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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Blockchain booms in Africa as use cases multiply

Blockchain booms in Africa as use cases multiply

Blockchain technology is maturing on the African continent as use cases beyond cryptocurrency gain traction – in areas such as digital identity, payments, agriculture and data management. This is according to the Africa Blockchain Report 2024, compiled by Absa Corporate and Investment Banking (CIB) in collaboration with Crypto Valley Venture Capital (CV VC). According Brenton…

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