Prosus unveils AI-powered large commerce models

Prosus unveils AI-powered large commerce models

Fabricio Bloisi, CEO at Prosus. Naspers unit Prosus has introduced large commerce models (LCMs) – agentic artificial intelligence (AI) systems that it says are set to replace traditional search and recommendation engines. In a statement today, the company says the LCM has been trained on Prosus’s global database of commercial transactions, continually learning from over…

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EU announces huge investment in clean energy in South Africa

EU announces huge investment in clean energy in South Africa

President Cyril Ramaphosa and European Commission president Ursula von der Leyen meet in Brussels, Belgium, on 9 October. Yves Herman/Reuters The EU has pledged to invest €11.5-billion (R230-billion) in South Africa in clean energy, infrastructure and pharmaceutical projects, it said late on Thursday. A large chunk of the investment aims to accelerate South Africa’s shift…

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Why waiting isn’t an option

Why waiting isn’t an option

When it comes to skills development in South Africa, waiting for the “right time” is no longer an option. The reality is that there isn’t a perfect time to invest in skills. If we delay, we only fall further behind, widening the gap between where we are now and where we want to be going…

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Africa: The Multipolar World Demands a New African Strategy

Africa: The Multipolar World Demands a New African Strategy

African nations have since independence operated within a global system they did not participate in designing, one that often undermines their agency and development. The African nation-states continue to battle internal governance issues, corruption, and conflicts. The post Second World War liberal international order built on principles of market capitalism, secular individualism and democracy was…

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