Microsoft on 13th Jan 2017 announced a deal to purchase Montreal based AI startup Maluuba. The startup is focused on making machines think the way people do.
Microsoft has also included the founders of this startup on board, namely Kaheer Suleman and Sam Pasupalak.
Financial terms of the acquisition were not disclosed.
Maluuba aims to create more general AI by opting for machines that can reason, communicate and think like humans.
Tech giants Apple, Amazon, Samsung, Google and Microsoft are vying to create the most sophisticated AI assistant.
Microsoft: Know More - Industry: Computer software & hardware, Consumer electronics, Digital distribution
- Founded: April 4, 1975
- Location: Albuquerque, New Mexico, United States
- Founders: Bill Gates & Paul Allen
- Headquarters: Microsoft Redmond campus, Redmond, Washington, United States
- CEO: Satya Nadella
- Chairman: J. W. Thompson
- Founder and Technology advisor: Bill Gates
- President: Brad Smith
