Dominated by Open AI and Meta, GenAI races past $66bn
The generative AI market exceeded the $66-billion mark, with Open AI and Meta AI flagging their dominance with 56% market share. This is according to Stocklytics financial analyst Edith Reads, who comments: "The start of Chat GPT in 2022 was the first plunge into...
Digital transformation shows no signs of slowing down
The global digital transformation market size is anticipated to reach $4,617-trillion by 2030 and it is projected to grow at a CAGR of 27,6% from 2024 to 2030, according to new report by Grand View Research. Digital transformation assists companies in improving their...
ISPA warns about fake members
The Internet Service Providers' Association NPC (ISPA) has issued a warning to consumers against companies that have terminated their membership of the association but are still claiming to be members. "ISPA handled more than a thousand consumer complaints in 2020....
Covid drives need for more African integration
As countries rebuild their economies following Covid-19, Africa needs to step up productive and infrastructural integration. This is according to presenters at the African Regional Integration Index (ARII) held virtually last week. The index, a joint publication of...
Cell C improves financial performance in 2020
Cell C's turnaround strategy is having a positive impact in stabilising the business and there is an improvement in the quality of earnings Cell C, according to the company's annual financial performance for the 12 months period to December 2020. Normalised EBITDA was...
Altron acquires security firm Lawtrust for R245m
JSE-listed Altron has acquired digital signatures services company Lawtrust from Etion for R245-million, subject to Competition Commission approval. Lawtrust is a digital trust services and cyber information security solutions company which provides solutions used to...
MetroFibre acquires parts of Link Africa’s FTTH network
MetroFibre has acquired the fibre-to-the-home (FTTH) network and infrastructure of Link Africa in Gauteng and Kwa-Zulu Natal, adding another 10 000 homes passed to MetroFibre's rapidly-growing fibre network in South Africa. The deal is effective 1 April 2021 with a...
Crypto investors brace for Dogeday 4/20
Amateur investors are aiming to push Dogecoin's price to $0.69 on April 20th, a day marked Doge Day 4/20, according to data presented by TradingPlatforms.com. In early January 2021, a Reddit group known as SatoshiStreetBets sought to actively pump up Dogecoin's value...
SpaceX selected to land next astronauts on the Moon
NASA is getting ready to send astronauts to explore more of the Moon as part of the Artemis program, and has selected SpaceX to continue development of the first commercial human lander that will safely carry the next two astronauts to the lunar surface. At least one...
How to watch Mars Helicopter’s first flight
NASA is targeting no earlier than today (Monday 19 April) for the first flight of its Ingenuity Mars Helicopter. The flight was set to commence at approximately 03h30 EDT, or 09h30 South African time. Data from the first flight will return to Earth a few hours...
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