Microsoft creates venture fund for advanced technologies
In a recent move, Microsoft has decided in putting more money towards adopting latest technologies like cloud computing.
Posted: Jun 01,2016
A venture capital fund has recently been formed by Microsoft for investing in various advance technologies like artificial intelligence, cloud computing and so on.
Places like Tel Aviv, New York and Seattle are likely to acquire fresh staffers with the latest Microsoft Ventures. This new investment fund will be managed by the software giant’s vice president (business development) and corporate vice president.
This move is in line with the current funds operated by Google and a few other companies that allow them to get in touch with companies that can strengthen their specific ecosystems. For instance, Google has laid more stress on the reality ground (both segmented and virtual) by investing capital with certain companies like Magic Leap and Jaunt VR.