💰Taking a slingshot at the cloud AI giants

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For years, Microsoft and Amazon have been major rivals in the cloud race, thanks to their massive investments in infrastructure, and the strength of their cloud platforms. Now, Nebius, a rising AI infrastructure startup, is looking to break that cycle with its new Token Factory, a platform built to give developers easier, cheaper access to powerful AI models. But given Big Tech’s warchest, can Nebius rewrite the playbook for how innovation and competition in cloud AI should work?

🤖 Microsoft’s latest AI deal will bring Nvidia’s best chips to the Arab world

One thing that the United Arab Emirates is famous for is its oil reserves. But, in recent years, the country has been pushing to be a forward-thinking hub for innovation and tourism. That’s why Microsoft is sinking $15 billion into the region to build data centers, and…wait for it…access to Nvidia’s top-tier chips. It could fuel an AI race between the UAE and Saudi Arabia, which is also pouring billions into its own AI initiatives.

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📻 Podcasts are taking over — has Africa found its new radio?

Photo by Kit (formerly ConvertKit) / Unsplash

Africa’s audio revolution is no longer on the horizon, it’s happening now. Podcasts are transforming what radio once owned, giving creators from Lagos to Nairobi a global audience and local legitimacy. As streaming platforms like Spotify and YouTube race to capture this fast-growing market, the continent’s young, mobile-first population could turn Africa into the world’s next podcast powerhouse, if infrastructure and monetisation can catch up.

🎧 Spotify is cashing in big with its third-quarter results

Photo by sgcdesignco / Unsplash

If there’s any perfect example of a company going from a rough patch to record profits really quickly, it has to be music streaming platform, Spotify. After reporting an €86 million loss in the second quarter of the year, it bounced back to a record €899 million (~$1 billion) profit in the third quarter, its biggest-ever. That’s a 200% jump from last year, thanks to new features such as its AI-powered music curation and smarter ads.

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Techloy Weekly is our flagship newsletter that brings you the most important technology news and insights across the world’s largest emerging markets from trusted sources. If you are looking for deeper insights into the technology industry, with data-led startup news and funding deals, engaging charts, and career data, become a Techloy premium member today to access all of our coverage. This week’s edition was written by Emmanuel, with editing by Louis and Loy.

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Updated

November 08, 2025

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