artificial intelligence (ai)

  1. Hanno Labuschagne

    AI making mass-affluent market unattractive for wealth managers

    AI making mass-affluent market unattractive for wealth managers Wealth managers keen to stay relevant in the age of artificial intelligence (AI) may soon find that clients with a mere $1 million in liquid assets are no longer worth spending human hours on. “The mass-affluent client now gets...
  2. Hanno Labuschagne

    MTN making its fibre network smarter

    MTN making its fibre network smarter MTN is deploying technology that automatically detects when physical disruptions affect its fibre Internet network, which reduces the time it takes to dispatch technicians to fix problems. This was revealed by group chief technology officer Charles...
  3. Hanno Labuschagne

    Apple reveals Siri AI powered by Google

    Apple reveals Siri AI powered by Google Apple unveiled the next generation of its artificial intelligence (AI) platform, including an update to its Siri digital assistant, part of a bid to catch up with Silicon Valley peers in a critical market. The new Apple Intelligence system — underpinned...
  4. Hanno Labuschagne

    Meta rolling out AI subscriptions

    Meta rolling out AI subscriptions Meta Platforms is selling consumer subscriptions to its Meta AI chatbot for the first time, a key step toward building a business that would help offset hundreds of billions of dollars in artificial intelligence investments by the company. The new...
  5. Hanno Labuschagne

    Aura stops crime before it happens using predictive AI models

    Aura stops crime before it happens using predictive AI models South African security company Aura said that it has shifted from reacting to crimes to preventing them entirely, using its large data sets and predictive AI models. Aura consolidated hundreds of independent armed response and...
  6. Hanno Labuschagne

    Gigabyte shifting focus to enterprise products in SA

    Gigabyte shifting focus to enterprise products in SA Taiwanese hardware company Gigabyte is coming off an outstanding 2025, when it saw "exceptional growth" in South Africa's PC components sector. The company is now looking to diversify its portfolio and focus on reaching new customers with...
  7. Hanno Labuschagne

    How Grabouw is helping shape tech in agriculture

    How Grabouw is helping shape tech in agriculture The Western Cape town of Grabouw is a major playing field for innovative agricultural technologies, including drone-based spectral imaging and artificial intelligence-driven irrigation. About 65km east of Cape Town, Grabouw is the commercial hub...
  8. Hanno Labuschagne

    Meta Platforms shares plummet with more AI spending on the cards

    Meta Platforms shares plummet with more AI spending on the cards Meta Platforms shares plunged the most in six months after the company raised its spending outlook for the year. The move reignited fears that the historic levels of investment that chief executive officer Mark Zuckerberg is...
  9. Hanno Labuschagne

    Comms department suspends two officials over fake AI research in SA draft AI Policy

    Comms department suspends two officials over fake AI research in SA draft AI Policy South Africa's communications department placed two officials on precautionary suspension pending an investigation into artificial intelligence (AI) hallucinations in the country's draft National AI Policy...
  10. Hanno Labuschagne

    Researchers find 5 popular AI chatbots give wrong medical advice half the time

    Researchers find 5 popular AI chatbots give wrong medical advice half the time Artificial intelligence-driven chatbots are giving users problematic medical advice about half the time, according to a new study, highlighting the health risks of the technology that’s becoming increasingly integral...
  11. Hanno Labuschagne

    Anthropic CEO believes AI will destroy these jobs

    Anthropic CEO believes AI will destroy these jobs Anthropic CEO Dario Amodei, one of the world’s leading AI experts, said he is concerned that entry-level white-collar office jobs will be wiped out in the near future. “Entry-level jobs in areas like finance, consulting, tech, and many other...
  12. Hanno Labuschagne

    South Africans are using AI to craft banking and insurance complaints

    South Africans are using AI to craft banking and insurance complaints The National Financial Ombuds Scheme is becoming frustrated with South Africans using artificial intelligence (AI) to generate complaints, some of which run up to 200 pages and cite false information. Speaking to 702, CEO at...
  13. Hanno Labuschagne

    Vodacom and Standard Bank warn about AI-generated scams

    Vodacom and Standard Bank warn about AI-generated scams Two prominent South African companies, Standard Bank and Vodacom, have warned South Africans about fraudsters using fake artificial intelligence (AI) generated videos and images to scam people. According to Marius le Roux, head of fraud...
  14. Hanno Labuschagne

    New scam using AI generated video of Johann Rupert and Cyril Ramaphosa

    New scam using AI generated video of Johann Rupert and Cyril Ramaphosa A new scam targeting South Africans has appeared online that uses an AI-generated fake video of Cyril Ramaphosa endorsing a scheme called “the Wealthicator project”. The scheme promises people a return of R250,000 for an...
  15. Hanno Labuschagne

    Ben Affleck-founded AI company bought by Netflix

    Ben Affleck-founded AI company bought by Netflix Netflix acquired InterPositive, an AI filmmaking technology business founded four years ago by actor Ben Affleck. The company uses artificial intelligence to help moviemakers perform tasks such as adjusting colours, applying visual effects and...
  16. Hanno Labuschagne

    Nvidia not investing pledged maximum of $100 billion in OpenAI

    Nvidia not investing pledged maximum of $100 billion in OpenAI Nvidia chief executive officer Jensen Huang doesn’t see his company’s investments in OpenAI reaching $100 billion (R1.65 trillion) — the maximum amount that the chipmaking giant had once pledged to spend on the startup. “I think...
  17. Hanno Labuschagne

    Growing concern about increased AI use in universities

    Growing concern about increased AI use in universities Concerns about the growing use of artificial intelligence (AI) tools by university students are mounting, and universities in South Africa may have to transition from written assignments as a result. According to AI engineer Akhil Boddu...
  18. Hanno Labuschagne

    Sygnia launching new venture capital fund for AI startups in South Africa

    Sygnia launching new venture capital fund for AI startups in South Africa Sygnia founder and CEO Magda Wierzycka is launching a venture capital fund to invest in South African startups developing artificial intelligence (AI) tools, Business Times reports. Wierzycka is one of South Africa's...
  19. Hanno Labuschagne

    Amazon research discovers small hacking group used AI to break into 600 firewalls in five weeks

    Amazon research discovers small hacking group used AI to break into 600 firewalls in five weeks Over the last five weeks, a limited number of hackers broke into more than 600 firewalls across dozens of countries with the help of widely available artificial intelligence tools, according to...
  20. Hanno Labuschagne

    Samsung share price hits a new record

    Samsung share price hits a new record Samsung Electronics shares jumped to a fresh record high Thursday, after local media reported that the firm is negotiating a price for its latest artificial intelligence memory chip that’s up to 30% higher than the previous generation. The chipmaker’s...
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