Microsoft Ventures today announced their investment in two AI-based startups in the US. Agolo and Bonsai are the two companies and they are using AI to transform how we work. Read about these companies below.
Agolo, based in New York, makes the world’s most advanced summarization software. By applying its summarization system to news, chat, voice and video content, Agolo enables efficient consumption of large amounts of data, increasing productivity in the workplace. The company’s AI platform can analyze thousands of documents and produce a summary of key points, specific to the user’s interests, in real time.
Bonsai, based in Berkeley, California, is empowering enterprises to build intelligent systems. By automating the management of complex machine learning algorithms, Bonsai enables developers everywhere to take advantage of the latest advances in AI.
It is important to note that Microsoft has already invested in Element AI and Livongo as part of its AI fund.