Why Microsoft acquired AI Startup MALUUBA ?


Microsoft acquired Maluuba a Toronto startup focused on using deep learning for natural language processing.

REASONS FOR ACQUISITION
  • To set new milestones for speech and image recognition using deep learning techniques this acquisition was finalized. 
  • Microsoft to Outperform Facebook and Google in AI
  •  Along with acquiring the company, Microsoft has also established closer ties with Yoshua Bengio, a pioneer in the field of deep learning who served as an advisor to Maluuba, and will now become and advisor to Microsoft’s AI division.
  • Maluuba will be integrated with Cortana, Microsoft’s digital assistant, to help consumers deal with everyday chores like email.
  • Maluuba’s expertise in deep learning and reinforcement learning for question-answering and decision-making systems will help advance Microsoft  strategy to democratize AI and to make it accessible and valuable to consumers, businesses and developers.
Microsoft is building an AI system that doesn’t just know what emails you receive, but also knows the critical information in each message.

About Maluuba 
Maluuba was founded in 2011 and is based in Montreal and Waterloo in Canada

Maluuba Founders
Sam Pasupalak
Kaheer Suleman


Tags: #DeepLearning #AI #Cortana #MachineLearning #Startup

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