AI one of the biggest opportunities ahead

Geopolitics and AI dominate client concerns, says McKinsey’s Asutosh Padhi, noting AI’s real impact on business remains nascent. Just 10% of companies see bottom-line results. McKinsey integrates AI deeply—from 11,000 AI agents to internal tools like Lilli—emphasising human judgment, strategic focus, and end-to-end solutions for meaningful, scalable transformation.

IPO-bound AI company Fractal bags $170 million at $2.44 billion valuation

The buyers include 22 investors and funds advised by Trust Investment Advisors, as well as funds managed by White Oak Capital Management, Gaja Capital and Neo Asset Management, it was reported by a news channel. The unicorn is eyeing to list on the exchanges following an initial public offering (IPO) worth $400-$500 million which could value the company close to $3 billion.

KEPSA and MindHYVE.ai™ Sign Strategic Agreement to Launch National-Scale AGI Workforce, SME, and Innovation Initiatives Across Kenya

The Kenya Private Sector Alliance (KEPSA) has signed a landmark Memorandum of Understanding with MindHYVE.ai™, Inc., one of the world’s fastest-growing developers of agentic artificial intelligence (AGI). Executed on June 5, 2025, the agreement establishes a national-scale collaboration to deploy domain-specialized AGI agents in service of Kenya’s economic transformation, starting with workforce development, SME digital enablement, and innovation policy co-creation.

Nvidia CEO to attend China supply chain expo, China's CCTV says

Nvidia CEO Jensen Huang will attend the opening ceremony of China’s international supply chain expo on Wednesday, Chinese state broadcaster CCTV said on Tuesday. CCTV attributed the information to the China Council for the Promotion of International Trade. Huang, who had in a visit in April stressed the importance of the Chinese market, will hold a media briefing on the same day, an official from the company said on Sunday.

Zuckerberg’s AI Psychological Warfare

Mark Zuckerberg is trying to psych out his rivals in artificial intelligence. That’s one interpretation of his Threads post on Monday, declaring that Meta is “going to invest hundreds of billions of dollars” on AI computing capacity to build “superintelligence”—a new buzzword for the most …