MITB Banner

Microsoft Acquires San Francisco-Based Startup Lobe To Boost AI Development

Share

Satya Nadella led Microsoft has been clear about its AI ambitions from the start and this is yet another proof of the tech giant’s commitment to strengthening its AI capabilities. In yet another high profile acquisition, the Redmond giant snapped up San Francisco-based AI startup Lobe, that is lowering the entry to DL by enabling developers build models without any code. Lobe, currently available in Beta is an easy-to-use visual tool that allows developers to build custom deep learning models, quickly train them, and export it to app without writing any code. Start by dragging in a folder of training examples from your desktop. Lobe automatically builds you a custom deep learning model and begins training.

According to news reports, no financial details have been revealed yet. Microsoft blog announcement indicated that Lobe acquisition will bring more AI development capability. This year, Microsoft acquired Semantic Machines in May brought in a revolutionary new approach to conversational AI,  and the acquisition of Bonsai in July will help reduce the barriers to AI development through the Bonsai team’s unique work combining machine teaching, reinforcement learning and simulation. “These are just two recent examples of investments we have made to help us accelerate the current state of AI development,” Kevin Scott – Executive Vice President and Chief Technology Officer, Microsoft noted shared in the post.

Lobe ties in very well with Microsoft’s recent acquisitions which were done to boost AI development and also lower the entry barrier. Scott added how we are only at the beginning of the DL revolution since AI development and building deep learning models are slow and complex processes even for experienced data scientists and developers. “To date, many people have been at a disadvantage when it comes to accessing AI, and we’re committed to changing that,” he shared in the post.

Founded in founded in 2015 by Mike Matas, Adam Menges, and Markus Beissinger in order to make deep learning accessible to everyone, Lobe will continue to work as a standalone service, supporting open source standards and multiple platforms. Microsoft acquisition will allow the startup to access world-class AI research, global infrastructure, and decades of experience building developer tools, Lobe website indicated.

 

Share
Picture of Richa Bhatia

Richa Bhatia

Richa Bhatia is a seasoned journalist with six-years experience in reportage and news coverage and has had stints at Times of India and The Indian Express. She is an avid reader, mum to a feisty two-year-old and loves writing about the next-gen technology that is shaping our world.
Related Posts

CORPORATE TRAINING PROGRAMS ON GENERATIVE AI

Generative AI Skilling for Enterprises

Our customized corporate training program on Generative AI provides a unique opportunity to empower, retain, and advance your talent.

Upcoming Large format Conference

May 30 and 31, 2024 | 📍 Bangalore, India

Download the easiest way to
stay informed

Subscribe to The Belamy: Our Weekly Newsletter

Biggest AI stories, delivered to your inbox every week.

AI Courses & Careers

Become a Certified Generative AI Engineer

AI Forum for India

Our Discord Community for AI Ecosystem, In collaboration with NVIDIA. 

Flagship Events

Rising 2024 | DE&I in Tech Summit

April 4 and 5, 2024 | 📍 Hilton Convention Center, Manyata Tech Park, Bangalore

MachineCon GCC Summit 2024

June 28 2024 | 📍Bangalore, India

MachineCon USA 2024

26 July 2024 | 583 Park Avenue, New York

Cypher India 2024

September 25-27, 2024 | 📍Bangalore, India

Cypher USA 2024

Nov 21-22 2024 | 📍Santa Clara Convention Center, California, USA

Data Engineering Summit 2024

May 30 and 31, 2024 | 📍 Bangalore, India

Subscribe to Our Newsletter

The Belamy, our weekly Newsletter is a rage. Just enter your email below.