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Samsung to acquire Artificial Intelligence platform Viv Labs

The Viv acquisition will allow Samsung to offer customers new service experiences, including one that simplifies user interfaces, understands the context of the user and offers the user the most appropriate and convenient suggestions and recommendations.

October 06, 2016 / 10:32 IST
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Moneycontrol Bureau

With the rise of Artificial Intelligence (AI), consumers now desire an interaction with technology that is conversational, personalised and contextual to everyday lives. Betting on this desire is Samsung which on Thursday announced that it will acquire Viv Labs — an open AI platform that lets third-party developers use and build conversational assistants and integrate a natural language-based interface into applications and services.

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The acquisition, however, is subject to customary closing conditions, Samsung said in a statement without disclosing the deal value.

The Viv acquisition will allow Samsung to offer customers new service experiences, including one that simplifies user interfaces, understands the context of the user and offers the user the most appropriate and convenient suggestions and recommendations.