Currently, it is not a single proc, but rather a combination of procs (mainly proc spsvd and proc factor), data step, and other sas code. If you build a text topic flow in EM, you can export a program from that flow. That program will contain all the SAS code necessary to generate topics and can be run in batch.
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Use this tutorial as a handy guide to weigh the pros and cons of these commonly used machine learning algorithms.
Find more tutorials on the SAS Users YouTube channel.