Machine learning business Maluuba raises .5m

Maluuba, a business focused on deep machine learning and AI, has almost quadrupled its total funding with $6m raised in a Series A round this week. Behind projects to replicate a Siri-like service on Android, Maluuba has previously secured funding from the likes of Samsung Ventures, with Montreal-based Emerillon Capital, San Francisco-based Nautilus Ventures, and other investors behind the latest backing. Using “deep reinforcement learning” to process its language-based service, Maluuba claims to be behind language software in 50 million smart devices globally. “At Maluuba, were focused on solving cutting-edge problems in artificial intelligence, specifically in natural language understanding, to give machines human-like intelligence,” said Sam Pasupalak, co-founder & CEO of Maluuba. “We’re integrating this technology into a portfolio of products to make interactions with smart devices easier and more…

Link to Full Article: Machine learning business Maluuba raises .5m

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