Microsoft has acquired speech recognition specialist Maluuba for an undisclosed amount, providing investor Samsung Ventures with an exit.
Consumer electronics manufacturer Samsung is set to exit Canada-based deep learning technology developer Maluuba through an acquisition by software provider Microsoft for an undisclosed sum.
Maluuba is applying deep learning to the function of understanding language. It operates a research laboratory in Montreal with a view to developing a machine that can read, understand, infer and make logical decisions based on language in the same way a human being would.
The technology will be added to Microsoft’s own artificial intelligence…
