OpenAI’s latest announcement introduces “fast mode” for GPT-5.6 Sol. ChatGPT developer OpenAI has cut the cost of its GPT-5.6 artificial intelligence (AI) models by as much as 80% and introduced faster processing for its premium model. This, as competition intensifies among AI providers to make enterprise AI more affordable and scalable. The company announced yesterday…
SpaceX’s Starbase facility in Texas. Gabriel V Cardenas/Reuters SpaceX shares dropped below their initial public offering price for the first time on Wednesday before closing just above that level, just over a month after the rockets-to-AI firm completed the biggest IPO ever and made Elon Musk the world’s first trillionaire. The shares slid 0.6% to…
Apple raised iPad and MacBook prices on Thursday, saying it could no longer shield customers from soaring memory and storage chip costs driven by the AI industry’s data centre buildout. The move does not affect Apple’s main cash cow, the iPhone. But it would take starting price of the Neo — its lowest priced laptop…
Take-Two Interactive Software has priced its highly anticipated Grand Theft Auto VI at US$79.99 (R1 330 at the time of publication) and will launch the game on 19 November, the company said on Wednesday. GTA 6 is expected to be the world’s largest videogame launch, bringing in billions of dollars in sales within days of release…
SpaceX shares climbed about 4% on Tuesday after slipping below $150, the price of its first trade when it debuted nearly two weeks ago. The initial slide also took the market cap below $2 trillion. Elon Musk‘s space and artificial intelligence company saw a $400 billion sell-off on Monday, tanking 16%, following drops of 3.6%…
Apple CEO Tim Cook Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told the Wall Street Journal in an interview. A surge in AI-driven demand for data centres has forced consumer electronics companies into a fierce competition for dwindling supplies of the key components,…
Mombasa, Kenya — For decades, the outlook for the coral reefs has been increasingly bleak. Corals are some of the world’s most biodiverse ecosystems, which have faced an existential threat due to rising temperatures that cause increased incidences of bleaching. This makes it inevitable that reefs will experience rapid decline. However, scientists’ latest findings seem…
Google is significantly lowering the financial barrier to its consumer artificial intelligence ecosystem by restructuring its entry-level subscription tier. The Google AI Plus plan will now cost $5 per month, down from its original launch price of $8 per month, according to an announcement by Vikas Kansal, Google’s Product Lead for Gemini AI Subscriptions. To…
SpaceX on Thursday set its final IPO price at $135, the last stage in a long running process to bring Elon Musk’s space and AI conglomerate public. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The company, which also owns the X social media network, will begin trading…
Consumer inflation in the United States increased at the fastest pace in three years as surging oil prices amid tensions with Iran weigh on global energy markets before the US Federal Reserve’s policy meeting next week. Inflation rose by 0.5 percent in May compared with the prior month, following a 0.6 percent jump in April,…
