Microsoft announced this morning that it has acquired Maluuba, a Toronto startup focused on using deep learning for natural language processing. Deep learning is an approach to artificial intelligence currently in vogue that has driven incredible gains in the field over the last five years. As Microsoft wrote in the blog post announcing the purchase, “We’ve recently set new milestones for speech and image recognition using deep learning techniques, and with this acquisition we are, as Wayne Gretzky would say, skating to where the puck will be next — machine reading and writing.”

Source: Microsoft just bought an AI startup that can outperform Facebook and Google – The Verge