SpaceX bets the rocket farm on AI

SpaceX bets the rocket farm on AI

A SpaceX Super Heavy booster carrying the Starship spacecraft lifts off on its 11th test flight at the company’s launch pad in Starbase, Texas, last year. Steve Nesius/Reuters Elon Musk is touting SpaceX as humanity’s ticket to Mars. But the company’s pitch to investors for a potentially historic IPO reveals that its main business will…

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Capitec bets big on AI

Capitec bets big on AI

Capitec Bank has put artificial intelligence tools in the hands of almost 5 000 of its employees and is running an agentic AI inside its business banking credit processing operation, according to the group’s 2026 integrated annual report, published on Wednesday alongside its full-year financial results. South Africa’s largest retail bank by client numbers said the…

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Adobe bets on AI agents to fend off cheaper rivals

Adobe bets on AI agents to fend off cheaper rivals

Kylie Cooper/Reuters Adobe is releasing a new AI assistant designed to help users carry out tasks across its suite of software for editing photos, videos and other digital content. The Firefly AI assistant is designed to take orders from human creative professionals about what results they want for a piece of content and then autonomously…

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Makro bets on refurbished tech as consumers hunt value

Makro bets on refurbished tech as consumers hunt value

Makro has launched a refurbished technology offering, branded Makro Restored, as retailers respond to rising consumer demand for cheaper alternatives to new devices. The range includes refurbished and pre-owned smartphones, tablets, laptops, desktops, smartwatches, audio products and gaming consoles from major technology brands. Devices are sourced from third-party resellers approved by Makro and are sold…

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India’s budget bets on infrastructure, manufacturing amid global trade war | Business and Economy News

India’s budget bets on infrastructure, manufacturing amid global trade war | Business and Economy News

Modi’s government presents annual budget, focusing on sustaining growth despite volatile financial markets and trade uncertainty. Published On 1 Feb 20261 Feb 2026 Click here to share on social media share2 Share Indian Prime Minister Narendra Modi’s government has unveiled its annual budget, aiming for steady growth in an uncertain global economy rocked by recent…

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BlackRock bets on ‘pick and shovel’ trade as AI spending frenzy still has legs

BlackRock bets on ‘pick and shovel’ trade as AI spending frenzy still has legs

Ben Powell, chief strategist for Middle East and Asia Pacific at BlackRock Investment Institute, at the Abu Dhabi Finance Week (ADFW) conference. Bloomberg | Getty Images The wave of capital pouring into artificial intelligence infrastructure is far from peaking, said Ben Powell, chief investment strategist for APAC at BlackRock, arguing the sector’s “picks and shovels”…

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