Finout lands cash to grow its cloud spend management platform
In 2021, Roi Ravhon, Asaf Liveanu and Yizhar Gilboa came together to found Finout, an enterprise-focused toolset to help manage and optimize cloud costs. (We covered the company’s launch out of stealth in 2022.) Ravhon, Finout’s CEO and previously the director of engineering at observability platform Logz.io, says that he
Read MoreHow does AI fit into your business’s managed IT services?
Artificial intelligence (AI) is rapidly transforming businesses globally, and South Africa is eager to join the wave. However, a recent Cisco AI Readiness Index reveals a sobering reality: only 11% of South African organizations are fully equipped for AI implementation. This highlights the challenges – resource limitations, expertise gaps, and
Read MoreThe new Kia EV3 will have an AI assistant with ChatGPT DNA
The Kia EV3 — the new all-electric compact SUV revealed Thursday — illustrates a growing appetite among global automakers to bring generative AI into their vehicles. The automaker said the Kia EV3 will feature a new voice assistant that is built off ChatGPT, the text-generating AI chatbot developed by OpenAI.
Read MoreIEC Warns of Imposter Posing as its CEO on WhatsApp
With just 7 days remaining before the South African provincial and national elections, the countdown sparks intensified door-to-door campaigns and social media efforts by various political parties. Simultaneously, cybercriminals are unleashing their fraudulent schemes and criminal agendas, aiming to illegally profit while politicians seek votes. IEC CEO, Sy Mamabolo. Image
Read MoreBing’s API is down, taking Microsoft Copilot, DuckDuckGo and ChatGPT’s web search feature down too
Bing, Microsoft’s search engine, isn’t working properly right now. At first, we noticed it wasn’t possible to perform a web search at all. Now it seems search results are loading properly. But this outage also appears to still be affecting Bing’s application programming interface (API), which means that other services
Read MoreICIEC Welcomes New Officer-in-Charge
Dr. Khalid Khalafalla has been appointed Officer-in-Charge of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and a part of the Islamic Development Bank (IsDB) Group, as of May 19, 2024. Having held numerous positions within the IsDB Group, Dr. Khalafalla brings
Read MoreAutonomous shipping startup Orca AI tops up with $23M led by OCV Partners and MizMaa Ventures
If you thought autonomous driving was just for cars, think again. The so-called ‘autonomous navigation’ market — where ships steer themselves guided by AI, resulting in fuel and time savings — is projected to grow from $4.46 billion in 2023 to $5.33B in 2024 alone. Orca AI is a London-based
Read MoreTECNO SPARK 20 Officially Launches in South Africa
TECNO’s Spark 20 TECNO, the Chinese smartphone manufacturer with operations in over 70 global markets, has announced the debut of its new SPARK 20 smartphone in Sandton, South Africa at an official launch event. Present at the event were TECNO’s esteemed partners, including representatives from mobile operators, retailers, media, influencers,
Read MoreHow Can Embracing Technology Enhance Your Security Posture?
Adequate security posture and resilient cyber defense strategies have become imperative for businesses of all sizes across all industries and verticals. The nature of cyber threats is constantly advancing and evolving, and the consequences of a successful breach could be catastrophic. It has become essential to keep up to date
Read MoreMeet the Finnish biotech startup bringing a long lost mycoprotein to your plate
The best known mycoprotein is probably Quorn, a meat substitute that’s fast approaching its 40th birthday. But Finnish biotech startup Enifer is cooking up something even older: Its proprietary single-cell fungus-based protein, branded Pekilo, was originally developed in the 1960s and ’70s — by, of all things, the local paper
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