288 Optimism over the profit potential of artificial intelligence has helped drive the US stock market to record highs, but investors are looking for weak spots that could emerge in the AI…
Category: Business
Parks Tau to monitor Temu in SA, as silence surrounds Gayton McKenzie’s meeting with Shein
190No one is willing to talk about the meeting between Shein and McKenzie, attended by Mbalula. Minister of Trade, Industry and Competition Parks Tau said his department will monitor and investigate if…
Sixty60 smashes 100 million orders
387 Sixty60, the on-demand grocery delivery platform built by Shoprite Group, has fulfilled over 100 million orders since its launch in November 2019. This is according to Shoprite’s annual report, published on…
Absa joins Ripple’s custody network in digital-asset push
233 Absa has announced a partnership with Ripple under which it will adopt the blockchain infrastructure specialist’s institutional-grade custody platform to offer secure storage solutions for tokenised assets – including cryptocurrencies –…
Shoprite’s CEO gets R1.6m per month, while employees get an average of R14k Â
253 The CEO received benefits such as car allowances and employees received discounts on Shoprite retail products. The pay gap between ordinary employees and executives at most companies is mind-blowing, and this…
key insights from Azure Arc SQL webinar
231 Technology decisions are never just about technology. They define how resilient a business can be, how fast it can move and how much trust it earns. At the heart of it…
OpenAI adds rand pricing, launches cheaper ChatGPT Go tier
383 OpenAI is hoping to expand its reach in Africa with the launch of ChatGPT Go, a new subscription tier aimed at making its advanced AI tools more affordable and accessible –…
South African executive pay rises amid global talent race
220Key drivers are performance-based incentives and global benchmarking. The competition for global executive talent has resulted in a notable uptick in remuneration packages for top leadership roles in South Africa. Executive directors…
In a world of media clickbait, trust matters more than ever
226 In an age when headlines are engineered to shock and algorithms reward sensationalism, genuine journalism is more valuable than ever. We reject the notion that more clicks equal more value. We…
Intel fights back in the AI chip wars
200 Intel has announced a new AI chip for the data centre that it plans to launch next year, in a renewed push to break into the AI silicon market. The new chip,…