Infy invests Rs in Danish Rs AI startup Unsilo

Bengaluru: Infosys has made a Rs 14.5-crore investment in Unsilo, a Danish artificial intelligence startup focused on advanced text analysis. This is the Bengaluru-based IT services company’s 11th investment from its $500-million Innovation Fund. Unsilo, founded in 2012, uses a combination of machine-learning and natural language processing to analyse large quantities of text and improve speed and effectiveness, Infosys said. “The partnership with Unsilo will bring their artificial intelligence and machine learning technology to our global clients. They join an expanding portfolio of innovative young companies from around the world that Infosys works with to help enterprises drive their digital transformation,” said Ritika Suri, global head of corporate development & ventures at Infosys. Infosys set up the Innovation Fund early last year to invest in and acquire innovative startups. Earlier…

Link to Full Article: Infy invests Rs in Danish Rs AI startup Unsilo

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