More
    Home Blog Page 3

    NYT Strands: November 15 Hints & Answers Revealed!

    0

    If you’re reading this, you’re looking for a little help playing Strands, the New York Times‘ elevated word-search game.

    Strands requires the player to perform a twist on the classic word search. Words can be made from linked letters — up, down, left, right, or diagonal, but words can also change direction, resulting in quirky shapes and patterns. Every single letter in the grid will be part of an answer. There’s always a theme linking every solution, along with the “spangram,” a special, word or phrase that sums up that day’s theme, and spans the entire grid horizontally or vertically.

    By providing an opaque hint and not providing the word list, Strands creates a brain-teasing game that takes a little longer to play than its other games, like Wordle and Connections.

    If you’re feeling stuck or just don’t have 10 or more minutes to figure out today’s puzzle, we’ve got all the NYT Strands hints for today’s puzzle you need to progress at your preferred pace.

    NYT Strands hint for today’s theme: Dress for lunch

    These words make for a healthier meal.

    Mashable Top Stories

    Today’s NYT Strands theme plainly explained

    Words are types of vegetables.

    NYT Strands spangram hint: Is it vertical or horizontal?

    Today’s NYT Strands spangram is horizontal.

    NYT Strands spangram answer today

    Today’s spangram is SaladGreens.

    NYT Strands word list for November 15

    • Romaine
    • Kale
    • Iceberg
    • Watercress
    • Radicchio
    • SaladGreens

    Looking for other daily online games? Mashable’s Games page has more hints, and if you’re looking for more puzzles, Mashable’s got games now!

    Check out our games hub for Mahjong, Sudoku, free crossword, and more.

    Not the day you’re after? Here’s the solution to yesterday’s Strands.

    Industries Under Siege: Top Targets for Cyber Threats!

    0

     

     

     

    John Mc Loughlin, CEO, J2 Software. (Image: J2 Software)

     

    John Mc Loughlin, CEO, J2 Software. (Image: J2 Software)

     

    While consumers are no strangers to phishing e-mails, fraudulent SMS messages and social media scams, the scale and complexity of cyber attacks aimed at critical sectors go far beyond these relatively simple threats.

    Entire industries and governmental bodies face increasingly sophisticated attacks, which can cripple essential services, cause economic damage and compromise sensitive data on a massive scale.

    Understanding the sectors most frequently targeted by cyber criminals can offer insights into the breadth and nature of these threats, highlighting the need for vigilance, investment in security and proactive measures.

    According to data from the European Repository of Cyber Incidents (ERCI), critical infrastructure – facilities and services vital to the functioning of society – has become a prime target for cyber criminals. These infrastructures span everything from healthcare and finance to telecommunications and energy.

    Let’s dive into the key sectors targeted by cyber crime, and take a closer look at the various cyber security challenges.

    Critical infrastructure: Cyber crime’s primary target

    Critical infrastructure is the lifeblood of modern society, providing essential services that people rely on daily. This makes it an attractive target for cyber criminals, who seek to disrupt, steal or hold these services hostage in exchange for financial gains or other motives, such as political or ideological agendas.

    In 2023, critical infrastructure was the most frequently attacked sector, according to ERCI. These cyber incidents range from ransomware attacks that lock systems until a ransom is paid to sophisticated breaches that steal sensitive data or cause system-wide disruptions. Statista’s report, based on ERCI data, emphasises just how much damage can be done when vital services come under attack.

    Healthcare: 14.2% of critical infrastructure attacks

    Among the sectors of critical infrastructure, healthcare stands out as a primary target. The healthcare industry, which includes hospitals, clinics and other medical facilities, accounted for 14.2% of all attacks on critical infrastructure in 2023. The motivations for targeting healthcare organisations vary but often involve ransomware attacks, theft of confidential patient records, and disruptions to healthcare services.

    Ransomware is a particularly devastating tool in the arsenal of cyber criminals targeting healthcare organisations. Attackers encrypt essential systems and files, demanding hefty sums to restore access. For healthcare providers, the stakes are incredibly high – lives can literally hang in the balance. The disruption of care services, delays in medical treatment and the potential exposure of personal healthcare information create a nightmare scenario for both patients and healthcare administrators.

