Maluuba Acquired to Bolster AI Efforts

Maluuba, a Montreal-based artificial intelligence (AI) research company, was acquired by Microsoft in Jan. 2017. The acquisition could bolster Microsoft's efforts to produce new applications, services, and tools that leverage AI. Maluuba has focused on fields such as deep learning and reinforcement learning, which are algorithmic approaches that can enable machines to process natural language and mimic human reasoning with better results than other methods.

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