Purple Group buys AI fintech Telescope in R177-million deal

Purple Group buys AI fintech Telescope in R177-million deal

Purple Group, the JSE-listed owner of EasyEquities, is acquiring Telescope AI, the Australian start-up whose technology already powers the investment platform’s AI Baskets feature, in a deal worth up to US$10.75-million (R177-million). Purple Group and EasyEquities operator First World Trader will each acquire 50% of Telescope AI from the Pettett Family Trust and three key…

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SALT telescope solves the mystery of the ‘fading’ supergiant star

SALT telescope solves the mystery of the ‘fading’ supergiant star

Astronomers utilizing South Africa’s Southern African Large Telescope (SALT) have settled a high-stakes cosmic debate surrounding WOH G64, one of the most extreme stars ever recorded. Located in the Large Magellanic Cloud, this red supergiant is renowned for its immense luminosity and massive dust clouds. However, recent erratic behaviour, including dramatic dimming and weakened pulsations,…

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South Africa’s flagship telescope turns 20

South Africa’s flagship telescope turns 20

The Southern African Large Telescope, or Salt The Southern African Large Telescope (Salt) celebrates 20 years of observing the sky. Salt is the largest optical telescope in the southern hemisphere. It’s been steadily revealing new science knowledge, ranging from the discovery of planets outside our solar system to understanding the unusual physics around black holes….

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