Samuel Nwite
AUTHOR: Samuel Nwite
OPay’s Profit Quadruples to $91m as Lending Outpaces Payments, but Credit Losses Raise IPO...
OPay Limited more than quadrupled its profit after tax in the first half of 2026, as rapid lending growth lifted revenue by 136.5%. But...
Anthropic Says New Safeguards Cut AI Model Distillation Attempts by Up to 99%
Anthropic said it has reduced the amount of data extracted from its Claude artificial intelligence models through distillation attacks by between 90% and 99%,...
Global Stocks Slide as China’s AI Chip Advances Revive Competition Fears and Trigger Selloff...
Global stocks fell on Tuesday as renewed concerns over competition in the artificial intelligence industry hit high-flying semiconductor companies, prompting investors to seek shelter...
LVMH Sales Miss Deepens Luxury Slump as Weak China Demand Hits Louis Vuitton
LVMH’s weaker-than-expected quarterly sales have renewed concerns that the global luxury goods industry may struggle to recover from a three-year slowdown, as subdued Chinese...
Goldman Sachs Says US-China Rivalry Has Created Two Competing AI Ecosystems, Urges Investors to...
Goldman Sachs has urged investors to reconsider how they approach artificial intelligence stocks as the technology race increasingly divides into two competing ecosystems centered...