IBM doubles down on quantum computing with -billion bet

IBM doubles down on quantum computing with $10-billion bet

A quantum computer built by IBM IBM will invest more than US$10-billion in coming years in an effort to deliver the first large-scale fault-tolerant quantum computer by 2029, according to an SEC filing on Thursday. The investment will go towards R&D, capital expenditure, scaling manufacturing capabilities and acquisitions, the company known for building the Watson…

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SK Hynix and Micron join the  trillion club amid AI boom

SK Hynix and Micron join the $1 trillion club amid AI boom

SK Hynix has topped US$1-trillion in market capitalization for the first time, joining memory rivals Samsung Electronics and Micron Technology in a historic, AI-fuelled semiconductor rally. Shares of SK Hynix jumped 14.9% on Wednesday, pushing the company’s market value to a record ₩1,680-trillion ($1.12-trillion) and cementing South Korea as the first country outside the United…

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The data behind democracy: How to fix broken pipelines and make oversight measurable

The data behind democracy: How to fix broken pipelines and make oversight measurable

Turning parliamentary records into searchable, visual data. (Image source: 123RF) South Africa’s Parliament produces a significant volume of information. Committee minutes, attendance registers, written questions to ministers, budget review reports and so much more. This written record of parliamentary activity is extensive, and the problem is that it isn’t easily accessible. It’s information, not data,…

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4Sight earnings leap, led by back-office IT sales

4Sight earnings leap, led by back-office IT sales

Tertius Zitzke 4Sight Holdings has reported a sharp lift in earnings for the year to 28 February 2026 – but the JSE-listed group’s segmental data complicates the AI-led growth story it is pushing. Revenue rose 16.3% to R1.16-billion, operating profit climbed 45.8% to R71.7-million and headline earnings per share grew 46.1% to 10.732c. Basic EPS…

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AI-powered phishing a growing threat, warns Cisco’s Talos

AI-powered phishing a growing threat, warns Cisco’s Talos

AI phishing a growing threat, warns Cisco’s Talos. AI-powered phishing was the biggest threat observed in the first quarter of this year, according to a statement from Cisco’s Talos intelligence research group. “Almost nine out of 10 organisations across South Africa experienced an AI-related security incident and lack visibility into how threat actors are using…

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Industry pushes for national EV charging framework

Industry pushes for national EV charging framework

Experts say stronger government incentives and clearer policy frameworks are needed to accelerate EV charging. (Image created via Gemini) Regulatory uncertainty and lack of government funding are major obstacles to scaling South Africa’s charging network, says the electric vehicle (EV) charging infrastructure sector. While SA has made meaningful progress in building public charging infrastructure over…

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Mobile operators locked out as Icasa opens 900MHz of spectrum

Mobile operators locked out as Icasa opens 900MHz of spectrum

Communications regulator Icasa has gazetted the final regulations on the use of “innovation spectrum”, formally settling one of the most contested questions in South African spectrum policy. In terms of the newly published final regulations, the lower 6GHz band (5.925-6.425GHz) will be licence-exempt and available to wireless internet service providers (Wisps), Wi-Fi deployments, private networks…

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Wonga takes the highest accolade of the night at the 2026 Africa Tech Week Awards

Wonga takes the highest accolade of the night at the 2026 Africa Tech Week Awards

Wonga was honoured with the Africa Tech: Technology Company of the Year award at the 2026 Africa Tech Week Awards for its exemplary use of technology. Wonga has successfully modernised the lending process, significantly improving customer outcomes and demonstrating responsible, scalable growth. The company is recognised for its consistently brilliant approach, presenting the loan process…

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