Elon Musk is weighing merging SpaceX, xAI and possibly Tesla as investors assess a trillion-dollar AI gamble.
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The rand is stronger against the US dollar than it was a decade ago as a falling dollar and surging gold price lift the local currency.
SpaceX is reportedly weighing a mid-June initial public offering, aiming to raise as much as $50-billion.
The improving currency should help drive down prices for software and hardware, including computers and phones.
Intel has warned it can’t meet AI data centre demand, forecasting weaker results and sending shares sharply lower.
Oracle has been accused of concealing its need to sell significant additional debt to build out its AI infrastructure.
Ethiopian Airlines has begun construction of what officials say will be Africa’s biggest airport when completed.
The Google parent has allayed doubts about its AI strategy, thrusting it back to the forefront of the high-stakes race.
Many of South Africa’s listed tech companies performed well in 2025, with some growing their share prices by over 70%.
China’s AI sector is gaining confidence and risk appetite, but chip-making constraints still blunt ambitions to rival the US.