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Samsung acquires Egyptian AI start-up Kngine

Monday 12 March 2018 | 10:18 CET | News
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Samsung has announced the acquisition of Egyptian artificial intelligence (AI) start-up Kngine to improve its virtual assistant Bixby, the Independent reported. The acquisition was made by the Samsung affiliate Samsung Next, which acquired 100 percent of Kngine. The Egyptian start-up had struggled to raise investments after securing its first round, and had to move to the US to raise more money.

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Categories: IT
Companies: Samsung
Countries: Egypt
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