Tag Archives: 30B

Aliko Dangote, The Richest Black Man In The World, Makes History As The First African-Born Billionaire To Reach A $30B Net Worth

Aliko Dangote, The Richest Black Man In The World, Makes History As The First African-Born Billionaire To Reach A B Net Worth

Aliko Dangote, the richest Black man in the world, has reached a new milestone, with a net worth of $30.3 billion, according to the Bloomberg Billionaires Index. Per Business Insider Africa, the feat makes him the first African-born billionaire to achieve this level of wealth, fueled by growth in his cement and oil ventures. Dangote’s wealth increased by $2.16 billion …

Read More »

95% of Companies See 'Zero Return' on $30B Generative AI Spend – Hacker News

95% of Companies See ‘Zero Return’ on $30B Generative AI Spend  Hacker News MIT report: 95% of generative AI pilots at companies are failing  Fortune 95% of organizations got zero return on AI investment in MIT study  Axios The ‘shadow AI economy’ is booming: Workers at 90% of companies say they use chatbots, but most of them are hiding it from IT  Yahoo Finance …

Read More »

OpenAI agreed to pay Oracle $30B a year for data center services

OpenAI agreed to pay Oracle B a year for data center services

OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, The Wall Street Journal reported on Monday. Now, OpenAI CEO Sam Altman has confirmed the details of the contract (but not the dollar amount) in an X post on Tuesday and in a company blog post. To recap, on …

Read More »