SA shoppers swing to alternative payment methods

South African merchants will need to stay agile as consumers increasingly shift towards alternative payment methods, according to the Absa Merchant Spend Analytics report for August, which says the bank’s internal data indicates a consistent and notable slowdown in...

Microsoft doubles down on AI spend

Microsoft spent more than expected on AI in the quarter ended 30 September, shelling our $34,9-billion on new projects associated with building AI-powered data centres. The company’s revenue was $77,7-billion, an increase of 18%. Operating income was up 24% to...

Nvidia’s $5trn climb exposes AI boom’s reality gap

Nvidia’s market value closing in on $5-trillion has become the defining symbol of artificial intelligence’s rise — and, according to deVere Group CEO Nigel Green, a striking reminder that markets are racing far ahead of the profit reality. “AI is transforming the...

Key work changes in the AI era

To capture value from AI, CHROs must help their organisations successfully evolve work itself – not just the workforce – according to business and technology insights company Gartner. A July 2025 Gartner survey of 1 973 managers found that business units...

Cassava Technologies inks strategic partnership with Stanlib

Pan-African tech group Cassava Technologies has announced a strategic investment by Stanlib Infrastructure Investments to accelerate the rapid expansion of Africa Data Centres’ footprint in South Africa. The strategic partnership will allow Africa Data Centres...

xAI launches AI-generated encyclopedia

Elon Musk’s xAI has launched a new online encyclopedia, Grokipedia, powered by the Grok artificial intelligence (AI) model. The free-to-use platform aims to compete with Wikipedia, which Musk has previously accused of being biased, and promoting left-leaning policies....