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AI for All: How India Can Become an Artificial Intelligence Superpower
From asking questions to Siri, to watching a movie served up by Netflix’s algorithms, it's now common to interact with products powered by artificial intelligence. As Brinda Sapra at Vera Solutions explains, AI is predicted to contribute $15.7 trillion to the global economy – and $957 billion to India’s economy – in the near future. She explores why – and how – India should harness the disruptive potential of AI, rather than fearing its impact on employment.
- Categories
- Technology
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This AI Helps Kenyan Farmers To Know When To Plant Their Crops
In order to see how artificial intelligence, machine learning and big data could help those farmers, French consultancy firm Capgemini teamed up with a Kenyan social enterprise in the Kakamega region in Western Kenya.
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- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Capgemini Turns to AI to Fix Food Supply Chain Sustainability
Business consulting giant Capgemini has launched a project which uses artificial intelligence (AI) to support farmers in improving environmental practices on their land.
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- Agriculture, Technology
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Fintech Company CredoLab Set to Drive Financial Inclusion in South Africa
Using this non-traditional data and predictive analytics for credit scoring enables lenders to expand their pool of borrowers while keeping risks under control.
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- Finance
- Region
- Sub-Saharan Africa
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Kreditech, the AI-Based Near-Prime Loans Platform, Nabs $22m Under New CEO to Expand Globally
This is an equity round that it will be using to continue building its business specifically in the latter of those four countries — doubling down on the fact that India is not only one of the world’s biggest economies, but one of the fastest-growing, too.
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- Finance
- Region
- South Asia
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Press Release: TEAMFund Closes $30MM Impact Fund
TEAMFund invests in commercial-stage companies addressing non-communicable diseases in low-resource settings, with an initial geographic focus in India and Sub- Saharan Africa.
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- Health Care, Investing
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An African Solution to the Digital Skills Gap: Preparing for the Future of Work in Emerging Markets
With the rise of artificial intelligence, machine learning and cloud computing, the nature of work is transforming. But while many focus on the possible downsides of these changes, like AI-fueled job loss, Becky Santora at Digital Divide Data points out some upsides as well. She explores the new technical and analytical skills necessary in the work of the future – and how emerging markets workers can prepare themselves.
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- Technology
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Turning Impact Intention into Impact Evidence: How to Put the GIIN’s IRIS+ Metrics into Action
Accounting for impact is notoriously difficult. And though impact investors have long turned to the GIIN's IRIS metrics as a standardized measurement tool, as SoPact co-founder Hetal Sheth points out, the IRIS metrics don't make impact strategy actionable. Now that the GIIN has reintroduced its standards with IRIS+, Sheth explores how the new metrics improve on the previous version – and how SoPact’s Impact Cloud platform can help investors use them to build a robust impact management strategy.
- Categories
- Impact Assessment, Investing