Microsoft acquires Wand Labs to help with its AI chat bot efforts
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Microsoft has acquired Wand Labs, which has been developing iOS messaging apps since it was founded in 2013. Microsoft says the technology developed by Wand Labs will be used in the company's effort to help create AI messaging bots.
Microsoft went public in its efforts to build artificial intelligence bots at Build 2016 earlier this year. In a blog post on the Wand Labs acquisition, the company said:
The specific financial terms of the Wand Labs purchase was not disclosed.
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