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Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies - Business - Nairaland

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Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by Dpsychologist(op): 11:32am On Jun 14
In a development that could signal a new chapter for Africa's artificial intelligence industry, Nigerian technology company Bluechip Technologies has acquired local AI startup YarnGPT, a homegrown platform designed to convert text into speech using Nigerian accents and indigenous languages.

The announcement was made by Bluechip Technologies Chief Executive Officer, Kazeem Tewogbade, during the 2026 Bluechip Data and AI Summit, where the deal was presented as more than just another corporate acquisition. For many observers, it represents proof that African innovators can build globally relevant technologies by solving local problems.

YarnGPT attracted attention after its founder, Saheed Azeez, a graduate of the University of Lagos, emerged as the first runner up at the Bluechip Data and AI Hackathon in 2023. What started as a hackathon project has now grown into an AI product valuable enough to be acquired by one of Africa's leading technology companies.

Unlike many global AI tools that focus primarily on Western languages and accents, YarnGPT was built with African users in mind. The platform can read text using Nigerian accented English and local languages such as Yoruba, Igbo, and Hausa, making it more accessible and culturally relevant for millions of users.

Speaking at the summit, Tewogbade said the acquisition aligns with Bluechip's strategy of expanding its technology ecosystem through innovation, product development, and strategic acquisitions. YarnGPT now joins the company's growing portfolio of technology products alongside Bluechip Data Platform, Cribro, BluPrime, and CashComplete.

Industry analysts believe the acquisition is significant because it demonstrates that African startups do not have to rely solely on foreign markets or imitate solutions developed abroad. Instead, they can create products tailored to local realities and still attract investment, commercial partnerships, and acquisition opportunities.

Bluechip Technologies co founder, Olumide Soyombo, also highlighted Africa's greatest advantage in the global AI race, its young and growing pool of technology talent.

According to him, while Africa may not yet compete with developed countries in building trillion dollar AI infrastructure, it possesses something equally valuable: a generation of innovative young people capable of creating solutions for the continent and beyond.

Founded 18 years ago, currently operates across nine African countries and serves more than 50 corporate clients. The acquisition of YarnGPT marks the company's deeper move into AI product ownership and development.

Beyond the business implications, many see the deal as an encouraging message to young African developers. It shows that a good idea, backed by innovation, persistence, and local relevance, can evolve from a competition project into a commercially valuable technology company.

As artificial intelligence continues to reshape industries worldwide, the YarnGPT acquisition may serve as a reminder that Africa's future role in AI will not be defined by copying global trends, but by building solutions rooted in its own languages, cultures, and realities.
Source : https://businessday.ng/technology/article/bluechip-acquires-nigerian-ai-startup-yarn-gpt/

Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by saintbillion(m): 12:44pm On Jun 14
Of what used is this to Nigerian economy, when there's chatgpt?
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by autoez: 12:44pm On Jun 14
Nigeria well done. We will get there
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by BarrElChapo(m): 12:44pm On Jun 14
AI is the new money. Congratulations
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by boldmkay: 12:46pm On Jun 14
This is a good one. More AI projects to be built soon
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by ogaontop(m): 12:46pm On Jun 14
Wow, this is very impressive, better than many useless skits up and down!
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by ThePointMan(m): 12:47pm On Jun 14
For how much was it acquired? There are usually full disclosures when such deals are made.
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by ogaontop(m): 12:48pm On Jun 14
ThePointMan:
For how much was it acquired? There are usually full disclosures when such deals are made.
The amount may not be impressive, hence the reason they didn't mention it.
Most acquisition stories I have heard comes with amount!
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by SonOfWords(m): 12:50pm On Jun 14
saintbillion:
Of what used is this to Nigerian economy, when there's chatgpt?
Go back and read the article again, but this time, slowly.
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by SonOfWords(m): 12:52pm On Jun 14
ogaontop:
The amount may not be impressive, hence the reason they didn't mention it.
Most acquisition stories I have heard comes with amount!
Or likely a hasty omission by the news source...
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by shogotermies(m): 12:52pm On Jun 14
saintbillion:
Of what used is this to Nigerian economy, when there's chatgpt?
Just stfu, if you don’t know what it does.

