Microsoft has poured in an undisclosed amount in a startup – Builder.ai. With this Microsoft is increasing its efforts in Artificial Intelligence and competing with Google.
Emphasising how Microsoft was committed to helping startups, Sachin Dev Duggal, chief wizard and founder of Builder.ai said, “From my first meeting with Microsoft to the moment we agreed to collaborate more strategically, one thing has been clear-Microsoft’s commitment to helping everyone unlock their true potential.”
“We are ecstatic that the world’s largest software company chose Builder.ai as a collaborator to lay down deeper roots in helping the next 100 million businesses and beyond become digitally native,” said Duggal.
Established in 2016, Builder.ai provides an AI-powered software platform that permits anyone to build an app (web or mobile), quickly and cheaply. It breaks software down into its reusable Lego-like features, coupled with customisation from its network of designers and developers.
This collaboration will help Builder.ai accelerate its growth by leveraging the deep product connections across the Microsoft product ecosystem. This will include integrating with Azure OpenAI Service and other Azure Cognitive Services within Builder.ai's software assembly line, as well as adopting the Microsoft Cloud and AI.
“We see Builder.ai creating an entirely new category that empowers everyone to be a developer,” said Jon Tinter, corporate vice president, of business development, at Microsoft. “Our new, deeper collaboration fuelled by Azure AI will bring the combined power of both companies to businesses around the world,” he added.
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