Microsoft Is Acquiring London’s AI-Driven Swiftkey For 0M

Microsoft is understood to be acquiring London-based Swiftkey, the startup which employed artificial intelligence to create a ground-breaking predictive smartphone keyboard, according to sources. The Financial Times is reporting that the deal is “around $250m”. TechCrunch understands the figure is just under that amount. UPDATE: Investor sources say the deal is definitely going though and will be announced imminently.The companies are understood to have been in talks for a number of months. Staff were told earlier today about the deal. Swiftkey declined to comment. Swiftkey raised a total of $21.59M from Octopus Ventures and Index Ventures, while UK celebrity Stephen Fry was an early Angel investor. SwiftKey’s keyboard and SDK is now on more than 500 million Android and iOS smartphones. And while its technology is hugely time-saving for users,…


Link to Full Article: Microsoft Is Acquiring London’s AI-Driven Swiftkey For 0M