Monday, December 12, 2016

Microsoft Ventures Targets AI Startups With New Fund

Microsoft Ventures announced this morning that it has launched a new fund, focused on artificial intelligence (AI) startups, called AI:, which it said will make investments in AI companies focused on inclusive growth and positive impact on society. Microsoft Ventures said that, since October, it has invested in such companies as Element AI, i3 Equity Partners, Zipwhip, Paxata, xAd, Dynamic Signal, and Tact, all of which are developing AI software.