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Tuesday, December 13, 2016

Microsoft Plans to Back More AI Startups Through Venture Funding by Aaron Pressman

A new mission for #MicrosoftVentures. Investments in startups specializing in #artificialintelligence, the subspecialties of machine learning, and big data analysis are booming. Now #Microsoft is expanding its efforts with a new investment fund focused on startups using AI for “inclusive growth and positive impact on society.” The software giant defined the mission as providing funding for #AI companies that will help people work with machines to increase access to education, teach new skills, create jobs, improve treatment of disease, and other world-mending tasks. The fund, part of Microsoft Ventures, will only support businesses deemed to have a chance at making big profits, however, and won’t be backing non-profits or non-governmental organizations known as NGOs.

http://fortune.com/2016/12/12/microsoft-ai-machine-learning/

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