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Japanese tech giant SoftBank records its first profit in 4 years
TOKYO (AP) — Japanese technology company SoftBank Group posted its first profit in four years Tuesday, as it raked in gains from its investment portfolios. SoftBank warned of major uncertainties ahead because of President Donald Trump’s tariff policies, tensions between the U.S. and China, and other global conflicts. Tokyo-based Softbank’s profit for the fiscal year through March…
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OpenAI CEO Sam Altman and other US tech leaders testify to Congress on AI competition with China
WASHINGTON (AP) — OpenAI CEO Sam Altman and executives from Microsoft and chipmaker Advanced Micro Devices testified on Capitol Hill about the biggest opportunities, risks and needs facing an industry which lawmakers and technologists agree could fundamentally transform global business, culture and geopolitics. The hearing comes as the race to control the future of artificial…
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Ex-OpenAI workers ask California and Delaware AGs to block for-profit conversion of ChatGPT maker
Former employees of OpenAI are asking the top law enforcement officers in California and Delaware to stop the company from shifting control of its artificial intelligence technology from a nonprofit charity to a for-profit business. They’re concerned about what happens if the ChatGPT maker fulfills its ambition to build AI that outperforms humans, but is no longer…
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Google will pay Texas $1.4B to settle claims the company collected users’ data without permission
Google will pay $1.4 billion to Texas to settle claims the company collected users’ data without permission, the state’s attorney general announced Friday. Attorney General Ken Paxton described the settlement as sending a message to tech companies that he will not allow them to make money off of “selling away our rights and freedoms.” To read…
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Tech has become an equaliser in the industry”: Chocolate City Music’s CEO on AI, virality, and the future of music
For Abuchi Peter Ugwu, CEO of Chocolate City Music, one of the country’s most influential music labels, the biggest shift in Nigerian music over the last decade isn’t just the sound, it’s the technology. From the era of hawking CDs in Alaba to tracking TikTok spikes and Spotify data, the business of music is now…
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African leadership International partners with Silicon Valley Holberton to boost software engineering skills in Africa
Through the purchase, the company will own the advanced technology program. This will give global organizations access to a large, untapped pool of technology talent that can help make up for the growing shortage of tech talent worldwide. Millions of Africans will also have their lives changed by ALI because it will give them the…
