'Where we are today in biology AI is similar to GPT in 2020': An interview with the CEO of Africa's biggest AI startup | TechCrunch

In January last year , German biotech company BioNTech acquired African AI startup Instadeep for over $550 million .

The startup uses advanced machine learning techniques to bring AI into enterprise applications.

CEO Karim Beguir tells TechCrunch that the acquisition has made significant progress on that front, even as the AI company continues to operate independently.

Instadeep, under BioNTech, deploys AI in several life science use cases.

On the other hand, it independently handles its other business line, which involves AI and deep reinforcement learning for industrial optimization.

The Tunis -based AI company has bolstered efforts to develop other industrial optimization use cases, such as optimizing complex airport operations with AI .

InstaDeep uses past label data and satellite imaging to infer with high quality and an 80-85% accuracy where the locust bridging grounds will be in the next 30 days .

InstaGeo , the company’s framework that uses multispectral satellite imaging from NASA or the European Space Agency , is open-source and available for other companies to develop scalable solutions across the continent.