Published On: Wed, Feb 3rd, 2016

Microsoft Is Acquiring London’s AI-Driven SwiftKey For $250M

Microsoft is accepted to be appropriation London-based SwiftKey, a startup that employed synthetic comprehension to emanate a ground-breaking predictive smartphone keyboard, according to sources. The Financial Times is stating that a understanding is “around $250m”. TechCrunch understands a figure is only underneath that amount. UPDATE: Investor sources contend a deal, that is all-cash, is really going by and will be announced imminently.

The companies are accepted to have been in talks for a series of months. Staff were told progressing currently about a deal. SwiftKey declined to comment.

SwiftKey lifted a sum of $21.59 million from Octopus Ventures and Index Ventures, while UK luminary Stephen Fry was an early angel investor.

SwiftKey’s keyboard and SDK is now on some-more than 500 million Android and iOS smartphones. And while a record is hugely time-saving for users, a AI-powered height could have distant some-more uses for Microsoft than only keyboards. The predictive engine behind that keyboard could be put to many some-more uses.

Furthermore, by appropriation SwiftKey’s staf, and founders Dr. Ben Medlock (CTO) and Jon Reynolds (CEO), they are removing a kick-ass group that is so during a forefront of AI that even Professor Stephen Hawking has praised their work after they worked on a plan to raise a communication complement used by a world-renowned scientist.

Here’s how SwiftKey works:

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