AI boom propels foundry 2.0 market to $360bn

According to The broadly defined Foundry 2.0 market, comprising pure-play foundry, non-memory IDM, outsourced semiconductor assembly and test (OSAT), and photomask fabrication, is projected to surpass $360-billion in 2026, representing 17% year-over-year growth. This...

Customer service organisations to double tech spend by 2028

By 2028, over 50% of customer service organisations will double their technology spend, without an equivalent reduction in talent, according to Gartner. Despite mounting pressure to use AI to cut labor costs, organizations cannot rely on automation alone to replace...

IBM in strategic collaboration with Arm

IBM has announced a strategic collaboration with Arm to develop new dual‑architecture hardware that helps enterprises run future AI and data intensive workloads with greater flexibility, reliability, and security. IBM’s leadership in system design, from silicon...

Ocean economy faces pressure, fragmentation

The Strait of Hormuz remains virtually closed, with effects spreading through the global economy within weeks by disrupting energy flows, raising prices and increasing financial pressure on developing countries, UN Trade and Development (UNCTAD) warns in its second...

Vehicle sales continue strong

New vehicle sales continue to surge in South Africa despite global and regional conflicts, local floods and droughts. The March figure of 58 060 vehicles reflects a 17,3% improvement over March 2025. Brandon Cohen, chairperson of the National Automobile Dealers’...

Intel delivers open, scalable AI performance

MLCommons released its latest MLPerf Inference v6.0 benchmarks, showcasing results across four key benchmarks for Intel’s GPU Systems. Intel’s AI systems featured Intel Xeon 6 CPUs and Intel Arc Pro B70 graphics, demonstrating accessible AI workload solutions across...