    One recent high-profile example involved the Clop ransomware gang, which targeted hospitals and healthcare organisations by exploiting vulnerabilities in widely-used file transfer software. This attack paralysed hospital operations, forcing many to delay patient treatments or turn away non-emergency cases.

    Financial organisations: 8.3% of attacks on critical infrastructure

    The financial sector also remains a lucrative target for cyber criminals, accounting for 8.3% of attacks on critical infrastructure in 2023. Financial institutions such as banks, insurance companies and investment firms are natural targets because of the vast sums of money they manage, as well as the wealth of sensitive data they store.

    Cyber attacks in this sector can take multiple forms, including:

    • Phishing attacks aimed at obtaining login credentials for online banking or investment platforms.
    • Distributed denial of service (DDOS) attacks that overwhelm a bank’s online services, making them inaccessible to customers.
    • Data breaches that expose personally identifiable information (PII) or financial details, leading to identity theft and other forms of fraud.

    For instance, a well-coordinated attack on a large European bank this year resulted in a data breach that exposed millions of customer records. While the bank was quick to mitigate the breach, the reputational damage and financial loss were significant.

    Telecommunications, transport and energy sectors

    The telecommunications, transport and energy sectors also fall within the crosshairs of cyber criminals, with attacks occurring regularly in 2023. These sectors play crucial roles in ensuring that communication networks function, people and goods can move, and societies have access to power and fuel. A well-executed cyber attack against any one of these sectors can have far-reaching consequences.

    • Telecommunications companies have been hit by a combination of DDOS attacks, data breaches and ransomware, often targeting critical communication infrastructure or sensitive customer data.
    • The transport sector, particularly airlines and rail systems, have seen an increase in cyber attacks aiming to disrupt logistics and operations.
    • The energy sector, including utilities providing electricity and fuel, remains a particularly worrying target because of the potential for large-scale blackouts or fuel supply disruptions. In 2023, several European energy companies reported being victims of cyber attacks designed to compromise operational systems and extort ransom payments.

    State institutions and political systems: The second most common target

    After critical infrastructure, state institutions and political systems are the next most common targets for cyber attacks, according to ERCI, with more than 450 reported incidents in 2023. Cyber criminals, state-sponsored attackers and hacktivist groups have increasingly turned their attention to government systems in pursuit of sensitive information or to sow chaos and disinformation.

    State institutions often face spear-phishing campaigns, where government employees are tricked into giving up passwords or access to sensitive systems. Some attacks, particularly those backed by nation-states, aim to infiltrate defence systems, steal military secrets or disrupt diplomatic communications.

    Additionally, election interference and politically motivated attacks have continued to plague democratic systems. Countries across Europe and North America have reported attempts to manipulate voter data or spread disinformation during elections. These attacks often involve the exploitation of social media platforms and targeted disinformation campaigns designed to sow discord among the population or influence voting behaviour.

    Cyber security strategies: How to stay ahead

    With the relentless rise in cyber attacks, organisations and governments have been forced to adopt stronger cyber security measures. The cyber threats facing critical infrastructure and state institutions have necessitated the following key strategies:

    • Enhanced endpoint security: With more devices connected to corporate and institutional networks than ever before, endpoint security is becoming a central focus. Advanced endpoint protection tools, powered by machine learning and AI, can detect and stop threats before they reach sensitive systems.
    • Zero trust architecture: As cyber attacks grow more sophisticated, many organisations are adopting zero trust models, which assume that no user or device –internal or external – can be trusted by default. Access is only granted after careful authentication, and users are continually monitored to ensure they pose no risk to the system.
    • Backup and disaster recovery: For sectors like healthcare, where service disruption can be catastrophic, ensuring regular data backups and establishing robust disaster recovery plans are essential. Many ransomware victims have been able to recover more quickly thanks to having secure backups in place.
    • Cyber security awareness training: Human error continues to be a major vulnerability. Ongoing training programmes help employees recognise phishing attempts, social engineering and other tactics used by cyber criminals.

