Microsoft acquires deep learning startup Lobe for undisclosed sum

Microsoft has acquired San Francisco, Calif.-based deep learning startup Lobe for an undisclosed sum.

Lobe is working to make deep learning simple, understandable and accessible to everyone, says Microsoft. The company’s visual interface lets people create apps that can understand hand gestures, hear music, or read handwriting, Microsoft said in a statement.

Lobe was founded in 2015 by Mike Matas, Adam Menges, and Markus Beissinger. “We plan to continue developing Lobe as a standalone service, supporting open source standards and multiple platforms,” the founders posted on their website.

Here is a blog post talking about the acquisition by Kevin Scott, executive vice president and CTO, Microsoft:

[Image courtesy: Lobe]

Also see:

OpenAI is pursuing a new way to fight A.I. ‘hallucinations’ — CNBC

OpenAI is taking up the mantle against AI “hallucinations,” writes Hayden Field. 

Cisco to acquire Armorblox

Cisco has announced plans to acquire Armorblox, a cybersecurity firm specializing in the use of Large Language Models (LLMs) and natural language understanding. 

Microsoft, Fujitsu forge strategic partnership; outline Uvance investment

Fujitsu and Microsoft have inked a five-year strategic alliance to accelerate their existing partnership. Both companies are investing in the growth of Fujitsu's multibillion-dollar Uvance business, as part of the collaboration.