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Microsoft continues its AI offensive by acquiring XOXCO

Microsoft acquires XOXCO (Source: The Official Microsoft Blog)
XOXCO logo (Source: The Official Microsoft Blog)
After this year's earlier AI-related acquisitions that involved Semantic Machines (May), Bonsai (July), and Lobe (September), Microsoft is up for another round. Its latest purchase is XOXCO, a software product design and development studio that has been developing conversational AI and bots so far.
Codrut Nistor,
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In the long run, conversational AI will probably leave a lot of humans without a job. For now, this field is still expanding. According to Gartner, "conversational artificial intelligence will be a supported user experience for more than 50 percent of large, consumer-centric enterprises" by 2020. Microsoft continues its expansion in the AI field with the recent agreement to acquire XOXCO.

XOXCO is a software studio known for its conversational AI and bot projects. This company was involved in the creation of Howdy — the first commercially available bot for Slack, as well as Botkit. Unsurprisingly, Microsoft and XOXCO have been working together on various projects for a few years already. 

The goal of this acquisition is — according to Microsoft — to help the current effort on "democratizing AI development, conversation and dialog, and integrating conversational experiences where people communicate." 

This year has been very busy for Microsoft, since the Redmond-based giant acquired Semantic Machines in May, Bonsai in July, and Lobe in September. All these companies were involved in various AI projects before joining Microsoft. As usual, the financial terms of this new deal have not been disclosed.

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Codrut Nistor
Codrut Nistor - Senior Tech Writer - 5436 articles published on Notebookcheck since 2013
In my early school days, I hated writing and having to make up stories. A decade later, I started to enjoy it. Since then, I published a few offline articles and then I moved to the online space, where I contributed to major websites that are still present online as of 2021 such as Softpedia, Brothersoft, Download3000, but I also wrote for multiple blogs that have disappeared over the years. I've been riding with the Notebookcheck crew since 2013 and I am not planning to leave it anytime soon. In love with good mechanical keyboards, vinyl and tape sound, but also smartphones, streaming services, and digital art.
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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2018 11 > Microsoft continues its AI offensive by acquiring XOXCO
Codrut Nistor, 2018-11-15 (Update: 2018-11-15)