The AI extinction risk may be real, but the cure on offer looks more like the leading labs building a competitive moat.
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The finance minister says workshops and road maps have replaced delivery on technology policy.
JSE-listed fintech Optasia’s own full-year target implies second-half revenue could come in well below the first half.
A stronger rand has absorbed almost all of Apple’s US price increase – but only at the cheaper storage tiers.
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MTN Group has swung from a loss to a profit as Nigeria and Ghana drove a 67% surge in earnings.
MTN Group will spend up to R6-billion buying back and cancelling its own shares over the next three years.
South African start-up AirhostSwap lets Airbnb hosts swap their empty nights for stays at properties worldwide.
JSE-listed fintech Optasia has smashed its listing guidance, with revenue up 76% and users climbing 43% to 432 million.
Strong growth in Ghana and Uganda has pushed transaction volumes past the half a trillion dollar mark.
MTN is planning AI-enabled data centres in South Africa and Nigeria as it bets on Africa’s infrastructure boom.
World News
Shares of Dell hit a record high on Friday amid a rally in companies working on generative AI applications.
Nvidia’s most advanced AI chip it developed for the China market has got off to a weak start amid fierce competition.
Google and Meta Platforms have held discussions with major Hollywood studios about licensing content.
Google will start testing search and shopping ads in its AI-generated answers in the US.
