Why the AI boom has hit a funding wall
A market selloff is forcing companies driving the global AI boom to delay fundraising plans or pay more for capital as investors demand proof they can absorb rising interest rates and computing-power costs.
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A market selloff is forcing companies driving the global AI boom to delay fundraising plans or pay more for capital as investors demand proof they can absorb rising interest rates and computing-power costs.
Rob Green believes a golden era is starting in the legal profession, driven, paradoxically, by the very technology that was supposed to destroy it.
Artificial Intelligence (AI) tools will increasingly provide good and accurate answers to your questions about money.
A single glass fitment outlet in the Western Cape tourist town of Hermanus replaced nine windscreens after guinea fowl strikes in September alone, and some insurers see the seasonal spike too, says Wendy Knowler.
Pathology services network Ampath has confirmed a data breach that may have affected certain personal and administrative data, but says it has not yet detected any evidence that patient health data was leaked.
Even the slightest whiff of a problem in the AI space is bringing a bid back for government bonds, writes Mike Dolan.
The DJI Osmo Pocket 4 landed in April, and it’s everything we hoped for – a pocket-sized powerhouse that redefines what a handheld gimbal camera can do.
Europe is getting the yuan adjustment it wanted, though via an unwelcome route, says Mike Dolan.
Being reliant on the productive capacity of a relatively small segment of the population to meet our country’s food needs is unsustainable, writes Cyril Ramaphosa.
A woman’s estranged husband had used her ID to get an upgrade and a new handset on her MTN account back in 2024, leaving her blacklisted for the debt. Wendy Knowler took up the case.
Anthropic said its Claude AI model carried out additional unintended actions on the digital systems of outside organisations, including submitting a false tip in a police homicide case, prompting a warning from the Trump administration for artificial intelligence companies to secure their systems.
The AfCRA has potential to support the development of domestic capital markets, where limited information and weak market coverage can increase borrowing costs and constrain investor participation. But the establishment of a new ratings agency is unlikely, by itself, to reduce sovereign borrowing…
Ninety One will financially back infrastructure projects to reverse the decay of Johannesburg, the continent’s financial capital.
For more than 15 years, activating a cellphone SIM card in South Africa has meant going through “the RICA process” – registering it using verified identifying information. Despite this cumbersome procedure, fraudsters still phone people from apparently ordinary local numbers, and sometimes even…
Forcing mobile operators to roll over the unused portion of certain bundles before expiry may work against the goal of making data more affordable for South Africans, a principal economist at the Competition Commission has warned.
BMW is planning to deploy artificial intelligence to help eliminate a fifth of management roles by the middle of next year, part of an agreed buyout plan designed to slash costs and boost profitability.
A US judge has rejected MTN’s bid to revisit earlier rulings in a major anti-terrorism lawsuit and refused to allow an appeal, clearing the way for the case to move into discovery.
The use of AI has created a brave new litigation world, explains Dario Milo of Webber Wentzel.