Microsoft Corporation acquires Maluuba

Microsoft Corporation acquired Maluuba, a transaction completed in February 2017.

Maluuba operates in Microsoft AI and Research Group, is based in Montreal, Canada. Maluuba is a Montreal-based deep-learning research lab focused on natural-language understanding, question-answering, and decision-making using deep and reinforcement learning. Microsoft acquired it to advance machine reading and writing and its broader effort to democratize AI.

Advance conversational AI and machine reading/writing capabilities and further Microsoft's strategy to democratize AI for consumers, businesses, and developers.

Maluuba's expertise in deep learning and reinforcement learning for question-answering and decision-making systems will help us advance our strategy to democratize AI.Harry Shum, Executive Vice President, Microsoft AI and Research Group

Advisory firms were not disclosed for this transaction.

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