SA firm builds GPT for financial analysis
FinanceGPT is a generative AI startup built by South African entrepreneurs to help companies in their financial analysis tasks.
The startup has over the last two years grown to attract a diverse range of clientele including investment managers and finance officers out to fast-track their fiscal reporting.
Per its founders, FinanceGPT is also working on a financial voice assistant that will be competent in some African languages to deliver financial advisory services.
Key Takeaways
Artificial Intelligence has been generating buzz worldwide, and Africa is no exception. With the release of OpenAI's consumer-facing ChatGPT tool and the viral success of other generative AI tools, interest in the technology has reached unprecedented heights. But its impact goes beyond generating text or images; it's being used to solve a wide range of problems across different sectors globally, including Africa, where startups like FinanceGPT and businesses are increasingly adopting in fields like healthcare, education, agriculture, and transportation to improve efficiency and drive growth.
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