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iAfrikan BYTES - InstaDeep’s Next Move, How Africa’s AI Champion Plans To Stay Ahead

InstaDeep’s Next Move, How Africa’s AI Champion Plans To Stay Ahead

10/23/24 • 10 min

iAfrikan BYTES
In the bustling halls of the Deep Learning Indaba 2024 in Dakar, Senegal, iAfrikan caught up with Karim Beguir, the visionary CEO of InstaDeep. Fresh off a $680 million acquisition by BioNTech, the deal stands as Africa’s largest deep-tech exit, propelling the Tunisian-born AI company into the global spotlight. But with big opportunities come tough questions: Can InstaDeep maintain its bold, African-led vision under the weight of a global biotech giant? The stakes couldn’t be higher. At the AI Day on October 1, 2024, InstaDeep unveiled new breakthroughs in AI-driven biology, promising to reshape drug discovery. At the same time, the company is expanding into Rwanda, next year’s host of the Indaba, signaling a deeper push into Africa’s tech ecosystem.
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In the bustling halls of the Deep Learning Indaba 2024 in Dakar, Senegal, iAfrikan caught up with Karim Beguir, the visionary CEO of InstaDeep. Fresh off a $680 million acquisition by BioNTech, the deal stands as Africa’s largest deep-tech exit, propelling the Tunisian-born AI company into the global spotlight. But with big opportunities come tough questions: Can InstaDeep maintain its bold, African-led vision under the weight of a global biotech giant? The stakes couldn’t be higher. At the AI Day on October 1, 2024, InstaDeep unveiled new breakthroughs in AI-driven biology, promising to reshape drug discovery. At the same time, the company is expanding into Rwanda, next year’s host of the Indaba, signaling a deeper push into Africa’s tech ecosystem.

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