67 OpenAI CEO Sam Altman and Elon Musk during the trial. Manuel Orbegozo/Reuters A US jury on Monday ruled against Elon Musk in his lawsuit against OpenAI, finding the AI company not…
Category: Tech
Netstar brings coding and robotics to inner-city Joburg
80 From left, Collin Govender, Altron Group chief operating officer; Leona Pienaar, MES CEO; Marisa Jansen van Vuuren, Altron Group chief marketing officer; Innocent Mabusela, Jozi My Jozi CEO; and Warren Mande,…
South Africa leads rest of Africa in AI adoption
75 South Africa is the highest-ranked country on the African continent for adoption of generative AI, according to new data from Microsoft – though the figures also show just how far the…
Investec’s contrarian AI bet: people over machines
75 Investec Specialist Bank CIO Graeme Lockley South Africa’s banks are placing strikingly different bets on artificial intelligence. Investec is resisting the AI-first turn that competitors such as Discovery and Capitec are…
Charge’s R1.8-billion bet on an off-grid EV future
77 Charge chairman Joubert Roux South Africa has fewer than 400 public electric vehicle charging stations – up from zero just 15 years ago – and EV adoption remains stubbornly slow. Yet…
GoTyme braces for customer churn as it forces app migration
82 GoTyme Bank CEO Cheslyn Jacobs Customers of GoTyme Bank – the digital lender formerly known as TymeBank – face a double change as the company completes its rebrand and migrates users…
WeBuyCars to sell its AI inspection platform to rivals
77 WeBuyCars CEO Faan van der Walt WeBuyCars plans to begin offering its proprietary vehicle inspection platform, Inspectify, to the broader used-car market within the next six to 12 months, opening what…
AFC commits $100-million to African tech funds
73 Africa Finance Corporation has approved a commitment of up to US$100-million to invest in Africa-focused technology fund managers — a move aimed at increasing the share of local capital in the…
Bitcoin firm headed to JSE main board
73 Africa Bitcoin Corporation, the JSE-listed company formerly known as Altvest Capital, is moving its listing from the bourse’s junior market to the main board. The company said the JSE has approved…
Activists challenge 160MW Cape Town data centre project
62 A plan by US-listed Equinix to build two data centres in Cape Town should not be approved without full disclosure of its water, power and environmental impact, a formal objection lodged…
