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News
SÕZARN BARDAY | The hidden cost of thirsty AI
1+ day, 1+ hour ago (344+ words) Artificial intelligence (AI) is rapidly reshaping the global economy. Governments are investing billions in AI infrastructure, technology companies are expanding their data centre networks, and countries are competing to position themselves as leaders in the digital economy. South Africa is…...
DUGGAN MATTHEWS | The value of being human in an AI age
1+ day, 9+ hour ago (317+ words) I had the privilege of attending the executive programme on AI at the Massachusetts Institute of Technology (MIT). It was an extraordinary two weeks spent alongside 60 business leaders from more than 20 countries, representing a wide range of industries, being taught…...
RUFARO MAFINYANI | Agentic AI — automation or augmentation?
1+ day, 9+ hour ago (933+ words) This is the 13th instalment of AI Fluency Corner, a 16-part weekly series in Business Day building one connected mental model of artificial intelligence (AI), in plain language. Until recently AI’s signature act was the answer. It summarised the report, drafted…...
Meta AI model accesses internet to hack into a company
1+ day, 22+ hour ago (423+ words) By Rajveer Pardesi and Mrinmay Dey Bengaluru — Meta said on Wednesday one of its AI models hacked another company during cybersecurity testing, fanning concerns about how developers can contain increasingly capable AI systems after similar incidents at rivals Anthropic and…...
Trump faces bipartisan criticism over AI response after hacking incidents
1+ day, 21+ hour ago (812+ words) By Courtney Rozen and Alexandra Alper Washington — In a rare show of bipartisanship, Democrats and Donald Trump’s conservative supporters both blame the president’s ties to the tech industry for his administration’s limited response to recent hacks carried out by OpenAI’s…...
JPMorgan CEO rallies corporate America to tackle AI risks across critical infrastructure
2+ day, 23+ hour ago (563+ words) New York — JPMorgan Chase CEO Jamie Dimon is urging corporate leaders to join a US-focused industry group to address risks posed by AI, as corporate America rapidly adopts the developing technology, two sources familiar with the matter said. Dimon has…...
LARS GUMEDE | AI-driven discoveries offer fresh hope for SA mining
3+ day, 9+ hour ago (339+ words) According to the World Bank’s Digging Beneath the Surface report published in 2019, Southern Africa has the world’s richest mineral deposits, and South Africa is estimated to have non-energy minerals worth more than $2.4-trillion. Those are only known deposits, and there…...
US stocks near record highs as big firms’ profits soar
3+ day, 21+ hour ago (461+ words) New York — The US stock market rose towards a record on Tuesday as big companies kept piling up profits and oil prices eased. The S&P 500 added 0.6% and is on track to top its all-time closing high set earlier in…...
EDITORIAL | Will SA policy help or hinder in the AI race?
5+ day, 9+ hour ago (508+ words) The world is in the midst of an AI “arms race”. While South Africa is not a leader in AI development, it has an opportunity to turbocharge its lacklustre economic growth by leveraging effective policy to encourage entrepreneurship and participation…...
TOBY SHAPSHAK | Has the age of autonomous AI begun?
1+ week, 1+ day ago (864+ words) In what must be the most outrageous cheating attempt on a test, two OpenAI software models broke out of their test environment, got themselves internet access and hacked into another software repository to steal the answer. OpenAI announced rather bashfully…...