- Microsoft is following its acquisition of Montreal-based Maluuba with additional investment in the city that’s become quite the artificial intelligence hotbed.
- Montreal and its AI community is seen by Microsoft as a key part of its larger goal to “democratize AI,” a phrase Microsoft CEO Satya Nadella has used frequently to describe his company’s goals with its expanding research and product efforts in the field.
- Microsoft announced at Davos on Wednesday that it will be growing its research and design office there (which is what Maluuba will be post-acquisition) to double the size over the course of the next two years.
Microsoft isn’t the only company investing in Montreal and its AI research as part of the gold rush currently going on around this particular area in tech; Google announced a new AI lab in the city late last year, as well as a $3.4 million investment in Bengio’s Institute.
- Microsoft will also be investing in the academic community that helps make Montreal the AI powerhouse it’s become; the company is putting $6 million in funding “gifts” behind the University of Montreal, and $1 million for McGill’s research efforts, to be distributed over the course of the next five years.
Date: January 18, 2017
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