Microsoft beat market estimates for quarterly profit and revenue as its AI tools lured new customers to its platform.
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The International Monetary Fund downgraded its economic growth forecasts for South Africa.
Total investment in African tech start-ups fell by 27.8% in 2023 as the impact of the global capital shortage took its toll.
Microsoft’s early lead in AI has the company’s stock market value poised to pull decisively ahead of Apple’s in the coming years.
Cape Town-based software developer jobs marketplace OfferZen has closed an R82-million funding round.
“I don’t want to control it, but if I have so little influence at the company at this stage,” Elon Musk has told Tesla investors.
Microsoft’s stock market value crossed the $3-trillion milestone for the first time on Wednesday.
When will the world have its first trillionaire? A recent report from Oxfam International predicts one within a decade.
Elon Musk said he would be uncomfortable growing AI/robotics at Tesla without at least a 25% voting control of the company.
The EAIF will invest in infrastructure projects focused on the energy transition, low-carbon economies and smart cities.