SA’s AI lead is good news; it’s also a warning

SA’s AI lead is good news; it’s also a warning

Justin Mackenzie, managing director of VO Connect. Artificial intelligence (AI) is no longer sitting in strategy decks. It is already showing up in support desks, sales teams, finance workflows and customer-facing operations. Microsoft’s latest AI diffusion data places South Africa ahead of every other African market measured, with more than 23% of the working-age population…

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AI demand sparks ‘chipflation’ warning

AI demand sparks ‘chipflation’ warning

Soaring memory chip prices driven by massive AI demand risk stoking “chipflation”, Morgan Stanley analysts have cautioned, as makers of devices from smartphones to PCs are forced to choose between raising prices and settling for thinner margins. The brokerage said on Tuesday that memory chip prices have spiked sixfold in the past year, as manufacturers…

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Naspers shares tumble on iFood investment warning

Naspers shares tumble on iFood investment warning

Naspers and Prosus CEO Fabricio Bloisi Naspers and Prosus shares both shed around 7% on the JSE on Tuesday after the technology investment group warned it will sharply increase spending at iFood, its Brazilian food delivery crown jewel, to fight off an aggressive competitive offensive in its single most important operating market. In a letter…

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