Microsoft Ventures invests in Montreal-based, artificial intelligence-focused startup Element AI

Microsoft Corp.’s venture arm started an artificial intelligence-focused fund, kicking it off with an investment in a startup by a luminary in the field. Element AI, a Montreal-based research lab started by Yoshua Bengio and others, will get an undisclosed amount from Microsoft Ventures, Redmond, Washington-based Microsoft said in a statement Monday. The size of the fund, which will back AI companies, wasn’t disclosed. “The kinds of companies in this fund will help people and machines work together to increase access to education, teach new skills and create jobs, enhance the capabilities of existing workforces and improve the treatment of diseases, to name just a few examples,” Nagraj Kashyap, who heads Microsoft Ventures, wrote in a blog post. Element AI helps develop and release technologies in partnerships with large companies and research…


Link to Full Article: Microsoft Ventures invests in Montreal-based, artificial intelligence-focused startup Element AI

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