    The increase in cyber attacks on critical infrastructure, state institutions and political systems is a stark reminder that no sector is immune to the rising tide of cyber crime. As attacks grow in frequency and sophistication, organisations must bolster their cyber security defences with proactive measures.

    Whether through enhanced technology, stricter access controls or comprehensive employee training, businesses and governments alike must stay vigilant to mitigate the ever-evolving threats posed by cyber criminals.

    This serves as both a wake-up call and a roadmap for how industries can protect themselves against increasingly dangerous digital threats.

    Mythic Quest Unleashes a Spinoff Anthology Series!

    0

     

    Today, Apple announced that Mythic Quest will return on January 29th with a two-episode premiere picking up Ian Grimm (Rob McElhenney,) Poppy Li (Charlotte Nicdao,) David Brittlesbee (David Hornsby,) Brad Bakshi (Danny Pudi,) Rachel Ashly Burch, Dana Bryant (Imani Hakim,) Jo (Jessie Ennis) and Carol (Naomi Ekperigin) adjust to a new status quo. In the new season, the Mythic Quest team will find their attempts at maintaining healthier work / life balances disrupted by stars rising, egos clashing, and new relationships blooming.

    Though season 4 is set to conclude on March 26th, Mythic Quest’s world will get a little bit bigger that same day with Side Quest, a new anthology series exploring the lives of fans, players, and Mythic Quest employees who have been impacted by the game in various ways. In addition to McElhenney, the spinoff will also star Anna Konkle, Derek Waters, William Stanford Davis, Bria Henderson, Rome Flynn, Leonard Robinson, Gary Kraus, Annamarie Kasper, Esai Morales, and Shalta Grant.

    All four episodes of Side Quest are dropping at once, which might make them feel a bit more like an expansion pack to the fourth season. But the anthology could very well be a sign of there being even more Mythic Quest coming down the pipeline.

    SAS Snaps Up Hazy’s Synthetic Data IP!

    0

     

     

     

    Jim Goodnight, CEO of SAS.

     

    Jim Goodnight, CEO of SAS.

     

    Enterprise data and analytics specialist SAS has acquired core software assets from Hazy, a UK-based synthetic data startup.

    SAS says it is buying Hazy’s “principal software assets” and not the entire company. The acquisition will boost synthetic data generation capabilities of SAS Data Maker, an enterprise platform the company introduced earlier this year.

    According to SAS, organisations use AI-generated synthetic data when real data is unavailable, inadequate, or too sensitive, costly, or biased. Synthetic data mirrors real data’s statistical patterns without exposing private information, reducing risks and expanding the data available for analytics and AI. This enables data scientists to create more balanced, reliable data sets for innovative solutions.

    SAS cites Gartner statistics which claim that by 2026, 75% of businesses will use GenAI to create synthetic customer data, up from less than 5% in 2023. According to the 2023 Gartner Peer Community, Generative AI for Synthetic Data report, benefits of synthetic data for organisations include 60% improvement in model accuracy, 56% improvement in model efficiency, 45% reduction in data privacy concerns, 31% improvement in AI explainability, as well as 30% reduction in the impact of biases.

    Jim Goodnight, CEO of SAS, said, “Our acquisition of Hazy’s IP represents a pivotal step in our commitment to innovation in the next generation of data management and AI. Hazy is a pioneer in bringing synthetic data to market as a viable enterprise product, and analysts rank it among the top software providers in its category. By integrating their technology, we can offer our customers unparalleled opportunities to harness data safely and effectively, enabling them to experiment and model scenarios that were previously out of reach and gain a competitive advantage.”

    SAS says there are also future integration opportunities with SAS Viya, the company’s cloud-based software suite that supports the entire analytics life cycle. It is used to transform raw data into operational insights that support every kind of decision an organisation makes.

    Kathy Lange, research director, AI Software at IDC, says “Synthetic data is a game-changer for companies implementing AI solutions, especially in sectors with strict privacy regulations like healthcare and finance. SAS’ acquisition highlights the growing requirement for synthetic data as an integral component of a modern AI toolkit, addressing data scarcity and privacy issues, and improving model accuracy while reducing biases.”

