Startup raises millions to get computers to understand dialogue

WATERLOO — The startup Maluuba announced Wednesday it raised $9 million in investment for its research into artificial intelligence in automobiles and the Internet of Things. Emerillon Capital, Nautilus Venture and undisclosed strategic investors provided the funds, which brings Maluuba’s total raise to $12 million since it was founded in late 2011. “We are really excited, we have a lot of things planned for the next year,” Mohamed Musbah, the vice-president of product development, said. Maluuba is developing software in an area called “natural-language recognition” — or getting computers to understand written text and spoken words. “The cool thing is it is one of the foundational things of artificial intelligence,” Musbah said in an interview. Maluuba’s objective — computers that can communicate with humans. This is known as conversational or…

Link to Full Article: Startup raises millions to get computers to understand dialogue

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