Nvidia-backed AI startup Cohere is reportedly in talks to secure a significant investment that could propel the company’s valuation to $5 billion, marking a substantial leap from its previous valuation of $2.2 billion. What Happened: AI startup Cohere …
Naira appreciates by 4.6% as CBN clears $7bn forex backlog
Five months after taking over, President Bola Tinubu had vowed to clear the foreign exchange backlogs he inherited. The naira has appreciated at the official and parallel markets following the clearance of all foreign exchange (FX) backlog by the Centr…
Why Switzerland’s central bank made a surprise cut to its key interest rate
Thomas Jordan, the outgoing SNB chairman, credited the central bank’s push to rein in inflation in the wealthy Alpine country. The cut of a quarter of a percentage point, to 1.5%, will apply as of Friday. Jordan explained to reporters why they opted to…
Russia’s latest missile attack on Kyiv linked to A-50 problems, says Ukrainian aviator
“Why did this happen now?” Khazan said. “Because they have problems with the A-50. And they are conducting reconnaissance by other means, and this affects the decision to fire.” Read also: At least 12 injured and fires city-wide after UA intercepts 30+…
‘Unplayable’: Paul Merson says Chelsea’s £50m player can be impossible to play against
Chelsea have had a very tough season once again. The Blues, yet again, look consigned to a mid-table finish in the Premier League, and many of their star players haven’t turned up this term. The £200m midfield duo of Enzo Fernandez and Moises Caicedo h…
‘Never’: Jack Wilshere says he’s noticed something about Mikel Arteta he hasn’t seen for years
Jack Wilshere has heaped praise on Mikel Arteta for his work behind the scenes at Arsenal. Since hanging up his boots in 2022, Jack Wilshere has worked as the Under-18s manager at Arsenal. It’s meant that the former Gunners midfielder has witnessed Ars…
‘Unplayable’: Paul Merson says Chelsea’s £50m player can be impossible to play against
Chelsea have had a very tough season once again. The Blues, yet again, look consigned to a mid-table finish in the Premier League, and many of their star players haven’t turned up this term. The £200m midfield duo of Enzo Fernandez and Moises Caicedo h…
‘Never’: Jack Wilshere says he’s noticed something about Mikel Arteta he hasn’t seen for years
Jack Wilshere has heaped praise on Mikel Arteta for his work behind the scenes at Arsenal. Since hanging up his boots in 2022, Jack Wilshere has worked as the Under-18s manager at Arsenal. It’s meant that the former Gunners midfielder has witnessed Ars…
Elon Musk Reacts To Jeff Bezos Saying ‘There’s No Way You Could Have Tesla And SpaceX Without’ Him: ‘Must Be A Very Capable Leader’
Elon Musk reacted to Blue Origin founder Jeff Bezos admitting that he “loves the idea” of hanging out with the SpaceX founder. What Happened: In signs of what could develop into a friendship between two of the richest people in the world, Musk was than…
Nagelsmann defends his Germany squad selection: ‘The ball is similar’
Germany coach Julian Nagelsmann has defended his squad selection with several newcomers for upcoming friendly internationals against France and the Netherlands, citing his own personal experience. Nagelsmann, 36, was the youngest Bundesliga coach when …