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Jensen Huang resigned as Nvidia CEO after 33 years. CFO Colette Kress is interim CEO. Shares fell 10%+.
Lesson: No founder is bigger than governance. Character is a business risk. Build systems, not just stars. #Business#AI
Google picked 10 startups for its Africa Applied AI Lab, including Nigeria's Intron, Termii & Vendy. Lesson: global AI wins locally first. Solve a real local pain, then scale it. #AI#Startups
Torus raised $500M for Foundry, modular AI inference units that deploy in 12-16 weeks using existing grid capacity. AI's bottleneck is no longer models. It's power + speed to deploy. Feasibility wins. #AI#Feasibility
US inflation rose 0.4% in October, hotter than expected, pushing 10-year yields toward 5%. Work tip: if your costs rise faster than your prices, you're shrinking. Review pricing monthly, not yearly. #Economy#Finance
Saudi's HUMAIN secured $667M for AI chips + power for 1GW of data centers. AI's bottleneck is no longer models. It's chips + power + bankable projects. Feasibility wins. #AI#Feasibility
> Markets Swung Hard Again. Stay Steady.
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> S&P rose 2.3% Monday after last week's selloff. Nasdaq has averaged 2.1-point moves for 8 days.
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> Volatility is not a strategy. Rebalance, hold cash, ignore daily noise.
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> #Finance#Business#ImadRexGlobal
SoftBank + Grab committed $1.85B to build AI infrastructure in Malaysia, targeting 5GW+ compute. AI's bottleneck is no longer models. It's power + sites + capital. Feasibility wins. #AI#Feasibility
FuriosaAI raised $620M at $2.9B for efficient AI inference chips.
AI's next race isn't just scale. It's power + speed + cost.
Build feasible, not just big.
#AI#Feasibility
1/ Capital is becoming borderless, but regulation is becoming hyper-localized.
Two massive events just redefined the African tech landscape over the weekend, revealing a tale of two completely different approaches to innovation.
5/ Stop looking for funding purely in your own backyard.
Sovereign wealth funds are actively scooping up the exact innovation that local markets are regulating into the ground.