Novus Holdings Invests R55 Million in AI Innovation Company

  • 📰 ITNewsAfrica
  • ⏱ Reading Time:
  • 68 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 59%

España Noticias Noticias

España Últimas Noticias,España Titulares

Africa's Technology News Leader

will help students in South Africa who don’t have access to private education support. MML’s AI tutor simulates one-on-one tutoring, improving student performance by an average of two grades. This demonstrates how Bytefuse’s work with MML has a revolutionary effect on improving educational experiences and results.

“AI is at the forefront of significant change in our society, and our work with MML demonstrates its potential to create significant value in education,” said. “This investment from Novus Holdings will enable us to scale our solutions and bring AI-driven innovation to more sectors. We believe that by leveraging our solutions, businesses can achieve unparalleled efficiency and effectiveness while delivering products and services that were not previously possible.

Since Bytefuse began its journey four years ago, it has had a head start in building strong artificial intelligence solutions due to its long-term vision and readiness. The business employs open-source AI models since they are more affordable to host and smaller in size. Bytefuse can enhance the quality of outcomes beyond standard off-the-shelf solutions, guaranteeing data confidentiality and privacy, by training these models on a business’s proprietary data.

Bytefuse strengthens its strategic position in the AI market with top AI specialists led by Prof. Etienne Barnard, who has over 35 years of experience, enabling him to understand the fundamental building blocks of AI and address issues effectively.commented on the investment, “We are incredibly pleased to have incubated Bytefuse from its inception and to receive this substantial investment.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 27. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Caxton to oppose Media24’s sale of its distribution business to NovusCaxton plans to head to Competition Commission; says Media24 restructuring could have 'serious competition and public interest concerns' and
Fuente: TheCitizen_News - 🏆 6. / 75 Leer más »

Newspaper printer Novus pivots with big AI investmentJSE-listed Novus Holdings, best known as an industrial printing and packaging operation, has bought a stake in an AI company.
Fuente: TechCentral - 🏆 8. / 71 Leer más »