Sony Invests in Start-Up to Boost Artificial Intelligence

In a bid to develop its artificial intelligence ("AI") capabilities, Sony Corporation (SNE - Analyst Report) announced an investment in a U.S. technology start-up, Cogitai. The financial details of the deal were kept under wraps. The investment comes at a time when technology stalwarts such as Facebook, Inc. (FB - Analyst Report), Apple Inc. (AAPL - Analyst Report) and Google are spending aggressively on AI initiatives. California-based Cogitai was founded a year ago by three researchers, and works with technology that enables machines to learn constantly and autonomously from interaction with the real world. The companies believe that the next step in AI field is the development of autonomous cognitive development systems that can continually learn from experience and react appropriately in a wide range of task domains.