British AI start-up Weave becomes Silicon Valley target

©Bloomberg Apple’s Siri is the best known AI assistant Silicon Valley is once again raiding British expertise in artificial intelligence, with early stage start-up Weave.ai the latest target of takeover talks for US tech groups. Founded last year in London, Weave.ai has only eight employees and has raised just $200,000 to date, from seed investors including start-up accelerator Techstars. Its team includes four AI engineers, whose goal is to build a system that makes smartphone assistants like Siri or Google Assistant more human-like. British AI talent has been particularly attractive to the world’s biggest companies, including Google, Microsoft and Apple. In 2014, Google paid $400m for DeepMind, a London start-up that did not have a product for sale at the time, but is now arguably a world leader in AI,…


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