Africa: Anthropic Targets November IPO Amid Ai Rivalry

Africa: Anthropic Targets November IPO Amid Ai Rivalry

Anthropic PBC, the artificial intelligence company known for its Claude chatbot, is reportedly planning to launch its initial public offering as early as mid-November. The potential listing comes after the company shifted its earlier IPO timetable. Bloomberg reported the development, citing unnamed sources familiar with the private discussions. This move places Anthropic at the forefront…

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AI spending now dwarfs the railway and dot-com booms

AI spending now dwarfs the railway and dot-com booms

Never has so much cash flowed into a new technology as is pouring into AI, eclipsing the sums splurged on railways or the internet when those technological revolutions sucked in capital. Cumulative spending globally on data centres alone could top US$30-trillion by 2050, according to a projection by PwC, almost matching the value of outstanding…

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Financial and mental health risks

Financial and mental health risks

The Draft Kings website arranged on a laptop in New Hyde Park, New York, US, on Wednesday, Sept. 17, 2025. Gabby Jones | Bloomberg | Getty Images Wagering on sports outcomes has exploded in the 2020s, but recent surveys show just how widespread gambling has become for Generation Z.  A survey of retail investors released…

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Barnes Smart Solutions strengthens P3 for next generation of secure EMV card issuance

Barnes Smart Solutions strengthens P3 for next generation of secure EMV card issuance

P3 is designed to integrate into an organisation’s existing card-issuance environment. (Image source: 123RF) Barnes Smart Solutions, a specialist provider of payment-card technology, is continuing to enhance its P3 EMV Data Preparation solution to meet evolving security standards, cryptographic requirements and card-issuance models.  P3 is a secure EMV data-preparation platform developed, sold and supported by…

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15.3m shares at no cost

15.3m shares at no cost

Cell C CEO Jorges Mendes The R20.8-million Cell C CEO Jorge Mendes spent on the company’s shares in September sits on top of a far larger holding he did not pay for: 7.65 million shares, worth about R203-million at the R26.50 listing price, allocated to him by the operator’s largest shareholder when it listed on…

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