Paris, France–Karim Beguir launched the artificial intelligence start-up InstaDeep in Tunisia in 2014 with just two computers and $2,000.
By 2023, it was an international operation bought by German laboratory BioNTech for $700 million.
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“For the first time, we saw that a start-up launched in Africa with very limited resources could become a major international player,” the French-Tunisian CEO, who co-founded the company with Tunisian self-taught IT enthusiast Zohra Slim, told AFP.
It gives young Africans the “hope of being part of tomorrow’s innovation and technology,” he said.
InstaDeep specializes in decision-making artificial intelligence (AI) that helps businesses develop applications to optimise cost and efficiency.
