281 OpenAI CEO Sam Altman. Shelby Tauber/Reuters OpenAI is unsatisfied with some of Nvidia’s latest AI chips, and it has sought alternatives since last year, eight sources familiar with the matter said….
Category: Business
China’s Haier takes aim at Samsung, LG and Hisense in South Africa
322 The entry of China’s Haier into South Africa looks set to sharpen competition in the local home appliance market, raising pressure on established brands such as Samsung, LG and Hisense. The…
Heavyweights backing ZARU, a new rand-based stablecoin in South Africa
331 A partnership between four South African financial institutions has led to the launch of an “institutional-grade” stablecoin pegged to the rand. Dubbed ZAR Universal, or ZARU, the stablecoin will made available…
SA regulators permitting sale of vehicles with lower safety standards
266 The same vehicle sold in all other major markets has higher mandatory safety standards than in SA, according to the Automobile Association. Vehicles with inferior safety protection features compared to those…
South African tech start-ups that sold big on the world stage
390 South African technology entrepreneurs are among the most creative and resilient in the world, with some of the most successful homegrown start-ups having gone on to tackle international markets. Some choose…
Xneelo breaks ground on second Samrand data centre
274 Xneelo has begun construction on a second data centre at Samrand in Gauteng, expanding its infrastructure footprint as it prepares for growing demand for hosting and cloud services in South Africa….
Chaos as CoJ’s billing and payments systems buckle
274 The City of Johannesburg’s two core billing systems are offline, and its customer services centres stopped accepting payments on Monday (2 February). It is understood that all payments made in the…
Standard Bank branches are going cashless
299 Standard Bank’s Kabelo Makeke Standard Bank said on Tuesday that it is accelerating the shift to cashless branches as it adapts its physical network to changing customer behaviour and declining cash…
SpaceX acquires xAI in record-breaking deal
280 SpaceX’s Super Heavy booster lands during SpaceX Starship’s fifth flight test, in Boca Chica, Texas. Kaylee Greenlee Bea/Reuters Elon Musk said on Monday that SpaceX has acquired his artificial intelligence start-up…
Household food basket price up again, but slightly less than a year ago
249It is not only research that shows that more people cannot afford to feed their families a nutritious diet. Low-income consumers see food disappear from their plates every day. The monthly household…