Nvidia beats again – but Wall Street has stopped cheering

Nvidia beats again – but Wall Street has stopped cheering

Dado Ruvic/Reuters Chip maker Nvidia posted better-than-expected results for the January quarter on Wednesday and forecast current-quarter revenue above market estimates, betting on Big Tech’s unabated spending on its AI processors. But its stock traded flat after hours, as investors, used to solid revenue beats from the company for 14 straight quarters, were likely disappointed…

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SA enterprises look to GenAI to ease budget constraints

SA enterprises look to GenAI to ease budget constraints

Amantha Naidoo, executive MD of NTT Data South Africa. (Image: supplied) South African businesses are increasingly turning to generative AI (GenAI) to tackle operational inefficiencies, as they face growing pressure to do more with fewer resources, amid budget constraints. The technology, once considered experimental, is now being deployed to solve real-world business problems. This is…

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The data sovereignty paradox

The data sovereignty paradox

Data sovereignty has become a top boardroom issue. Regulators demand it, customers expect it, and CIOs and chief technology officers are tasked with delivering it. The assumption is simple: if your data resides locally, under your jurisdiction, you control it. However, as explored in episode 5 of Altron’s Local Logic podcast series — in which…

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Parly committee backs payroll reform measures

Parly committee backs payroll reform measures

The Parliamentary Portfolio Committee on Public Service has welcomed allocations to support the modernisation of government’s payroll system. Parliament’s Portfolio Committee on Public Service has stated it supports government’s pronouncements on payroll reform measures that put technology at the forefront. This, after National Treasury said it will allocate funds to modernise government’s payroll system and…

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SA powers Africa’s .64bn tech funding rebound

SA powers Africa’s $1.64bn tech funding rebound

SA is one of the biggest beneficiaries of the start-up funding recovery, raising $335.9 million. (Image created via ChatGPT) South Africa emerged as one of the biggest beneficiaries of Africa’s tech start-up funding rebound in 2025, as total capital raised across the continent surged 46.2% year-on-year to $1.64 billion. This is according to the latest…

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Liquid secures nearly R10-billion in new funding

Liquid secures nearly R10-billion in new funding

Liquid Intelligent Technologies has secured US$410-million (R6.5-billion) in new financing from a consortium of commercial development finance institutions, according to a Thursday statement. Liquid’s parent company Cassava Technologies has simultaneously committed to a $195-million (R3.1-billion) capital injection into Liquid, bringing the total new funding to R9.6-billion. The news follows the full repayment by Liquid of…

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Discovery Bank turns R145m loss into R230m profit

Discovery Bank turns R145m loss into R230m profit

Discovery Bank was launched in 2019 as SA’s first fully digital, wellness‑linked bank, part of the Discovery Limited ecosystem. Discovery Bank is accelerating client acquisition in South Africa, as it deepens its footprint in an increasingly competitive retail banking market. This emerged when parent company insurer Discovery yesterday published its operational update and trading statement…

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