6+ hour, 13+ min ago   (425+ words) China’s commerce ministry on Monday accused the US of “AI hegemonism” and threatened countermeasures after senior US officials said Chinese AI companies could face investigations, sanctions and trade restrictions over the alleged theft of US technology. The ministry said Washington…...

7+ hour, 30+ min ago   (751+ words) By Yantoultra Ngui and Samuel Shen Singapore/Shanghai — Shares of CXMT Corp soared 466% on their Shanghai trading debut on Monday following Asia’s biggest IPO this year, catapulting the chipmaker to the top of China’s stock market by valuation, despite a…...

7+ hour, 40+ min ago   (218+ words) The growing importance of cybersecurity for company boards is the focus in this edition of Business Day Spotlight. Host Mudiwa Gavaza is joined by Gareth Redelinghuys, country MD for TrendAI in Sub-Saharan Africa. The conversation highlights how AI is acting…...

17+ hour, 26+ min ago   (1114+ words) Foreign capital is flooding into Wall Street courtesy of the AI revolution. Paradoxically, however, this is intensifying the spotlight on America’s chronic external deficit. How long can this massive imbalance last? Investors around the world have poured trillions into the…...

17+ hour, 26+ min ago   (690+ words) A group of local start-up investors have joined forces to make the case that venture capital funding has become a viable form of making good returns, evidenced by money made through exiting those investments. Local venture capital investment is experiencing…...

1+ day, 7+ hour ago   (598+ words) San Francisco/Seoul ― South Korea announced $950bn in new AI initiatives involving Samsung Electronics, SK Group and US tech firms as global AI leaders rush to fill a shortage of faster chips to power and develop more advanced systems. SK Group…...

1+ day, 11+ hour ago   (693+ words) There are very few areas in the world that remain untouched by artificial intelligence (AI) technologies. About 78% of companies worldwide have reported using AI in at least one function of their operations. According to the UN Development Programme (UNDP), AI…...

2+ day, 17+ hour ago   (402+ words) What is a revenue architect? When a business wants to grow, the responsibility lands on sales and marketing to bring in more leads. That’s the reflex. But if the strategy has a hole in it, more leads just mean more…...

2+ day, 17+ hour ago   (757+ words) Africa risks losing the artificial intelligence (AI) race before it starts, according to a new Boston Consulting Group (BCG) report warning that the continent is failing to build the digital infrastructure needed to compete in the global AI economy. Without…...

2+ day, 17+ hour ago   (525+ words) You might think of your local running club as a haven from the stress and anxiety of a busy life, a place to forget your cares — but now you need to worry about the club’s data security. Sarah Watson, cyber…...