Those that knows the value bought it already
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by Brushstrokes20:
AWESOME! Feat👍👍👍🥂🥂
#Bluechip breaking boundaries✨✨✨
# kazeem tewogbade to the world 🌎🌎🌎
# kazbaba the TRAIL BLAZER💫
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by ogaontop(m): 12:59pm On Jun 14
SonOfWords:
Or likely a hasty omission by the news source...
Not likely, a huge amount will be attractive and sell the news more!
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by kestolove95(m): 1:00pm On Jun 14
Please who knows the best free app for minutes…I really need it’s for minutes taking..
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by SonOfWords(m): 1:02pm On Jun 14
ogaontop:
Not likely, a huge amount will be attractive and sell the news more!
Well, I reckon we'll most likely know the amount that changed hands with subsequent updates to this news, either here or on social media platforms.
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by DeltaBachelor(m): 1:14pm On Jun 14
Nice one from the developers
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by Validated: 1:24pm On Jun 14
autoez:
Nigeria well done. We will get there
Where is your "there"?
A country going "there", without knowledge of what "there" is is like Tinubu steering Nigeria economy into an abyss.
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by Mercyjoy28: 1:26pm On Jun 14
saintbillion:
Of what used is this to Nigerian economy, when there's chatgpt?
Are you for real or you are just joking?
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by Incognito403: 1:27pm On Jun 14
saintbillion:
Of what used is this to Nigerian economy, when there's chatgpt?
Rhis is a very directlionless, ignorant and myopic question
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by bigfoot79(m): 1:43pm On Jun 14
saintbillion:
Of what used is this to Nigerian economy, when there's chatgpt?
As a man thinks, so is he. The one who saw Chatgpt and was inspired to do his own yarngpt is reaping the benefits. He who chose to doubt remains in doubt
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by TheStoriesOfMan: 1:50pm On Jun 14
I like Zainab's voice. Cool and soothing.

I'll give it only a 6/10 because no video conversion and no chat features. If it can code UI/UX and create links for website bypassing other methods, it will be a game changer.

Also, there should be a premium package (like ₦5000-₦10000 per month) for advanced features.
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by Paulscholari(m): 1:50pm On Jun 14
How much did he buy am.I have a product too coming up...from the stable of TechProfitHub
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by geoworldedu: 1:56pm On Jun 14
Yarngpt, okay. Let me go and download it now now. I'm really enjoying the advancement of science and technology to Africans while Jehovah and Allah remain in their spiritual cage with scrolls and seven golden candlesticks they will use to judge Christians and Muslims in the future of revelation. grin cheesy
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by Yvngex(m): 2:12pm On Jun 14
Dpsychologist:
Source : https://businessday.ng/technology/article/bluechip-acquires-nigerian-ai-startup-yarn-gpt/
This is impressive! I encourage our people to patronize and support our local tech markets[color=#006600][/color].
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by Scholarforlife: 2:18pm On Jun 14
[color=#990000][/color]
saintbillion:
Of what used is this to Nigerian economy, when there's chatgpt?
The uses include a Nigerian-accented English and the possibility of using the three major Nigerian languages. The uses are already stated in the post.
By the way, why do many Nigerians resent the emergence of Nigerian products even before they get tested. China didn't become great this way.
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by Truthfulone1: 2:21pm On Jun 14
I Know the guy well that build this app, very brilliant always going to his room for those bastard meg courses.
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by RealityKings1: 2:42pm On Jun 14
If you need person wey Sabi train the AI, I dey available for that. Ah go deliver
Re: Yarngpt: Nigerian AI Startup Bought By Bluechip Technologies by Ajsmart(m): 3:09pm On Jun 14
This is impressive as it encourages local developers to develop and build its own sustainable tech industry.
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