Samuel Nwite
AUTHOR: Samuel Nwite
ByteDance Prepares $14bn Nvidia Chip Splurge as AI Ambitions Collide With China–U.S. Tech Politics
ByteDance is preparing to spend about 100 billion yuan ($14 billion) on artificial intelligence chips from Nvidia in 2026, a sharp increase from roughly...
Xi Jinping Confirms China on Track for 5% Growth in 2025, Vows More Proactive...
President Xi Jinping declared on Wednesday that China is on course to achieve its "around 5%" growth target for 2025, reaching approximately 140 trillion...
Musk’s xAI Scales Up Data Centre Footprint with New Facility, Targets Near-2GW Compute Power...
Elon Musk’s artificial intelligence startup xAI is accelerating its infrastructure push, acquiring a third building to expand its data center footprint as it seeks...
China Begins Issuing Second Batch of 2026 Crude Import Quotas to Independent Refiners
China has started distributing the second batch of 2026 crude oil import quotas to independent refiners, with at least one major facility in eastern...
Central Bank of Nigeria Sees Inflation Falling Below 13% in 2026 Amid High Interest...
Nigeria’s inflation outlook is expected to improve significantly in 2026, with the Central Bank of Nigeria (CBN) projecting headline inflation to moderate to an...