Vodacom secures majority control of Safaricom for R36 billion

Vodacom secures majority control of Safaricom for R36 billion

Vodacom Group has moved to cement its dominance in East Africa with a massive R36-billion ($2.1 billion) transaction that will give it a controlling interest in Safaricom, one of the continent’s most valuable telecommunications and fintech players. Read: Epson CO-W01 Projector Review: Project Success The Johannesburg-headquartered group announced on Thursday that it has reached an…

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Nvidia takes  billion stake in Synopsys with expanded computing power partnership

Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership

Nvidia on Monday announced it has purchased $2 billion of Synopsys‘ common stock as part of a strategic partnership to accelerate computing and artificial intelligence engineering solutions. As part of the multiyear partnership, Nvidia will help Synopsys accelerate its portfolio of compute-intensive applications, advance agentic AI engineering, expand cloud access and develop joint go-to-market initiatives,…

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OpenAI forges  billion cloud partnership with Amazon AWS

OpenAI forges $38 billion cloud partnership with Amazon AWS

Following the conclusion of its corporate restructuring last week, which included waiving Microsoft’s right of first refusal to be its exclusive compute provider, OpenAI has moved quickly to diversify its cloud infrastructure. The AI giant has just finalized a new, massive multi-year partnership with Amazon Web Services (AWS), reportedly valued at $38 billion. Read: Nvidia…

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