Dutch e-commerce investor Prosus NV has launched an artificial intelligence chatbot called PlusOne to streamline operations across its portfolio of companies. With the increasing demand for AI technology in the tech industry, Prosus has turned to OpenAI Inc. software and open-source data to develop PlusOne as a personal assistant for its investments.
In an interview, Euro Beinat, Prosus’ Head of AI, explained that PlusOne is currently being utilized by more than 25 of the company’s investments, ranging from a Polish online tutoring company to a Brazilian food developer. The chatbot leverages the capabilities of more than ten generative AI model types and is exclusively available to the firms in which Prosus has invested.
Initially, employees used PlusOne to fix code and optimize marketing strategies, resulting in cost savings for the company. For instance, Prosus’ classifieds business OLX has managed to reduce its marketing spend by 15% since implementing PlusOne.
Prosus’ introduction of PlusOne comes as other companies, both large and small, are investing heavily in AI technology to develop innovative applications. It is worth noting that Prosus is the largest investor in Tencent Holdings Ltd., which recently launched its own AI chatbot called ChatGPT for cloud customers. However, Beinat clarified that the Prosus tool is unrelated to Tencent’s offering.
Overall, PlusOne aims to streamline operations and improve efficiencies across Prosus’ portfolio of companies. By harnessing the power of AI, the chatbot allows employees to focus on developing capabilities unique to their respective businesses. Additionally, the cost-cutting benefits experienced by Prosus’ classifieds business highlight the potential value of generative AI in optimizing operations.
As the global AI race intensifies, companies like Prosus are recognizing the transformative potential of this technology. With PlusOne, Prosus is taking significant steps to stay at the forefront of AI innovation and strategically position itself in the market.
Frequently Asked Questions (FAQs) Related to the Above News
What is PlusOne?
PlusOne is an artificial intelligence chatbot developed by Dutch e-commerce investor Prosus NV to streamline operations across its portfolio of companies.
How is PlusOne being utilized?
PlusOne is currently being utilized by more than 25 of Prosus' investments, ranging from online tutoring to food development. It is exclusively available to the firms in which Prosus has invested.
What AI technologies does PlusOne leverage?
PlusOne leverages the capabilities of more than ten generative AI model types, developed using software and open-source data from OpenAI Inc.
What were the initial use cases of PlusOne?
Initially, employees used PlusOne to fix code and optimize marketing strategies, resulting in cost savings for the company. For example, Prosus' classifieds business OLX reduced its marketing spend by 15% since implementing PlusOne.
Is PlusOne similar to Tencent's AI chatbot?
No, PlusOne is not related to Tencent's AI chatbot called ChatGPT, even though Prosus is the largest investor in Tencent Holdings Ltd.
What is the overall goal of PlusOne?
PlusOne aims to streamline operations and improve efficiencies across Prosus' portfolio of companies by allowing employees to focus on developing capabilities unique to their businesses.
What value does generative AI bring to operations?
The cost-cutting benefits experienced by Prosus' classifieds business highlight the potential value of generative AI in optimizing operations and reducing expenses.
Why did Prosus develop PlusOne?
With the increasing demand for AI technology in the tech industry, Prosus recognized the transformative potential of AI and developed PlusOne to stay at the forefront of AI innovation and strategically position itself in the market.
Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.
