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I’m excited to share our latest article showcasing 50 AI startups in Kenya that are driving innovation across industries—from agriculture and healthcare to fintech and education. 🌍💡
🔗 https://lnkd.in/dfddei5U
If you're a founder or work in the AI space, I’d love to hear from you! Check out the article to see if your company made the list. If we missed any notable AI startups, tag them in the comments or let us know—this is a space worth highlighting. 👏✨
Kenya’s tech ecosystem is on the rise, and these companies are making bold moves to shape the future. Let’s celebrate their impact and grow the conversation on AI in Africa! #AI#Kenya#Innovation#Startups#AIinAfrica
📢 Hey LinkedIn community, we know innovation is a major hallmark for creating unprecedented growth. Today, we’re exploring the transformative power of AI through the lens of some game-changing Toronto-Based Startups! Want to know how these innovative companies are revolutionizing Canada's Tech Industry? Check out our latest article! 👇
https://lnkd.in/du6CJCZ9
📌 Featuring:
Arteria AI - Founded by Jonathan Wong. They’re redefining contract management through AI. Impressive? We think so, too!
Vivid Machines - Founded by Jenny Lemieux & Jonathan Binas. This startup is leveraging tech for agricultural advancements.
HUEX Labs - Founded by Anik Seth, Jiping Sun, & Kiran Kadekoppa. They're making strides with their voice-enabled digital assistant, AiDA.
Deep Biologics - Founded by Dea Shahinas & Shraddha Dubey. They’re utilizing AI for groundbreaking developments in biologics.
Tech Spark Canada - Founded by Tamar Huggins. They’re democratizing education by aligning it with students' cultural intelligence.
DAIMLAS.com Localized Artificial Intelligence Ecosystem Builders - The marketplace for AI ecosystem builders.
Pulsenics Inc - Founded by Essam Elsahwi & Mariam Awara. They're bringing real-time monitoring to electrochemical systems.
Train Fitness - Founded by Andrew Just & Antoine Neidecker. They are reshaping fitness with AI.
SBX Robotics - Founded by Ian Dewancker & Josh Kuntz. They are building better computer vision models using synthetic data.
Arc Compute - Founded by Arthur Rasmusson & Justin Ritchie. They’re reshaping cloud infrastructure with their GPU-accelerating software.
Tali AI - Founded by Hesam Dadafarin, PhD & Mahshid Yassaei. They're providing physicians with a game-changing voice-enabled virtual assistant.
Let's champion these pioneers driving the AI revolution in Canada!
#AI#Startups#Toronto#TechIndustry#Innovation#ArtificialIntelligence#MachineLearning#CanadianStartups
Together with our CTO, Antoine Latrille, I'm delighted to share the study on AI adoption that we conducted across 80 of our startups in France and in the USA.
Here is a preview of the key insights:
1) IA integration is about wining the race of productivity
=> 70% of companies have implemented IA and 67% reported productivity gains. Motivation is not only internal as 1 over 4 startup fear competitor could outpace them.
2) Internal knowledge is preferred as outsourcing
=> for 90% startups as they want to ensure they can swiftly adapt to AI advancements and maintain control over their innovations
3) US ecosystem is more favorable but both French and American startups share desire to integrate AI
=> 10 out 12 AI tools are coming from the US with a more favorable regulation and bigger AI investments ($67b against $2b in France in 2023). However 95% of French startups have or want to integrate IA and 1 over 5 have participated in our IA Booster program.
Initiated in December, Newfund IA Booster was meant to support startups learn from real-life AI applications, promoting an in-house approach to innovation.
At Newfund, we're committed in bridging cross-Atlantic differences and supporting our startups in harnessing the full potential of AI to outpace global competition.
To read more about the study: https://lnkd.in/eArUP4uR#AI#Startups#Newfund#USA#France#Innovation
We have been hard at work compiling and presenting our AI study 👨🔬
Worth a read to get insights and real use cases coming from the trenches. Perhaps you'll have a new product idea after that!
#AI#startup#innovation#vc
Together with our CTO, Antoine Latrille, I'm delighted to share the study on AI adoption that we conducted across 80 of our startups in France and in the USA.
Here is a preview of the key insights:
1) IA integration is about wining the race of productivity
=> 70% of companies have implemented IA and 67% reported productivity gains. Motivation is not only internal as 1 over 4 startup fear competitor could outpace them.
2) Internal knowledge is preferred as outsourcing
=> for 90% startups as they want to ensure they can swiftly adapt to AI advancements and maintain control over their innovations
3) US ecosystem is more favorable but both French and American startups share desire to integrate AI
=> 10 out 12 AI tools are coming from the US with a more favorable regulation and bigger AI investments ($67b against $2b in France in 2023). However 95% of French startups have or want to integrate IA and 1 over 5 have participated in our IA Booster program.