    SAS Data Maker announcement

    Integrating Hazy’s technology expands upon SAS’ announcement of Data Maker in April. The platform has been available in private privew.

    SAS Data Maker addresses data challenges by generating synthetic data that statistically represents original data sets without compromising privacy, while simplifying processes and saving resources.

    With the integration of Hazy technology into Data Maker, SAS says its customers will be able to simulate future scenarios and speed up AI project development with faster, high-quality data generation.

    Inside Wits’ New R90-Million Digital Dome: A Game-Changer in Tech!

    0

     

    Johannesburg’s 64-year-old Planetarium, in the Wits University campus in Parktown, has had a major technological upgrade.

    Sporting a new name – the Wits Anglo American Digital Dome – the facility has been completely reimagined using high-resolution digital projectors.

    TechCentral attended the media launch of the Digital Dome earlier this week and put together the video below, which includes footage captured using a 360-degree camera as well as an interview with the dome’s long-serving supervisor, Constant Volschenk.

    Watch the video:

    The Digital Dome, which will be opened to the public in February 2025, offers a “360-degree immerse experience” and will showcase a variety of shows aimed at school groups and members of the public.

    It will also serve as a modern teaching venue and a collaborative research space where scientists and students can visualise their work – be it in big data, astrophysics, the digital arts, artificial medicine, microbiology and precision medicine, Wits University said in a statement.

    It won’t only be used for serious work, though: the dome will also be made available from time to time for immersive videogame events. With its vast domed roof and high-resolution projectors, it promises to be an immersive gaming experience unlike anything available elsewhere.

    Watching a show in the new Wits Anglo American Digital Dome

    “First completed in 1960, the old Planetarium was the first full sized planetarium in Africa,” Wits said. “The new Digital Dome is the largest of its kind in the southern hemisphere, made possible through an investment of R90-million from Anglo American and Wits University.

    “For the past 64 years, the Planetarium has entertained, inspired and educated millions of visitors from Gauteng and beyond,” said Prof Zeblon Vilakazi, vice chancellor and principal of Wits University, who spoke at the launch event.

    The Digital Dome offers a 360-degree view in 8.6K resolution

    “Personally, I visited the old Planetarium in 1981 at the height of apartheid. It left a huge and indelible mark on me, and I believe that it played a key role in igniting a scientific spark that led to me becoming a nuclear physicist. Through the Wits Anglo American Digital Dome, we hope to continue inspiring people from various disciplines, including those working in climate modelling, artificial intelligence and digital arts.”

    A bird’s-eye view of the Digital Dome

    The original analogue Zeiss projector has been replaced by 10 4K-quality Sony digital projectors that render an 8.6K-resolution image on the curved ceiling of the dome structure. Each projector has its own image generator, which is controlled by a master computer. The audio in the Digital Dome has also been upgraded to an 8.2 surround sound system. A new north wing expansion houses operational offices, exhibition areas and specialised spaces for Digital Dome show planning and design.

    Major Political Showdown Erupts Over SABC Bill in GNU!

    0

     

    Big political fight brewing in GNU over SABC Bill - Khumbudzo Ntshavheni
    Minister in the presidency, Khumbudzo Ntshavheni. Image: GCIS

    Communications minister Solly Malatsi’s decision to withdraw the SABC Bill is causing major ructions in the government of national unity (GNU).

    Not only has his deputy and former communications minister, the ANC’s Mondli Gungubele, blasted him for announcing he was withdrawing the bill, but now minister in the presidency Khumbudzo Ntshavheni, who is also a former communications minister, has alleged he does not have the power to do so. Malatsi is senior Democratic Alliance MP, who was appointed as communications minister in the GNU by President Cyril Ramaphosa.

    Speaking to journalists on Wednesday, Ntshavheni said: “It’s not a private member’s bill, it’s not Mr Malatsi’s bill. It’s a bill of cabinet and the executive, so in terms of the law he cannot withdraw it without coming to cabinet to agree for its withdrawal.

