We had initially set aside R6000 to help those in need, however, due to the high influx, we raised more funds and coughed up a total of R14 000,” said Club Manager.

But Nvidia isn't the only company benefiting right now from the AI boom. Amazon ( AMZN 1.30%), through its cloud unit Amazon ...

Blackstone says its multibillion-dollar bet on data centres – including its $24bn investment in Australian operator AirTrunk – still stacks up despite China’s low-cost model DeepSeek rattling global ...

Europe's largest chip company ASML views the emergence of China's DeepSeek as a positive, despite initial market jitters. CEO Christophe Fouquet highlights the benefits of cost-efficient AI models ...

The market turmoil sparked by DeepSeek’s chatbot this past week has left some rethinking the credit frenzy around artificial intelligence.

In China, policy makers acted before a crisis erupted, deploying an array of tools to manage the pace of decline.