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Saturday, May 25, 2024

InstaDeep CEO takes AI from Tunisia to London

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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.

“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.

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