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,…

Read More
Africa: What’s At Stake in the COP30 Negotiations?

Africa: What’s At Stake in the COP30 Negotiations?

As climate talks in Belém enter their final stretch, negotiators are working on three fronts: technical details, ministerial consultations, and Presidency-led discussions. Behind the jargon and complex frameworks lie fundamental choices for more than 190 countries – choices that could shape how the Paris Agreement, signed in 2015, is turned into real-world action. In practical…

Read More
Blue Label secures majority Cell C stake

Blue Label secures majority Cell C stake

Blue Label has achieved majority ownership of Cell C. Blue Label has finally achieved its almost decade-long goal of securing a majority stake in Cell C, South Africa’s fourth biggest mobile operator, reaching 53.57% ownership. Final approval from the Competition Tribunal concludes several regulatory hurdles for Blue Label – which is rebranding as Blu Label…

Read More
Datatec CEO Jens Montanana lifts stake to R2.5bn

Datatec CEO Jens Montanana lifts stake to R2.5bn

Datatec CEO Jens Montanana. Datatec CEO Jens Montanana has increased his stake in the company to R2.5 billion through incremental share purchases, underscoring his confidence in the ICT distribution group. Before his latest share purchase yesterday, Montanana was already Datatec’s largest shareholder, surpassing the Public Investment Corporation (PIC), which is Africa’s biggest investment manager, with…

Read More
Softbank pumps bn into struggling Intel, as Trump eyes stake

Softbank pumps $2bn into struggling Intel, as Trump eyes stake

Intel CEO Lip-Bu Tan. Japanese-based multinational conglomerate SoftBank and US-based chipmaker Intel have signed a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock. In a joint statement, the organisations say the investment comes as they deepen their commitment to investing in advanced technology and semiconductor innovation…

Read More