Takealot Group sells Superbalist
The Takealot Group has announced that Superbalist has been acquired by a South African consortium of retail and private equity investors, led by Blank Canvas Capital. The strategic acquisition, effective 1 September 2024, will support Superbalist's ongoing growth,...
How KnowBe4 hired a spy – and sent them packing
In a startling turn of events, cybersecurity awareness training company KnowBe4 recently uncovered an elaborate scam when it unwittingly hired a North Korean spy. This incident has sent shockwaves through the business community, highlighting the growing risks...
IBM, Intel collaborate to drive AI innovation
IBM and Intel are collaborating to deploy Intel Gaudi 3 AI accelerators as a service on IBM Cloud by early next year to help more cost effectively scale enterprise AI and drive innovation underpinned with security and resiliency. This collaboration will also enable...
GenAI a key theme in companies’ discussions
Companies across various sectors are incorporating next-generation AI capabilities into their solutions, with GenAI standing out as a primary focus of technological innovation, reveals the Company Filings Analytics Database of research group GlobalData. The company’s...
Sluggish demand pushes Absa PMI back to contractionary territory
After the encouraging uptick in July, the seasonally adjusted PMI dropped significantly by 8.8 points to 43.6 in August, down from 52.4 in July. This decline underscores the challenges the sector faces amid ongoing political uncertainty, high but slowing inflation,...
Intel raises the bar for AI performance on Xeon processors
In the latest MLCommons AI performance benchmark suite – MLPerf Inference v4.1 - Intel submitted results across six MLPerf benchmarks for 5th Gen Xeon Scalable processors and, for the first time, its Xeon 6 processors with Performance-cores (P-cores). Intel Xeon 6...
IBM unlocks capabilities for enterprise-scale AI
IBM has revealed architecture details for the upcoming IBM Telum II Processor and IBM Spyre Accelerator - new technologies designed to significantly scale processing capacity across next generation IBM Z mainframe systems and help accelerate the use of traditional AI...
Nvidia Blackwell sets new standard for GenAI in MLPerf benchmarks
As enterprises race to adopt generative AI and bring new services to market, the demands on data centre infrastructure have never been greater – training large language models (LLMs) is one challenge, but delivering LLM-powered realtime services is another. In the...
Gold Fields migrates SAP environments to AWS
Gold Fields has migrated its end-to-end SAP and treasury systems to AWS as part of its digital transformation strategy. The collaboration has enabled Gold Fields to modernise technology infrastructure, while enabling AWS’s analytics, machine learning (ML), and...
R50bn in Sanral tenders in the market
The South African National Roads Agency (Sanral) is currently evaluating 96 tenders worth R35-billion, while 86 contracts worth R15-billion have already been awarded since the start of the 2024/25 financial year on 1 April 2024. The tenders currently in evaluation...
Micro merchants embrace digital wallets
Fast-growing adoption of digital supplier payments among micro merchants and informal retailers such as spaza shops is helping to reduce security risks, costs and inefficiencies associated with cash payments right across the value chain. Digital wallets from fintechs...
Kaspersky helps to develop ISO/IEC standard for IoT devices
From smart watches and digital assistants to connected cars, web-enabled Internet of Things (IoT) devices and technologies are transforming daily life and industry. Kaspersky experts are contributing to the development of a new International Organisation for...