Microsoft ‘buys London artificial intelligence firm SwiftKey for 0 million’

The British firm behind smartphone keyboards and Stephen Hawking’s communication system has reportedly been snapped up by Miscrosoft for $250 million (£173.3 million). SwiftKey, founded by Jon Reynolds and Ben Medlock six years ago, uses artificial intelligence to power its products, including the predictive keyboards on millions of smartphones. The Financial Times reported that the founders, who created the company while in their 20s, will both make upwards of $30 million from the buy out. The deal, expected to be announced later this week, marks the latest attempt by a major tech firm to push into aritifical intelligence, as well as the latest swoop on a UK tech start-up. DeepMind, which started life at the University of Oxford, was bought by Google two years ago for £400 million, while VocallQ recently…


Link to Full Article: Microsoft ‘buys London artificial intelligence firm SwiftKey for 0 million’