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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...

Even when we know the warning signs, we still lose to fraud

South Africans are not falling for fraud because they don’t see it coming. New research from Yazi finds that three in four South Africans already know AI can clone a voice or fake a message, and that this awareness is sadly not changing what happens next. The data...

As business turns to AI for cybersecurity, individuals expand privacy protection

As cyberthreats grow and digital technologies become more pervasive, businesses are increasingly using AI to strengthen cybersecurity, while individuals are taking greater control of their personal data through privacy-enhancing tools, according to new OECD data. In...

Anthropic IPO slammed as ‘nuts’ by financial advisor

Anthropic’s IPO filing has been slammed as “nuts” by the CEO of one of the world’s largest independent financial advisory organisations. This summation by Nigel Green, CEO of deVere Group, comes as the Claude maker yesterday published its S-1 registration statement...

Junior Business Analyst – Gauteng Johannesburg

Accountability: Preparation and completion of risk information Collect information from various sources in the risk and production centres, for the compilation and preparation of consolidated risk information required in the Prudential Authority (PA)returnsCoordinate...

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Businesses need to be prepared for fraud

As organisations grapple with increasingly sophisticated fraud schemes, International Fraud Awareness Week – which takes place this week (18-22 November) serves as a critical reminder of the significant financial and reputational risks posed by fraud. With global...

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Nvidia tops Forbes list

Nvidia is ranked number one on Forbes magazine’s new list, America’s Best Companies, based on more than 60 measures in nearly a dozen categories that cover financial performance, customer and employee satisfaction, sustainability, remote work policies and more. Forbes...

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Business value drives GenAI investments

Business leaders are turning their focus from experimenting with generative AI (GenAI) to long-term use cases that transform business performance, workplace culture, compliance, safety and sustainability. This is the key finding from an NTT Data study, "Global GenAI...

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SA is Africa’s best investment destination

Africa – and especially South Africa - is a vital destination for investment from European countries, according to presentations at the 11th “TEHA CEO Dialogue on Southern Africa”. The European House Ambrosetti (TEHA) Africa CEO Pietro Mininni says: “We keep saying,...

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SA risks losing top tech talent

With South Africa’s unemployment reaching 8,3-million people as of mid-2024, the loss of developer talent to international markets is more than a brain drain - it’s a serious threat to the country’s economic future, based on the insights provided by OfferZen’s 2024...

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E-commerce spend surges ahead of Black Friday

Absa has noted a significant increase in the total value of e-commerce transactions over the past year, with total turnover increasing 25% year-on-year in the first quarter, 16% year-on-year in the second quarter and 19% year-on-year in the third quarter. The data...

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Blackwell ups the ante on training performance

In MLPerf Training 4.1 industry benchmarks, the Nvidia Blackwell platform has delivered impressive results on workloads across all tests - and up to 2,2x more performance per GPU on LLM benchmarks, including Llama 2 70B fine-tuning and GPT-3 175B pretraining. In...

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AMD debuts Versal Premium Series Gen 2

AMD has announced the AMD Versal Premium Series Gen 2, an adaptive SoC platform designed to deliver the highest levels of system acceleration for a wide range of workloads. Versal Premium Series Gen 2 will be the FPGA industry’s first devices featuring Compute Express...

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Ultrafast memory boosts Intel data centre chips

While Intel’s primary product focus is on the processors, or brains, that make computers work, system memory (that’s DRAM) is a critical component for performance. This is especially true in servers, where the multiplication of processing cores has outpaced the rise...

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