Microsoft Corporation (NASDAQ:MSFT) Ventures Focusing Investments on Artificial Intelligence

Microsoft Corporation (NASDAQ:MSFT) sets up a fund specifically for artificial intelligence companies that are setting out to solve societal problems. Microsoft Ventures, the Redmond, Wash. software maker’s venture capital arm, announced a strategic investment in Element AI, a Montreal-based artificial intelligence (AI) research lab and incubator whose aim is to help build commercial-grade AI systems. Financial terms were not disclosed. On last trading day, Microsoft Corporation (NASDAQ:MSFT) traded 20.17 Million shares and was closed at $62.17 per share. Company stock is 0.29% away from its one year high and is moving 32.55% ahead of its one year low. Stock monthly performance is recorded as 6.63% while its performance in last one week is 3.24%. MSFT quarterly performance is 10.72% while firm’s price to sale ratio is 5.57 and price to…


Link to Full Article: Microsoft Corporation (NASDAQ:MSFT) Ventures Focusing Investments on Artificial Intelligence

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