Microsoft Ventures launches AI-focused fund

The VC arm of Microsoft wants to help people and machines work better together

Microsoft Ventures has launched an artificial intelligence investment fund, signaling its parent company's growing focus on the emerging technology.

The VC arm of Microsoft has also funded Element AI, an incubator to help organizations embrace an AI-first strategy, Nagraj Kashyap, corporate vice president of Microsoft Ventures, said Monday in a blog post.

"AI holds great promise to augment human capabilities and improve society by tackling some of the world’s biggest problems," Kashyap wrote. "We’ll make investments in startups that are responsibly harnessing the promise of AI to empower people and businesses."

The funded companies "will help people and machines work together to increase access to education, teach new skills and create jobs, enhance the capabilities of existing workforces and improve the treatment of diseases," Kashyap added.

Kashyap did not disclose the size of the new AI fund.

Since launching in May, Microsoft Ventures has invested in 19 companies, including Tact, a sales experience platform designed to transform a salesperson's connected device into an AI-powered smart assistant. Another investment was in i3 Equity Partners, an investment firm dedicated to early-stage investments in Israeli internet of things startups.

Microsoft has made AI a major company focus in recent months. In September, the company launched a new AI and Research Group, and it has made several improvements to its Cortana digital assistant.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Grant Gross

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?