City
Epaper

Vishal Sikka's AI platform Vianai Systems raises $140M

By IANS | Updated: June 17, 2021 18:15 IST

Bengaluru, June 17 Human-Centered AI platform and products company Vianai Systems, founded by former Infosys CEO Vishal Sikka, ...

Open in App

Bengaluru, June 17 Human-Centered AI platform and products company Vianai Systems, founded by former Infosys CEO Vishal Sikka, on Thursday announced it has raised $140 million in a Series B round from SoftBank Vision Fund 2 and other industry players.

Vianai said it will use new funds to accelerate the delivery of its human-centered AI platform and products to enterprises worldwide.

"In the time to come, AI can play a transformative role in Indian business and Indian society. My dream is to see India's youth as a massive creative force that can use tools, like Vianai's platform, to build human-centered AI systems for India and for the world." said Sikka, Founder and CEO of Vianai.

Formed in 2019, Vianai Systems began with $50 million in seed investment.

"I am pleased to join Vianai as an advisor. I believe that AI is made by humans, intended to behave by humans, and, ultimately, to impact human lives and human society. Its success depends on how humans and AI work together," said Dr Fei-Fei Li, Co-Director of the Stanford Institute for Human-Centered AI.

Other Vianai investors include Jim Davidson (co-Founder of Silver Lake), Henry Kravis and George Roberts (co-founders of KKR), and Jerry Yang (founding partner of AME and co-founder of Yahoo! Inc.).

"We are pleased to partner with Dr Sikka and the Vianai team to support their ambition to fulfill AI's promise to drive fundamental digital transformations," said Deep Nishar, Senior Managing Partner at SoftBank Investment Advisers.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Vianai Systems, Inc.Jim davidsonInfosysVishal SikkaInfosys ltd.
Open in App

Related Stories

BusinessInfosys Shares Jump 4% on Strategic AI Partnership with Anthropic Amid Sector Weakness

BusinessWhat Is Anthropic’s AI Tool That Shook Global IT Stocks, Wiping Out ₹1.75 Lakh Crore Market Value ?

TechnologyInfosys to Hire 20,000 Fresh Graduates in FY27 as AI Drives New Growth, Says CEO Salil Parekh

BusinessInfosys Shares Gain by 5% After Positive Q3 Results and Strong AI-led Deal Momentum

BusinessInfosys Shares Rise 1% After Partnering With Amazon Web Services on Generative AI

International Realted Stories

InternationalIran calls US rescue op for F-15 crew member "complete failure", claims downing two US C-130 aircraft, Black Hawk choppers

InternationalGunfire reported near White House; no injuries

InternationalPermanent ban on Awami League under anti-terror ordinance detrimental to Bangladesh's democracy: Report

InternationalWhite House denies Trump hospital rumours

InternationalNepal introduces two-day weekend holidays in wake of fuel crisis