Microsoft Ventures launches global AI startup competition with top VC firms

Credit: Geekwire, Taylor Soper

In the latest sign of Microsoft’s continued investment in artificial intelligence, Microsoft Ventures announced today that it is teaming up with three venture capital firms from Seattle, London, and Israel to host a global competition for startups building AI-related technology.

Called Innovate.AI, the new competition invites companies to compete for $1 million in venture funding and $500,000 in Microsoft Azure credits that will go to each regional winner from North America, Europe, and Israel. A fourth “AI for Good” prize that includes $500,000 in funding and $500,000 in Azure credits will go to another startup.

 

https://www.geekwire.com/2017/microsoft-ventures-launches-global-ai-startup-competition-top-vc-firms/

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