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Sygnia CEO Magda Wierzycka says she would press delete on AI if she could, but is launching an AI venture capital fund to ensure South Africa captures the technology's upside.
Palantir CEO Alex Karp has warned AI leaders that failure to self-regulate could invite government nationalization of AI companies, a threat he says he has been raising privately for months.
Palantir CEO Alex Karp likened the corporate obsession with maximizing AI token consumption to a porn addiction, warning it produces no real business value.
Robert F. Smith has launched what is billed as the world's first enterprise AI inference cloud, backed by a $3.5 billion compute commitment to SambaNova.
Elon Musk called Terafab the most ambitious chip-building exercise in history, with 80% of its output earmarked for orbital AI computing.
Egyptian billionaire Mohamed Mansour sees artificial intelligence as a key lever for Africa’s growth.
Oriental Weavers opens Cairo’s first AI-powered carpet showroom, blending tech with tradition under CEO Yasmine Khamis’ leadership.