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Huawei

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Africa

Global tech giants in Africa AI gold rush

    By Conrad Onyango, bird story agency   Global technology giants including Microsoft, IBM, Huawei, Nvidia, and Google are lining up to tap into a multi-billion dollar opportunity in the nascent Artificial Intelligence (AI) market. The five multinationals tops the list of more than 100 tech companies across the globe that will feature in the ‘AI Everything’ forum in this year’s GITEX Africa 2024, the continent's premier tech and […]

todayMay 2, 2024 23

Business / Economics

Nokia sees ‘challenging’ 2024 after profits plunge

    Finnish telecommunications equipment maker Nokia warned Thursday that it expects another tough economic environment in the first half of this year after its net profit sank in the 2023. Nokia and its Swedish rival Ericsson have launched cost-cutting programmes as their customers have reduced spending amid a slowing global economy. The Finnish firm reported a profit of 679 million euros ($739 million) for last year, down 84 percent […]

todayJanuary 25, 2024 14

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