IaaS public cloud services revenue on growth trajectory

The worldwide infrastructure as a service (IaaS) market grew 16,2% in 2023, to total $140-billion, up from $120-billion in 2022, according to Gartner. Amazon retained the number one position in the IaaS market in 2023, followed by Microsoft, Google, Alibaba and...

Coalition aims for AI that is secure by design

The new Coalition for Secure AI (CoSAI) is an open-source initiative designed to give all practitioners and developers the guidance and tools they need to create Secure-by Design AI systems. CoSAI will foster a collaborative ecosystem to share open-source...

IBM, Fermilab partner on quantum initiatives

The addition of IBM as a new partner in the Superconducting Quantum Materials and Systems Centre, a DOE National Quantum Information Science Research Centre hosted by Fermilab, has been approved by the US Department of Energy Office of Science, Science Programs. As a...

ICT leads as SA hits R3bn in VC investments

In 2023, South Africa’s venture capital performance defied the downward trend in annual deals seen since 2020, with the information and communication technology (ICT) sector once again stealing the show. This was one of the key insights to emerge from this...

Asia sees fastest AI growth

Although the US is home to the world’s largest artificial intelligence (AI) giants, Apple, Microsoft, Nvidia, Alphabet, Meta, and Tesla, which continue shaping the global AI landscape, the US artificial intelligence industry is not the largest or the fastest...

UN Global Compact, AU Commission partner to boost African business

The United Nations Global Compact and the African Union Commission will partner up on the Global Africa Business Initiative (GABI). Through this collaboration they will seek to amplify the impact of sustainable business practices across Africa through the UN Global...