Manami Yamada/Reuters Nvidia has agreed to buy Hugging Face, a repository of open-source AI models, for US$12.9-billion, The Information reported on Wednesday (paywall), citing a person with knowledge of the deal. A deal of that size would mark one of Nvidia’s largest acquisitions to date and underscore how the Jensen Huang-led company at the centre…
Fox Corp is buying Roku in a cash-and-stock deal valued at about US$22-billion in a bet that pairing its sports and news programming with a top TV streaming platform will strengthen its position as audiences shift online. The deal, announced on Monday, gives the cable TV-reliant Fox direct access to Roku’s large installed base of…
SpaceX launches their IPO at the Nasdaq in New York City on June 12, 2026. Adam Jeffery | CNBC There ain’t nothing like the real thing. SpaceX “proxy stocks,” whose options volumes were booming ahead of Friday’s historic initial public offering, are unwinding gains. Some look like they have more potential for a rebound than…
The first stage is human with an AI assistant. (Image source: 123RF) There is a productivity crisis in many organisations today. Leaders are under pressure to move faster, improve service and do more with teams that are already stretched. Microsoft’s 2025 Work Trend Index shows that 53% of leaders say productivity must increase, while 80%…
Google is introducing a suite of new features for the Play Store aimed at lowering the barrier to entry for paid titles and enhancing the in-game experience. The headlining addition is Game Trials, a feature that allows users to play a portion of a premium game for free before committing to a purchase. Read: Bandwidth…
Washington — President Trump announced Monday that he and Indian Prime Minister Narendra Modi have agreed to a trade deal that will lower tariffs on products from India to 18% and halt India’s purchase of Russian oil. In a post on Truth Social, the president said Modi also committed to buy American products at a…
Local is lekker – why buying local is better than importing. Operators in the ICT industry are becoming more comfortable and willing to purchase goods from overseas companies who sell via faceless online portals. Directly imported goods are often seen as cheaper or more attractive. However, choosing to buy local is not just a patriotic…
Jonathan Ross, chief executive officer of Groq Inc., during the GenAI Summit in San Francisco, California, US, on Thursday, May 30, 2024. David Paul | Bloomberg | Getty Images Nvidia has agreed to buy assets from Groq, a designer of high-performance artificial intelligence accelerator chips, for $20 billion in cash, according to Alex Davis, CEO…
As Black Friday banners flash across screens and festive cheer builds, South Africans face a surge of high-pressure buying moments. On Black Friday last year alone, FNB customers spent over R3.2 billion, marking an 11% increase in spend from the previous year. The bulk of this spending went toward groceries, clothing, entertainment, and travel, reflecting…
Qualcomm on Tuesday said it has acquired Arduino, an Italian not-for-profit firm that makes hardware and software for developing prototypes of robots and other electronic gadgets. San Diego-based Qualcomm is a major supplier of chips at the heart of mobile phones but has been expanding into other fields such as connected vehicles, wireless earphones, laptop…
