Microsoft invests in Builder.ai for scaling up AI efforts
The collaboration brings AI-powered solutions that will help business become digitally savvy
Microsoft has funded an undisclosed sum in Builder.ai, marking the company’s scaling up its efforts in Artificial Intelligence and competing with Google.
Emphasising how Microsoft was committed to helping startups, Sachin Dev Duggal, chief wizard and founder of Builder.ai said, “From my first meeting with Microsoft to the moment we agreed to collaborate more strategically, one thing has been clear-Microsoft’s commitment to helping everyone unlock their true potential.”
“We are ecstatic that the world’s largest software company chose Builder.ai as a collaborator to lay down deeper roots in helping the next 100 million businesses and beyond become digitally native,” said Duggal.
The company was established in 2016 and provides an AI-powered software platform that permits anyone to build an app (web or mobile), quickly and cheaply. It breaks software down into its reusable Lego-like features, coupled with customisation from its network of designers and developers.
Builder.ai accelerate the go-to-market growth of the Builder.ai platform through deep product connections across the Microsoft product ecosystem. Moreover, it includes integrations across Azure OpenAI Service and other Azure Cognitive Services with Builder.ai’s software assembly line and adoption of the Microsoft Cloud and AI. Native integration of Builder.ai’s Natasha, an AI product manager, within the Microsoft Teams store will enable Microsoft customers to build a prototype of their business applications seamlessly.
“We see Builder.ai creating an entirely new category that empowers everyone to be a developer,” said Jon Tinter, corporate vice president, of business development, at Microsoft. “Our new, deeper collaboration fuelled by Azure AI will bring the combined power of both companies to businesses around the world,” he added.