Microsoft buying Genee virtual assistant start-up

Microsoft buying Genee virtual assistant start-up

In an announcment on Monday, Microsoft confirmed that it is buying Genee a virtual-assistant start-up. Genee is an expert in software that uses artificial intelligence to schedule appointments. Though the deal amount is not confirmed yet.

The news came after the announcement of the acquisition of Linkedin and a master move by Satya Nadela. He wants to make his company’s cloud-based Office 365 platform universal in the business environment.

“Genee uses natural language processing and optimized decision-making algorithms. So that interacting with a virtual assistant is just like interacting with a human one”. Wrote Rajesh Jha, Microsoft’s corporate vice president in charge of Outlook and Office 365.

Ben Cheung and Charles Lee started the company in 2014 in Mountain View, Calif. According to Crunchbase, they have raised $1.4 million from investors. Cheung and Lee will join Microsoft and report to Jha. They added in their post that Genee’s private and public beta will shut down Sept. 1 as the company moves under Microsoft’s umbrella.

“We consider Microsoft to be the leader in personal and enterprise productivity, AI, and virtual assistant technologies. So we look forward to bringing our passion and expertise to a team that is committed to delivering cutting-edge language and intelligence services.”

Genee allows clients to schedule meetings via email. As we know, AI market is on the boom at the moment, and IT giants like Apple, Google are putting their efforts to create bots, which can take over tasks through their understanding of written and spoken language.