Most South Africans don’t have enough for retirement

Deloitte’s South African Investment Management Outlook for 2023 recently revealed that the country’s savings rate sits at only 0,5% and is below that of most emerging market peers. Equally concerning was a report from Genesis Analytics in partnership with...

More than 1m investors hold Bitcoin

The world’s largest and most expensive cryptocurrency, Bitcoin, made a comeback this year. The renewed institutional interest in cryptocurrency sent Bitcoin surging to a new 12-month high, with its price jumping above $31 300 in June. Although BTC lost some of...

AI in precision medicine set to reach $14,5bn by 2030

The global artificial intelligence in precision medicine market size is expected to reach $14,5-billion by 2030, exhibiting a CAGR of 35,8% during the forecast period according to a new report by Grand View Research. The increasing demand for digital healthcare and...

Healthy growth for aftermarket car telematics devices

According to a new research report from the IoT analyst firm Berg Insight, the number of active aftermarket car telematics units will grow at a compound annual growth rate (CAGR) of 11,7% from 92,2-million at the end of 2022 to 160,7-million worldwide at the end of...
SA consumers shift towards a smarter digital life

SA consumers shift towards a smarter digital life

A massive 87% of South Africans rely on their home Internet connection to work or run a business. Cisco’s Global Broadband Survey, a comprehensive study on the global state of connectivity finds that evolving consumer expectations will reshape the needs and...

World’s largest supercomputer for AI training unveiled

Cerebras Systems has announced Condor Galaxy, a network of nine interconnected supercomputers that offer a new approach to AI compute and promise to significantly reduce AI model training time. The first AI supercomputer on this network, Condor Galaxy 1 (CG-1), has 4...