17 h. ago OpenAI in Talks With Amazon Over Potential Investment and AI Chip Partnership

OpenAI is in discussions with Amazon over a potential investment and an agreement to use the company’s artificial intelligence chips, CNBC confirmed on Tuesday. The details remain fluid and subject to change, but the investment could exceed $10 billion, according to a person familiar with the matter who spoke on condition of anonymity because the [...]

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18 h. ago AI Retail Platform Fynd Expands Into South Africa With Surtee Group Partnership

Fynd, an AI-native retail technology platform backed by Reliance Retail Ventures Limited, has officially expanded into South Africa, marking its entry into the African market through a partnership with Surtee Group, one of the country’s established luxury and fashion retailers. The move comes as South Africa’s e-commerce sector continues to grow rapidly. According to Statista, [...]

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49 h. ago AI Investment Boom Faces Growing Doubts as Costs Rise and Returns Lag

Three years after OpenAI ignited global enthusiasm for artificial intelligence with the launch of ChatGPT, investor confidence is showing signs of strain. While funding continues to pour into the sector, doubts are growing about whether current spending levels can deliver sustainable returns. Recent market moves have added to the unease. Nvidia shares have sold off, [...]

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1 week ago Africa Outpaces the World in Workplace AI Adoption, PwC Report Shows

Africa’s workforce is embracing artificial intelligence (AI) faster than any other region, with 64 percent of workers reporting that they used AI tools in the past year — far above the global average of 54 percent. This is according to PwC’s Africa Workforce Hopes & Fears Survey 2025, which signals that the continent’s digital adoption [...]

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2 w. ago Protei Exec Says AI, Network Optimization Key to Sustainable Telecom Growth in Africa

At AfricaCom 2025 in Cape Town, Vladimir Freinkman, vice president of marketing and business development at Protei, discussed sustainable growth, network optimization, artificial intelligence and the role of tier-two vendors in Africa’s telecom market during an interview with TechAfrica News founder Akim Benamara. Balancing Growth, Investment and Revenue Freinkman said operators face a widening gap [...]

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2 w. ago Chinese AI Startup DeepSeek Gains Traction In Africa, Raising Concerns Over Data Privacy And Dependence

Chinese startup DeepSeek caused turbulence in the global AI market earlier this year with its claim that its large language model, R1, was developed at a fraction of the cost of U.S. competitors. The company said it trained the open-source model for $6 million, compared with the roughly $100 million OpenAI invested in training ChatGPT-4. [...]

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2 w. ago NVIDIA Targets Morocco As Next African Expansion Hub After South Africa Entry

NVIDIA has identified Morocco as a priority market for its African expansion, signaling the continent’s rising role in global artificial intelligence infrastructure. The move follows the company’s June launch in South Africa, where it partnered with Cassava Technologies to establish Africa’s first AI factory. A company delegation recently visited Rabat to meet key economic stakeholders, [...]

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3 w. ago Nvidia Posts Soaring Revenue As AI Chip Demand Surges, Easing Fears Of An AI Market Bubble

Nvidia has reported stronger-than-expected quarterly results, easing investor concerns about heavy artificial intelligence spending that has unsettled markets. Revenue for the three months to October rose 62 percent to $57 billion, driven largely by demand for the company’s chips used in AI data centres. Sales from that division increased 66 percent to more than $51 [...]

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3 w. ago Survey Finds Half Of Novelists Fear Full Replacement By AI As Income Losses And Copyright Concerns Grow

The novel has endured the industrial revolution, radio, television and the internet. Now it faces a new challenger: artificial intelligence. According to a new survey, 51 percent of novelists fear they will be replaced by AI entirely, even though most do not use the technology themselves. The study, conducted by the University of Cambridge’s Minderoo [...]

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3 w. ago Lamola Says South Africa Will Use G20 Summit To Push For Fairer Trade, Beneficiation And Digital Revenue Reform

International Relations and Co-operation Minister Ronald Lamola on Thursday outlined the economic issues South Africa plans to raise when world leaders meet in Johannesburg for the G20 summit this weekend. Speaking about South Africa’s position in global manufacturing and the green transition, Lamola said the country supplies many of the minerals needed for technologies such [...]

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4 w. ago IBM Study: Middle East and Africa Chief Data Officers Redefine Strategies as AI Ambitions Outpace Readiness

A new global study by the IBM (NYSE: IBM) Institute for Business Value reveals enterprise data strategies are rapidly evolving as organizations race to scale AI across their business. The findings suggest that while Chief Data Officers (CDOs) are at the helm of this transformation, many say their data is still not ready to unlock [...]

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