532 Optasia CEO Salvador Anglada Optasia has secured US$330-million (R5.4-billion) in refinanced and upsized debt facilities, with Standard Bank acting as joint mandated lead arranger and underwriter in a deal that deepens…
Category: Tech
Big Tech is going nuclear
397 Big Tech is reshaping the funding landscape for new nuclear technologies as it seeks to bolster electricity supply for power-hungry AI data centres, inking deals that offer nuclear companies both funding…
Microsoft is sacrificing Edge on the altar of Copilot
414 In the late 1990s, Microsoft learnt a lesson it seems to have spent the last two decades trying to forget: you cannot force a user to love a product through sheer…
5G expected to reshape South Africa’s wireless broadband market
613 South Africa’s broadband access market is expected to reach R82.8-billion in revenue by 2029, with 3.7 million new active subscriptions, according to the latest SA Broadband Report from ICT analyst firm…
Warning that South Africa’s digital competitiveness is in retreat
461 South Africa’s ability to compete in the global digital economy is slipping, with key metrics on infrastructure, broadband access and the country’s skills profile lagging as peer economies make faster headway….
US officials warn banks over powerful new Anthropic model
380 US treasury secretary Scott Bessent and US Federal Reserve chairman Jerome Powell convened an urgent meeting with bank CEOs this week to warn of cyber risks posed by Anthropic’s latest AI…
Software rout deepens as AI fears grip investors
517 US software shares tumbled on Thursday as fears over disruptions from advances in AI returned to the forefront following a recent update from Anthropic. Investors have dumped the sector’s stocks this…
What South African parents look for in an online school
460 In January, South Africa celebrated a record 88% matric pass rate. Within days, analysts dismantled the headline. Of the 1.25 million learners who started grade 1 in 2014, roughly 566 000…
The open banking divide in South Africa
491 Standard Bank Group’s Simon Just Standard Bank has come out in defence of a market-led approach to open banking in South Africa that the Reserve Bank recently criticised, while the fintech…
Anthropic’s Mythos is the cyberthreat every CISO feared
313 Late last month, the industry learnt that Anthropic is developing Claude Capybara – also referred to internally as Mythos – a powerful new AI model with substantially improved capabilities in vulnerability…