    “That bill was submitted to parliament after it was submitted to cabinet. The cabinet secretariat and the leader of government business will deal with that matter in the next cabinet meeting, because there’s no minister [that can withdraw it] – even myself, I can’t withdraw any bill which has been approved by cabinet,” she said.

    “Whatever limitations he might find in the bill, he must come and convince cabinet” why it should be withdrawn.

    Malatsi’s decision to withdraw the SABC Bill has, however, been widely welcomed by the broadcasting industry and civil society role players.

    ‘Catastrophic flaws’

    The SOS Coalition, Media Monitoring Africa and the South African National Editors’ Forum had all called for the bill to be scrapped. That was based on their belief that it offered “no clarity, new mechanism or purpose”.

    SOS, MMA and Sanef collectively made a submission to parliament in January this year in which they expressed deep concerns regarding the bill. The organisations pointed out “a series of catastrophic and unconstitutional flaws” with the draft legislation and said it should be withdrawn.

    The Sunday Times, which first reported the news of Malatsi’s decision, quoted the minister as saying that the bill did not adequately address the public broadcaster’s funding model.

    According to the newspaper, the bill would have also given the minister – currently Malatsi – too much power over the appointment of the SABC’s board, thereby threatening its constitutionally mandated independence from the executive arm of government.

    Communications minister Solly Malatsi
    Communications minister Solly Malatsi

    Michael Markovitz, a former SABC board member and head of the Gibs Media Leadership Think Tank, wrote this week that Malatsi made the correct decision to withdraw the bill, saying it is “not feasible to fix a bill that is essentially a copy-paste from the 1999 statute, with some constitutionally questionable and largely unexplained alterations”.  – © 2024 NewsCentral Media

     

    Why You Should Read Business Books That Are Not About Business

    0

     

    The Duct Tape Marketing Podcast with John Jantsch

    In this episode of the Duck Tape Marketing Podcast, I had the pleasure of being INTERVIEWED by Sara Nay. Sara Nay is the COO of Duct Tape Marketing. She oversees day-to-day operations to support the growth of Duct Tape Marketing and the Duct Tape Marketing Consultant Network.
    She focuses on strategic planning, goal setting, and directing the company’s operations in support of its goals. And on a personal note, she’s also my daughter—which makes me “Pop Pop” to her kids!

    In this episode, we change it up a bit as I become the interviewee. We explore my journey into entrepreneurship, why I started my own business, why I didn’t work for someone else (the answer will surprise you), my passion for small businesses, and the evolution of marketing over the years.

    I reveal lessons from my polar opposite parents and my former fears about running a business.

    We also dive into my favorite topic: the impact of AI on small businesses, the opportunities and challenges they face, and the importance of curiosity and innovation in business.

    I wrapped up with a glimpse into my future aspirations—what might life look like after Duct Tape? And I answered the timeless question: What’s my all-time favorite business book?

    Key Takeaways:

    • I started my entrepreneurial journey due to a lack of confidence in traditional employment.
    • Working with small businesses is both terrifying and gratifying.
    • Curiosity drives me to explore new marketing trends and technologies.
    • AI is not just a tool but a foundational element in marketing.
    • Small businesses can leverage AI for efficiency and personalization.
    • The buying intent of consumers remains strong despite market changes.
    • Experience helps entrepreneurs navigate ups and downs in business.
    • Marketing and innovation are the two pillars of a successful business.
    • Reading outside of business literature can inspire innovative ideas.
    • I envision a future where I write a work of fiction.

    Chapters:

    • [00:00] Introduction to a Unique Podcast Experience
    • [02:01] The Journey into Entrepreneurship
    • [04:03] Passion for Small Businesses
    • [05:49] Curiosity and the Evolution of Marketing
    • [08:03] AI’s Impact on Small Businesses
    • [11:08] Opportunities and Challenges for Small Businesses
    • [13:52] Riding the Waves of Business
    • [16:21] Business Advice and Insights
    • [19:46] Future Aspirations and Legacy

    Let us know if you’d like to see us make more shows like this!

    This episode of the Duct Tape Marketing Podcast is brought to you by:

    Oracle

    Nobody does data better than Oracle. Train your AI models at twice the speed and less than half of the cost of other clouds. If you want to do more and spend less, take a free test drive at Oracle.

