand its smartphone financing services and make mobile devices more accessible to consumers across South Africa. Founded in 2023 by brothers Tim and Adam Strike, the Johannesburg-based company provides smartphone financing through partnerships […] The post South African Fintech Mission Mobile Secures $30.9 Million from DNI to Expand Smartphone Financing appeared first on Tech In Africa.