Microsoft Acquires AI Dev Startup Lobe

lobe teamMicrosoft (MSFT) acquired Lobe, a San Francisco, CA-based startup working to make deep learning simple, understandable and accessible to everyone.

The amount of the deal was not disclosed.

Co-founded by Adam Menges, Markus Beissinger, and Mike Matas, Lobe provides a visual interface that lets people create intelligent apps that can understand hand gestures, hear music, read handwriting, and more. Its dashboard allows anyone to develop and apply deep learning and AI models quickly, without writing code.

For Microsoft, this deal follows the recent acquisitions of Semantic Machines (in May 2018), a conversational AI company, and Bonsai (in July 2018), a company working on reducing the obstacles to AI development by combining machine teaching, reinforcement learning and simulation.

Following this latest acquisition, Microsoft will continue the work by Lobe in putting AI development into the hands of non-engineers and non-experts.

FinSMEs

18/09/2018

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