Salesforce (CRM) Boosts AI Capabilities with MetaMind Buy

Making a strong push toward enhancing its artificial intelligence (AI) capabilities, the world’s leading CRM platform provider, salesforce.com, Inc. (CRM – Analyst Report) acquired MetaMind, a start-up specialized in offering “deep-learning” services. However, the financial terms of the deal remain under wraps. Founded in 2014, MetaMind received a combined investment of $8 million from Salesforce CEO Marc Benioff and Khosla Ventures in December the same year. MetaMind’s “deep-learning” AI technique, according to Bloomberg “helps business users employ deep learning technology, which trains networks of computers to mimic the human brain’s ability to recognize and analyze pictures or text without explicit instructions”. MetaMind’s technology and tools span natural language and image recognitions which help users to analyze data and make better decisions. Therefore, the acquisition will help Salesforce offer enhanced AI…


Link to Full Article: Salesforce (CRM) Boosts AI Capabilities with MetaMind Buy