Initiated in December, Newfund IA Booster was meant to support startups learn from real-life AI applications, promoting an in-house approach to innovation.
At Newfund, we're committed in bridging cross-Atlantic differences and supporting our startups in harnessing the full potential of AI to outpace global competition.
To read more about the study: https://lnkd.in/eArUP4uR#AI#Startups#Newfund#USA#France#Innovation
🚀 **Exciting times for AI-driven startups!** 🚀
In today's dynamic business landscape, AI-powered ventures are not just thriving, but reshaping entire industries. Here's a closer look at the remarkable growth and impact of these innovative startups:
🔍 **Unleashing Innovation:** AI-driven startups are at the forefront of innovation, leveraging cutting-edge technology to solve complex problems across various sectors. From predictive analytics to natural language processing, these ventures are pushing the boundaries of what's possible.
🌐 **Global Reach:** With advancements in connectivity and cloud computing, AI startups have a global reach from day one. They're not bound by geographical limitations, allowing them to tap into diverse markets and collaborate with partners worldwide.
💡 **Disrupting Traditional Industries:** Traditional industries like healthcare, finance, and manufacturing are undergoing massive transformations, thanks to AI-driven startups. These ventures are streamlining processes, reducing costs, and improving outcomes in ways that were previously unimaginable.
🔑 **Unlocking Insights:** Data is the new oil, and AI startups are the refining engines. By harnessing vast amounts of data and employing sophisticated algorithms, these ventures are uncovering actionable insights that drive strategic decision-making and business growth.
🤝 **Collaborative Ecosystems:** The AI startup ecosystem thrives on collaboration. Whether it's through partnerships with established companies, academic institutions, or government agencies, these ventures understand the value of teamwork in driving innovation at scale.
🌱 **Scalability and Agility:** One of the key advantages of AI-driven startups is their scalability and agility. With flexible business models and cloud-based infrastructure, they can rapidly adapt to changing market conditions and scale their operations to meet growing demand.
🔒 **Ethical Considerations:** As AI technologies continue to evolve, so do the ethical considerations surrounding their use. Responsible AI startups prioritize ethical practices and transparency, ensuring that their solutions are developed and deployed in a way that upholds societal values and respects user privacy.
Let's continue to support and celebrate the incredible work being done by AI-driven startups around the world. Together, we can harness the power of AI to create a smarter, more sustainable future for all. 💡 #AI#Startups#Innovation#techtrends2024#caaspirants#professionalgrowth#professionalism
A Wake-Up Call for Europe’s AI Ambitions
The world of artificial intelligence is often dominated by the United States and China, but tech investor Xavier Niel has a bold message: Europe can, and must, chart its own course in AI. Niel, one of Europe’s most prominent entrepreneurs, is calling on AI startups to resist the lure of early buyouts and instead focus on becoming global leaders. His vision? A thriving AI ecosystem that reflects European values of privacy, transparency, and fairness.
The Risks of Falling Behind
“Europe has all the talent and resources needed to build AI champions,” Niel argues, pointing to the continent’s world-class research institutes in mathematics, engineering, and computer science. What’s missing, he says, is a long-term vision and sufficient investment to nurture these capabilities into globally competitive companies.
Investing in Europe’s AI Potential
Niel isn’t just talking; he’s putting his money where his mouth is. Through his investment firm, he has backed Paris-based Mistral AI, a startup valued at €6 billion in just one year. He’s also pledged €200 million towards building a stronger AI ecosystem in Europe. This includes opening a dedicated AI research centre in Paris and hosting an annual AI conference at Station F, the world’s largest startup incubator, which Niel founded.
These efforts are designed to provide startups with the funding, mentorship, and infrastructure they need to compete on a global stage. By fostering collaboration among researchers, entrepreneurs, and policymakers, Niel hopes to accelerate the development of AI solutions that align with Europe’s regulatory standards and ethical values.
Why European Values Matter in AI
Europe has the opportunity to develop AI systems that prioritise user privacy, data security, and transparency. This could make European AI more appealing to global markets that share these concerns, giving the continent a competitive edge.
The Path to Independence
To achieve true independence, Niel believes Europe must avoid the common trap of early acquisitions. Many promising European startups are snapped up by larger U.S. or Chinese companies before they have the chance to scale. By holding onto their intellectual property and building strong local ecosystems, these startups can grow into the AI giants Europe needs.
A Future Worth Fighting For
Xavier Niel’s vision is a call to action for entrepreneurs, investors, and policymakers alike. By investing in its talent and embracing its values, Europe has the potential to lead in AI innovation, creating solutions that are not only competitive but also ethical and inclusive. The question now is whether the continent will seize the opportunity.
Follow for more insights into how AI is shaping the future of innovation and global competition.
#artificialintelligence#innovation#technews#leadership#business#marketing#entrepreneurship#datascience#machinelearning#futureofwork
