Microsoft to acquire another AI company

Microsoft has already made several strategic acquisitions, including Bonsai, Lobe, GitHub, to accelerate AI development

Microsoft to acquire another AI company. Source: shutterstock.com

Microsoft announced that it will acquire XOXCO, a software product design and development studio known for its conversational AI and bot development capabilities. The company has been paving the way in conversational AI since 2013 and was responsible for the creation of Howdy, the first commercially available bot for Slack that helps schedule meetings, and Botkit, which provides the development tools used by hundreds of thousands of developers on GitHub.

Over the years, we have partnered with XOXCO and have been inspired by this work. We have shared goals to foster a community of startups and innovators, share best practices and continue to amplify our focus on conversational AI, as well as to develop tools for empowering people to create experiences that do more with speech and language

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Over the last six months, Microsoft has made several strategic acquisitions to accelerate the pace of AI development.

Our goal is to make AI accessible and valuable to every individual and organization, amplifying human ingenuity with intelligent technology. To do this, Microsoft is infusing intelligence across all its products and services to extend individuals’ and organizations’ capabilities and make them more productive, providing a powerful platform of AI services and tools that makes innovation by developers and partners faster and more accessible, and helping transform business by enabling breakthroughs to current approaches and entirely new scenarios that leverage the power of intelligent technology

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Microsoft to acquire another AI company

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