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Global tech giants are ramping up AI investments to record levels relative to operating cash flow, straining their finances. Jefferies analyst Chris Wood cautions that monetisation remains uncertain despite the spending boom. He warns the sector may mirror capital-intensive industries amid intensifying competition.

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Google has begun a nationwide training program for local publishers as part of its R688-million settlement with South Africa's Competition Commission. The initiative focuses on teaching media outlets to use Google tools in vernacular languages, starting with a workshop in Cape Town. This effort aims to support independent publishers amid digital disruptions in the media sector.

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