xAI raises $6bn in funding

Elon Musk’s xAI has closed  its Series C funding round of $6-billion with participation from key investors including A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley OIA, QIA, Sequoia Capital, Valor Equity...

Sales suffer during a transformation

According to a survey by Gartner, only 11% of sales organisations have been able to drive commercial success while executing a transformation. Gartner surveyed 234 heads of sales and senior sales leaders in May through June 2024 to identify productivity levers that...

China streaks ahead in wrist-worn devices

According to the latest Worldwide Wearables Quarterly Tracker released by International Data Corporation (IDC), the global wrist-worn device market shipped 139-million units in the first three quarters of 2024, a year-over-year decline of 1%, mainly due to the...

Mind Sports calendar for 2025

With the 2024 competitive year behind us, Mind Sports South Africa’s (MSSA) officials look back at the achievements of its teams. Every team competed to the best of its abilities, whether they were Mobile Legends (open and female), Counter Strike 2 (open and...

Google’s quantum computing gambit pays off

In a remarkable turnaround from a challenging year marked by intensifying AI competition that threatened its dominance in internet search, Google is closing 2024 on an optimistic note. The tech giant’s stock has surged nearly 14% over the past month, rebounding...

Meta sets the bar in AR/VR as competitors gear up

After two quarters of declines, global shipments of AR/VR headsets finally returned to growth as volumes rose 12,8% during the third quarter of 2024 (3Q24) according to new data from the International Data Corporation (IDC) Worldwide Quarterly Augmented and Virtual...