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Saturday, 14 January 2017

MICROSOFT ACQUIRES CANADIAN AI STARTUP MALUUBA

   Microsoft acquires Canadian AI startup Maluuba


Microsoft has acquired Canadian startup Maluuba, a company founded by University of Waterloo grads Kaheer Suleman and Sam Pasupalak.
The startup was part of the TechCrunch’s 2012 San Francisco Startup Battlefield competition.
Maluuba focuses on natural language processing, in service of pursuing general artificial intelligence, or building computers that can think like people.
The Montreal-based company focuses on using deep learning and reinforcement learning to increase the proficiency and effectiveness of computer-based systems that can answer questions and make decisions
Microsoft noted in a blog post that its work will help with its broad goal of making AI more accessible and useful to the general public.
Maluuba’s focus has been on improving computer systems’ ability to comprehend what they’re reading, to understand natural dialog between individuals and to get better at tasks like memory, common-sense reasoning and finding information when they have a gap in their own knowledge.

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