34 stories · page 1 of 2
Despite enormous investment and sustained hype, artificial intelligence has produced no measurable financial return for corporate America outside the technology sector, according to an economist at Apollo.
Fact.et Staff · Oct 26, 2026
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Microsoft attributes a breach of IT management giant ConnectWise to a China-aligned hacker that used AI agents to compromise thousands of its customers — a supply-chain attack running at machine speed.
Fact.et Staff · Oct 23, 2026
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Both boards have set up committees of independent directors to review combining the two companies. Elon Musk, chief executive of both, says he likes the idea and is on neither committee.
Fact.et Staff · Oct 21, 2026
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US federal civilian agencies have been ordered to remove DeepSeek products and any third-party services built on its technology, citing national security. The order reaches software that merely embeds the model.
Fact.et Staff · Oct 20, 2026
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Meta and Apple have launched Muse Spark Open, an open-weight model that runs locally on Apple silicon. For developers working where bandwidth is scarce and metered API calls are expensive, where a model runs matters as much as how good it is.
Fact.et Staff · Oct 16, 2026
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Ambi, founded by a former executive of the AI recorder company Plaud, has raised 26 million dollars for an app that captures audio in the background, with releases for iPhone, Mac and Apple Watch.
Fact.et Staff · Oct 14, 2026
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ZERGAW Cloud, VP Solutions and Nuna Ethiopia launched four locally hosted cloud products on 10 October: ZERGAW Marketplace, ZERGAW Shared Hosting, VPZ Quat and AddisLedger.
Fact.et Staff · Oct 14, 2026
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A breach of a Danish government database exposed names, addresses and state-issued ID numbers for 8 million people — more than the country's population, because it includes citizens abroad and the deceased.
Fact.et Staff · Oct 6, 2026
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Shega reports that 66 percent of Ethiopian adults own a financial account, but only 21 percent made a transaction in 2025. The gap between access and use is the real inclusion problem.
Fact.et Staff · Oct 6, 2026
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Google has suspended its open-source bug bounty programme, citing a significant rise in AI-generated submissions. The reports cost reviewer time whether or not they describe a real flaw.
Fact.et Staff · Oct 6, 2026
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Fervo Energy has completed the world's first enhanced geothermal power plant in under two years, and says the next phases will reach the grid faster. For a country sitting on the Rift Valley, the build time is the news.
Fact.et Staff · Oct 2, 2026
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Reddit is ending RSS support and public API access, continuing a tightening that started in 2023. The free read path into one of the web's largest discussion archives is closing.
Fact.et Staff · Oct 1, 2026
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Ethiopia hosts more than 1.1 million refugees, and more than half of its displaced population is under 18. Shega's write-up of an EdTech Monday panel puts the question plainly: can digital learning bring them back into education, and what can it not do?
Fact.et Staff · Oct 1, 2026
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Dots, an office suite, plugins with their own interfaces and automations, a cheaper GPT-6.1 Sol, and reusable Codex environments — all inside 48 hours. Taken together they turn ChatGPT into a place where software is discovered and used, by people and by agents.
Fact.et Staff · Oct 1, 2026
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AMD will acquire World Labs, the spatial intelligence startup founded by Fei-Fei Li, for $8.2 billion. Li joins AMD as executive vice president and chief scientist.
Fact.et Staff · Sep 30, 2026
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The long-awaited rules permitting money market funds, mutual funds, ETFs and REITs have arrived. Shega's reading is that the country's newest financial innovation may end up lending most of its money to the state.
Fact.et Staff · Sep 30, 2026
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Truecaller is pushing its fraud-detection data beyond caller ID and onto the open web, as pressure grows on its core business in India, its largest market.
Fact.et Staff · Sep 28, 2026
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The Ethiopian digital health startup has been selected for the ADHN Startups Watchlist 2026, putting its multi-channel approach to healthcare access in front of a continental audience.
Fact.et Staff · Sep 28, 2026
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The Council of Ministers voted unanimously to refer the draft to the House of Peoples' Representatives. It is framed around data sovereignty and standardised security protocols across the economy.
Fact.et Staff · Sep 28, 2026
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A limited test lets people in India purchase Walmart-owned Flipkart products directly through Gemini and AI Mode, with a broader rollout planned for later in October. It is agentic commerce arriving first in an emerging market.
Fact.et Staff · Sep 27, 2026
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Anthropic will pay Akamai 11.6 billion dollars over seven years for cloud infrastructure, in a deal that could reach about 20 billion. Akamai is handing back a stake of up to 5 percent of its stock that grows as Anthropic spends more.
Fact.et Staff · Sep 26, 2026
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The firm is targeting 250 million dollars for a new India fund aimed at early-stage AI, and for the first time is aligning its India fundraising cycle with its global funds. The shorter investment period is the structural change.
Fact.et Staff · Sep 25, 2026
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Canberra has opened an investigation into a breach of a government health website by an OpenAI agent — the first known incident of its kind to affect a government agency. Authorities were told three months after it happened.
Fact.et Staff · Sep 24, 2026
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British AI data-centre developer Nscale is heading for an IPO that will test Wall Street's appetite for concentrated AI bets. Most of its revenue comes from two customers: Microsoft and Anthropic.
Fact.et Staff · Sep 22, 2026
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