     

    Picture of AI Prompts for a Marketing StrategyPicture of AI Prompts for a Marketing Strategy

    Join 25k+ strategic marketers and level up your marketing game when you subscribe to our weekly newsletter – join now to get your free prompts!

    John Jantsch, Oracle, sara nay

    Powered by VXC Express | Book a consultation

    Plane Bets Big on India’s Air Taxi Boom with $14M Funding Round!

    0

    Soaring private vehicle ownership and declining use of public and nonmotorized transport have created mounting traffic congestion in India, the world’s most populous country, which also struggles with relatively narrower roads and inadequate parking facilities in cities. New Delhi recognizes these challenges and has been exploring new ways to address them quickly.

    Indian prime minister Narendra Modi, at an event in September, said that air taxis will soon be a “reality in India,” indicating the government’s interest in supporting the new transportation mode. The country’s aviation regulator, the Directorate General of Civil Aviation, also recently framed rules for vertiports to set the ground for air taxis.

    The ePlane Company is riding this wave.

    The startup, founded by IIT Madras aerospace engineering professor Satya Chakravarthy in 2019, is building its electric vertical takeoff and landing (eVTOL) vehicle, the e200x, several months after developing unmanned drones for cargo and camera applications. Chakravarthy has a strong pedigree: He is also a co-founder and adviser at Indian space tech startups, including Agnikul and GalaxEye, and at an Indian hyperloop-focused startup, TuTr Hyperloop.

    Chakravarthy told TechCrunch that ePlane secured IPs in developing the intra-city commute and cargo-focused aircraft with reasonably slow fly speed and a compact wingspan of 8 meters, unlike typical air taxis with 12- to 16-meter wingspans. That will enable it to land in tighter spaces and make multiple short trips — up to 60 trips a day — on a single charge, he says. Commuters would reduce travel time by as much as 85%, at a cost of less than two times the fare they usually pay on an Uber ride, he claims.

    Professor Satya Chakravarthy
    Image Credits:ePlane Company

    Most eVTOL vehicles currently are multicopters similar to commercial drones, including air taxis carrying spokes and vertical rotors. Chakravarthy said that while this configuration is easier to develop and implement in the market, it does not cover longer distances with a single battery charge. ePlane chose a lift-plus-cruise configuration where the vehicle carries a winged architecture just like a typical plane but with vertical rotors similar to a drone.

    “This configuration has been proven to actually be very reliable because we have redundancies in terms of the vertical rotors carrying the weight of the aircraft, while wings taken with their share of balancing the weight progressively so that we don’t have a loss of lift during the transition from a vertical takeoff and hover to forward flight,” he said.

    The startup has also developed technology called synergistic lift, which uses vertical rotors even in forward flight to make wings compact enough.

    Chakravarthy told TechCrunch that ePlane manufactures aircraft components at its IIT Madras facility, including airframe parts and designing seats and propellers. The startup outsources cells but assembles batteries for the aircraft at its facility to manage the aircraft’s center of gravity.

    The startup aims to commercialize its electric air taxi in the middle to second half of 2026 after securing the required certifications from the Indian and global authorities and prototyping the aircraft in the first half of 2025, Chakravarthy told TechCrunch.

    Ahead of testing the vehicle, ePlane has raised a $14 million Series B round co-led by Speciale Invest and Singapore’s Antares Ventures. The all-equity round also included participation from Micelio Mobility, Naval Ravikant, Java Capital, Samarthya Investment Advisors, Redstart (from Naukri), and Anicut. The round has valued the startup at $46 million post-money — over 2x its previous $21 million valuation.

    The fresh capital will help ePlane, which has a workforce of over 100 people, secure global regulatory certifications and boost its commercialization efforts.

    India’s success would help ePlane enter other markets, including the Middle East, Southeast Asia, Australia, and Europe.

    “We are working with a conviction that going forward, what’s good for India will be good for the world,” Chakravarthy said.

    ITWeb’s AI Summit 2025: Unmasking AI’s Real Business Impact!

