Buying open-source AI hub Hugging Face is less about revenue than about defending Nvidia’s chip empire from within.
Top News
Eskom’s profit more than doubled to R30.3-billion, but electricity sales fell 6.2% and municipal arrears passed R111-billion.
Eskom and BLSA now say they agree on the independent transmission operator, two months after a public falling-out.
OpenAI will stop supplying models to Cursor, the coding tool SpaceX bought for $60-billion.
More News
South Africa will ask China to help ensure a reliable supply of solar panels to deal with the country’s energy crisis.
Telkom CEO Serame Taukobong said his company does not need saving, even as suitors begin lining up.
Telkom is just weeks away from announcing the sale of its masts and towers business.
Ellies Holdings has announced plans for a rights offer, seeking to raise R120-million from investors.
South Africa expects more than 5.5GW of additional renewable energy projects to come online by 2026.
MTN Group on Tuesday hinted strongly that it remains interested in buying Telkom.
World News
The US justice department and 11 states filed an antitrust lawsuit against Google on Tuesday for allegedly breaking the law in using its market power to fend off rivals.
Swedish regulators on Tuesday banned the use of telecommunications equipment from China’s Huawei and ZTE in its 5G networks ahead of the spectrum auction scheduled for next month.
Intel has agreed to sell its NAND memory chip business to SK Hynix for US$9-billion in an all-cash deal that would propel the South Korean chip maker to second in the global rankings.
Logitech on Tuesday reported a surge in second quarter revenue and net profit as the computer peripherals maker benefited from a shift to working from home during the Covid-19 pandemic.
Most do not associate Africa with the high-tech sphere of “space”. However, in recent years, many countries on the continent have woken up to the potential and usefulness of space technology. In sub-Saharan Africa, Nigeria and South Africa are
Naspers chairman Koos Bekker said his decision to work without a salary when he was CEO helped him focus on building the value of the company, but he wouldn’t recommend it to everyone. In an interview with Fin24 at his Naspers office in Cape Town
