The AI Bandwagon: African Startups Struggling To Keep Pace

By  |  July 14, 2023

Artificial Intelligence (AI) has emerged as a transformational force in the ever-changing tech space, captivating the attention of entrepreneurs and industry executives alike. Fueled by advances in Machine Learning (ML), AI has emerged as the next frontier in technological growth, transforming businesses and shaping the future of civilization. AI holds immense opportunities across a wide range of industries, from healthcare and finance to transportation and agriculture, thanks to sophisticated algorithms and vast volumes of data.

But what exactly is this buzzword going around in the tech domain and halls? At its core, AI is an integrated field that combines different branches of computer science, such as machine learning, natural language processing, computer vision, and robotics, to develop intelligent systems capable of performing tasks that typically require human intelligence. AI systems can learn from data, spot patterns, make predictions, and adapt to changing conditions using algorithms and computer models with outstanding precision and efficiency. Machine learning, in particular, has emerged as a key driver for the development of AI, as it empowers systems to autonomously learn and evolve. This has paved the way for a wide range of applications, ranging from customised medical treatments and fraud detection to driverless vehicles and recommendation systems.

Most Read

From Bootstraps To Breakthroughs: Unravelling South Africa’s Startup Secrets

The startup ecosystem in South Africa is a buoyant and dynamic industry propelled

Moniepoint Is Stepping Up Its Global Ambitions As UK Plans Take Shape

Moniepoint Inc., the parent company of one of the largest business payments and

Tracing The Rapid Rise Of E-Mobility in Kenya

The global automotive industry has shifted significantly towards electric vehicles (EVs) in recent