Samsung to acquire Viv, the next gen AI platform Techcircle.in - India startups, internet, mobile, e-commerce, software, online businesses, technology, venture capital, angel, seed funding

Samsung Electronics Co. Ltd. on Thursday said it agreed to acquire Viv Labs Inc., the company behind open artificial intelligence platform Viv. The financial details of the transactions were not disclosed by the company. With Viv, Samsung will be able to unlock and offer new service experiences for its customers, including one that simplifies user interfaces, understands the context of the user and offers the user the most appropriate and convenient suggestions and recommendations, the company said in a statement. As part of the acquisition, the founding team will work closely with Samsung's Mobile Communications business, but continue to operate independently under its existing leadership, the statement added. Viv was founded by Dag Kittlaus, Adam Cheyer and Chris Brigham, the original creators of Siri, in 2012.