Faustine Ngila

Nvidia has selected Chinese humanoid robot maker Unitree for its first integrated robotics system being offered to academic researchers, marking a deeper push into physical artificial intelligence and embodied computing.

By 1 June 2026 Anthropic has moved ahead of OpenAI in the closely watched race among leading artificial intelligence companies to reach

Nicole Diaz, an associate general counsel at OpenAI, represents a new category of AI user: a professional with no software engineering background who is creating custom workflows to handle policy drafting, employee disclosures and administrative tasks. Her experience offers a glimpse into the company's broader vision for artificial intelligence, one in which lawyers, accountants, human resources managers and other knowledge workers increasingly build their own software, blurring the line between subject-matter expertise and technical development.

Since the pound's devaluation and the adoption of a more flexible exchange-rate regime in 2024, Egyptians abroad have increasingly routed money through banks and licensed transfer operators, allowing authorities to capture inflows that previously bypassed the financial system. The result has been a sharp improvement in official remittance statistics and a stronger source of dollar liquidity for the economy. The trend is becoming increasingly important as Egypt navigates a changing external environment. Revenue from the Suez Canal has been hit by disruptions to Red Sea shipping, foreign investment remains uneven outside a handful of large Gulf-backed projects, and the country continues to face substantial import and debt-servicing obligations.

For Meta, the stakes are particularly high because account security sits at the foundation of its advertising business and social-media ecosystem. A vulnerability that allows attackers to take over user accounts threatens not only individual customers but also the credibility of the company's broader AI strategy. The incident underscores a challenge confronting the entire industry: every new AI-powered convenience creates a potential new attack surface, and the cost of getting security wrong may rise as quickly as the technology itself.

By 2 June 2026 Kenya's loss of African Development Bank shares might look like a technical footnote in a ledger filled with billions and

If Kenya's cash economy were a household, the Sh1,000 note would be the relative who shows up, quietly takes over the living room sofa, and somehow ends up controlling the TV remote. Everyone else, the Sh50s, Sh100s, and Sh200s, are still technically present, but they are increasingly being told to “sit somewhere small.” According to Central Bank of Kenya data, that one note now accounts for over 80 percent of total banknote value, which is the monetary equivalent of one guest bringing all the food to a potluck and then deciding the seating arrangement as well. The irony is that this dominance is happening in a country that has already tried to break up with its own currency habits once before. In 2019, Kenya dramatically withdrew the old Sh1,000 note in a move that was supposed to reset the system and make cash behave itself. Instead, like a sequel nobody fully planned for, the high-value note has returned and reasserted itself with even more confidence, helped along by inflation, mobile money, and the simple arithmetic of convenience.

As US banks struggle to maintain vast, decades-old financial systems still running on COBOL, a 65-year-old programming language that underpins trillions of dollars in daily transactions, institutions across Wall Street and beyond are quietly turning to a shrinking pool of specialists who can read, maintain, and repair it. With veteran programmers retiring and universities largely abandoning the language, demand has surged for anyone still fluent in the code that powers core banking, payments, and government infrastructure, turning what was once considered obsolete into one of the most unexpectedly valuable technical skills in modern finance.

Microsoft has unveiled a new quantum computing chip that it redesigned with the help of AI, saying it now believes it will have commercially useful quantum machines by 2029. The company says the chip is significantly more stable than its earlier version, marking a step toward practical quantum computing systems within the next few years.

The People's Bank of China (PBOC) said the volume of its seven-day reverse repurchase agreement operations was zero on the day, “in response to the needs of primary dealers in open market operations,” according to an online statement.