    0

     

     

     

    The 2025 edition of ITWeb’s case-study driven AI event is set for 13 February.

     

    The 2025 edition of ITWeb’s case-study driven AI event is set for 13 February.

     

    As artificial intelligence (AI) reshapes industries globally, South African companies are increasingly looking to AI to drive measurable business value. But the journey from AI adoption to ROI is complex, requiring more than cutting-edge technology.

    The 2025 edition of ITWeb’s Artificial Intelligence Summit, to be held on 13 February ate The Forum in Bryanston, is designed to help local business and technology leaders navigate these complexities.

    This year’s theme, ‘Uncovering the true business value of AI’ will explore where it makes sense to apply AI, how to integrate it and achieve maximum returns. Through a mix of practical case studies, expert insights, and interactive discussions, attendees will learn how to align AI initiatives with business goals, avoid hype but remain competitive in their market segment.

    Event highlights

    • Tailored AI strategies and roadmaps The summit will highlight the importance of a well-structured AI strategy and the need for a clear implementation roadmap. Speakers will cover how organisations can assess their AI readiness, set priorities, and create frameworks for long-term AI value.
    • South African case studies This is a case study-driven event and will showcase how local companies are integrating AI into their operations, Speakers will share best practices and challenges faced along the way.
    • From theory to real-world application Moving beyond theoretical discussions, the agenda focuses on identifying the true business value of AI for your organisation through examining its practical application.

    Confirmed speakers

     

    • Keynote by Nicky Verd, digital futurist As an AI thought leader and internationally recognised keynote speaker, Nicky Verd will serve as MC, guiding discussions and sharing insights on digital transformation and the future of AI.
    • Neda Smith, chartered CIO, Agile Advisory Services In her presentation “Bridging the Digital Divide: Overcoming Challenges in African Language AI,” Smith will discuss how inclusive AI can spur education, communication, and economic growth across the continent.
    • Panel discussion on AI Roadmaps Featuring Adv Dirontsho Mohale, group data privacy lead at Standard Bank, this panel will explore balancing quick wins with long-term AI success. Panellists will discuss strategies to align AI initiatives with business objectives.
    • Pandelani Munyai, group CIO, Transnet Munyai’s talk, “Integrating AI with Legacy and Newer Technologies,” will address how businesses can integrate AI with existing systems for enhanced productivity.
    • Ahmore Burger-Smidt, director of data privacy and cyber at Werksmans Attorneys In her session, “Balancing Gen AI with Data Privacy and Security,” Burger-Smidt will outline strategies for safeguarding sensitive information while maximising AI’s potential.

    Book your spot

    Event date: 13 February 2025Venue: The Forum, Bryanston

    Whether your organisation is beginning its AI journey or looking to advance its current capabilities, ITWeb Artificial Intelligence Summit 2025 will offer the insights and tools needed to make AI work for your business.

    You’ll learn from South Africa’s top AI experts and connect with peers who are navigating similar challenges and opportunities.

    To find out more and to register, go to

    https://www.itweb.co.za/event/itweb-ai-summit-2025/

    Coatue Gambles Big with $1B AI Fund

    0

     

    Coatue Management, a hedge fund that invested heavily in tech startups during the pandemic-infused boom, is raising $1 billion to back AI-focused companies, Bloomberg reported on Monday.

    The funding, which will top up the firm’s flagship fund, will be raised primarily from institutional investors. However, high-net-worth individuals with accounts at the brokerage Raymond James and Associates could also invest in Coatue, per the report.

    Coatue, which has nearly $50 billion in assets under management, has invested in over 170 VC-backed companies in 2021, according to PitchBook data. Coatue has since drastically slowed its startup investing pace, backing only 81 companies in 2022 and about 30 companies in 2023.

    The crossover investor isn’t done with investing in private companies, however. So far in 2024, Coatue has backed 29 startups, PitchBook data shows. The firm’s latest AI-focused investments include Glean, Scale AI and Skild AI, which is building a general-purpose AI robot. Philippe Laffont, Coatue’s founder (pictured above) has said he is particularly excited about humanoid robots with AI-powered brains.