Microsoft Corporation acquired Semantic Machines, a transaction announced in May 2018.
Semantic Machines operates in AI (conversational AI), is based in Berkeley, California, USA. Microsoft acquired Semantic Machines, a Berkeley company using machine learning to build conversational AI that goes beyond command-and-response bots toward natural dialogue. Microsoft used the technology to advance products like Cortana. Financial terms were not disclosed.
Establish a conversational AI center of excellence in Berkeley and combine dialogue technology with Microsoft's speech and language work.
With the acquisition of Semantic Machines, we will establish a conversational AI center of excellence in Berkeley.David Ku, CVP and Chief Technology Officer, Microsoft AI & Research
Advisory firms were not disclosed for this transaction.