Microsoft introduced it has got Semantic Machines, a conversational AI startup offering chatbots and AI chat apps based in 2014 having $20.nine million in investment from traders. The purchase will assist Microsoft meet up with Amazon Alexa, although the latter is extra concerned about enabling client programs of conversational AI.
Microsoft will use Semantic System’s acquisition to ascertain a conversational AI heart of excellence in Berkeley to assist it innovate in herbal language interfaces.
Microsoft has been stepping up its merchandise in conversational AI. It introduced the virtual assistant Cortana in 2015, in addition to social chatbots like XiaoIce. The newest acquisition can assist Microsoft support its ‘endeavor AI’ choices.
As using NLP (herbal language processing) will increase in IoT services and products, extra startups are getting traction from traders and established gamers. In June closing 12 months, Josh.ai, avoice-controlled home automation tool has raised $8M.
Adopted by means of it was once SparkCognition that raised $32.5M Sequence B for its NLP-based risk intelligence platform.
It seems that Microsoft’s acquisition of Semantic Machines was once motivated by means of the latter’s sturdy AI crew. The crew contains generation entrepreneur Daniel Roth who offered his earlier startups Voice Sign Applied sciences and Shaser BioScience for $300M and $100M respectively. Different crew participants come with Stanford AI Professor Percy Liang, developer of Google Assistant Core AI generation and previous Apple leader speech scientist Larry Gillick.