Electricity: NERC clamps down on DisCos, orders revenue diversion to network upgrades
The Nigerian Electricity Regulatory Commission, NERC, has issued a revised order directing electricity Distribution…
‘There’s no accountability;’ AI startups keep claiming huge revenue. VCs say the math is getting ‘murky.’
Few metrics thrill Silicon Valley investors more than surging annual recurring revenue (ARR).In the…
CD sales are making an unexpected comeback amid a retro tech boom
And to be fair, the trend could be bigger than the RIAA's numbers demonstrate,…
Oura takes step toward IPO with S-1 filing, revealing $1.4 billion in revenue
Oura just got one step closer to becoming a public company.The smart-ring maker filed…
How KADIRS improved IGR, tax compliance in Kaduna
Governor Uba Sani provided the political will that enabled the Kaduna State Internal Revenue…
OpenAI says its ads business is booming as it marches toward an IPO
OpenAI is touting the speedy growth of its ad business as it prepares for…
OpenAI to start showing ads on ChatGPT’s free and Go tiers in India
Ahead of a potential IPO, expected this year or next, OpenAI has been trying…
Nvidia revenue doubles on continued AI demand
Chipmaker's $96bn quarter beat forecasts as demand for AI hardware continues to accelerate.
Melaye heads to court as Tinubu appoints head of Nigeria revenue as campaign fund raiser
Former federal lawmaker, Senator Dino Melaye has revealed plans to drag President Bola Tinubu…
Pocket’s popular AI notetaker launched 8 months ago. Revenue is soaring, but can it last?
AI hardware has had more misses than hits.The AI notetaker hardware startup says it…
FAAC disburses record highest N3.007tn to FG, states, LGs for July
The Federation Account Allocation Committee, FAAC, has approved the disbursement of N3.007 trillion to…
Anthropic’s annualized revenue surges to $65B
Anthropic didn't immediately respond to our request for comment. The company's investors expect it…
Elon Musk says SpaceX’s AI revenue will outpace all its other products by next month
Elon Musk has predicted that AI will earn SpaceX more money than its other…
Subsidy removal: Give account of revenue Nigerians lost to inflation – Rufai Oseni blasts NRS boss Adedeji
Arise Television anchor, Rufai Oseni, has tackled the Executive Chairman of the Nigeria Revenue…
Elon Musk’s 5 most noteworthy comments during SpaceX’s first earnings call
Elon Musk issued a jaw-dropping revenue forecast, ridiculed the ease of building data centers…
SpaceX doubles revenue on Anthropic and Google compute deals, Starlink growth
The company had already built out two data centers in and near Memphis, Tennessee…
