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    As America’s AI boom drains venture capital from Africa, the continent’s startups are turning to domestic funding sources, like pension funds and local venture capital firms (Rivaldo Jantjies/Bloomberg)

    May 28, 2026

    Record spending of $6.2 billion on data centers in the first quarter, up about 100% quarter-on-quarter, boosted investment growth in Australia, supporting an economy strained by high energy costs and tariffs (James Mayger/Bloomberg)

    May 28, 2026

    Last.fm announces it is an independent company again, 19 years after being acquired by CBS; he plans to keep his current team and continue service as normal (Marella Moon/Engadget)

    May 28, 2026

    Illinois Legislature passes SB 315, bill requiring annual independent security audits of major AI companies; bill heads to governor’s desk (Jared Perlo/NBC News)

    May 27, 2026

    HP reports second-quarter revenue up 9% year-over-year to $14.4 billion, compared with estimates of $14 billion, personal systems revenue up 13% to $10.2 billion, and forecast third-quarter adjusted EPS above estimates (Dina Bass/Bloomberg)

    May 27, 2026
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Home » As America’s AI boom drains venture capital from Africa, the continent’s startups are turning to domestic funding sources, like pension funds and local venture capital firms (Rivaldo Jantjies/Bloomberg)
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As America’s AI boom drains venture capital from Africa, the continent’s startups are turning to domestic funding sources, like pension funds and local venture capital firms (Rivaldo Jantjies/Bloomberg)

Stacey D. WallsBy Stacey D. WallsMay 28, 2026No Comments
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Related Posts

Record spending of $6.2 billion on data centers in the first quarter, up about 100% quarter-on-quarter, boosted investment growth in Australia, supporting an economy strained by high energy costs and tariffs (James Mayger/Bloomberg)

May 28, 2026

Last.fm announces it is an independent company again, 19 years after being acquired by CBS; he plans to keep his current team and continue service as normal (Marella Moon/Engadget)

May 28, 2026

Illinois Legislature passes SB 315, bill requiring annual independent security audits of major AI companies; bill heads to governor’s desk (Jared Perlo/NBC News)

May 27, 2026
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