Infosys backs Danish artificial intelligence firm UNSILO

Infosys has invested about $2 million in UNSILO, a Danish artificial intelligence startup focused on advanced text analysis. India's second largest software services firm said it has made the investment from its Innovation Fund. UNSILO is Infosys Innovation Fund's first investment in Europe, according to a stock exchange filing. "UNSILO have built an impressive semantic search engine with best-in-class text intelligence, which powers a range of advanced business processes. We will partner with UNSILO to bring their artificial intelligence and machine learning technology to our global clients. They join and expanding portfolio of innovative young companies from around the world that Infosys works with to help enterprises drive their digital transformation," said Ritika Suri, executive vice president & global head of corporate development & ventures, Infosys.