Banks expect to hand decisions to AI – even if they can’t explain them

Banks are racing toward a future where AI no longer merely informs key credit, treasury, and risk decisions – it makes them autonomously. Yet AI governance is not keeping pace with adoption, according to new AI risk research by FT Longitude, SAS and Microsoft. Even as...

Mankind’s first journey to another star set for 2029 launch

Plans are underway for mankind’s first journey to another star – a trip that is expected to take about 80 000 years. The Fermi Explorer Mission, a nonprofit organisation, hopes to set off for Alpha Centauri by 2029. The more than 40-trillion kilometre journey is...

IT spend will breach $7trn for the first time in 2027

Worldwide IT spending is expected to reach $7,35-trillion in 2027, up 15% from 2026, according to the latest forecast by Gartner. “Collectively, the market forces are reinforcing spend around AI infrastructure, AI-enabled cloud platforms, and advanced software...

As African CEOs embrace AI, ROI is still elusive

By Kathy Gibson - African companies are in the middle of learning and adopting artificial intelligence (AI), and adapting to the changes it brings. But they are also looking beyond adoption at how to measure value from their AI investments, says Ladi Asuni, partner...

More giving would help to save and improve more lives

In his annual letter, Bill & Melinda Gates Foundation CEO Mark Suzman has called for philanthropists to give more and give now to meet the unprecedented challenges nations across the globe face in combatting poverty, eradicating disease, and fighting inequality....

Meta’s GenAI and metaverse could merge soon

Mark Zuckerberg, CEO of Meta Platforms, recently disclosed plans regarding the development of generative AI (GenAI), with a specific emphasis on creating AI assistants tailored for businesses and content creators. With Meta's main focus on the metaverse and a...

Perseverance snaps first full-colour pic of Mars

The first high-resolution colour image to be sent back by the Hazard Cameras on the underside of NASA’s Perseverance Mars rover, following its landing on 18 February 2021. This follows video from its landing that chronicles major milestones during the final minutes of...

Salaries shrunk in January 2021

The real average and overall salary paid contracted in January 2021 after coming under strain from the pandemic and level 3 lockdown, according to the latest BankservAfrica Take-home Pay Index (BTPI). However, South Africa's real private pensions reached the best...

IDC expects AI market growth to improve in 2021

Worldwide revenues for the artificial intelligence (AI) market, including software, hardware, and services, are forecast to grow 16,4% year over year in 2021 to $327,5-billion, according to the latest release of the International Data Corporation (IDC) Worldwide...

Global government IT spend set to grow 5% in 2021

Worldwide government IT spending is forecast to total $483-billion in 2021, an increase of 5,1% from 2020, according to the latest forecast by Gartner. "Government organizations continue to be challenged with the appropriate level of interventions to respond and...

Telcos should prioritise 5G efficiency and sustainability

5G will be the most transformative communications technology in a generation and enable a universe of new services, including advanced energy management capabilities that will be critical to solving growing energy and sustainability challenges. But new research...

Detected cyber threats rose 20% to exceed 62,6bn

Trend Micro detected 119,000 cyber threats per minute in 2020 as home workers and infrastructure came under new pressure from attacks, according to its "A Constant State of Flux: Trend Micro 2020 Annual Cybersecurity Report". The report also shows that home networks...

Acronis, Williams Racing renew tech partnership

Cyber protection company Acronis and Williams Racing have renewed their technology partnership, extending the adoption of the technology across the entire Williams Racing IT infrastructure. As part of the partnership, Williams Racing will continue with Acronis Cyber...

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C/C++ Software Developers – Gauteng Johannesburg Region

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