Salesforce Acquires Deep Learning Startup MetaMind

Salesforce has joined hands with the artificial intelligence startup, MetaMind. In a wise move, Salesforce has managed to integrate deep learning with its data science capabilities, beating other leading companies in their pursuit of machine learning and artificial intelligence. Salesforce acquires Palo-Alto-based deep learning company, MetaMind, the companies announced on April 4. Launched in July 2014, MetaMind specializes in artificial intelligence (AI) techniques of data crunching to help businesses arrive at better decisions. While the terms of the deal still remain undisclosed, the AI startup will shut down services on May 4 for their unpaid users, and on June 4 for the monthly recurring users. "[R]eal AI solutions with breakthrough capabilities that further automate and personalize customer support, marketing automation, and many other business processes," says MetaMind CEO Richard Socher, who added that he is "thrilled" with the integration.