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Boeing HorizonX invests in SparkCognition

By Swati Deshpande,

Added 27 June 2017

Company focused on artificial intelligence

Boeing is joining a group of strategic investors led by Verizon Ventures as SparkCognition closes its initial $32 million funding round.

"Having industry stalwarts, Verizon and Boeing, support our existing investors in funding this new round of growth serves as tremendous validation of our technology and track record. There is massive demand for our category-leading AI solutions," said Amir Husain, founder and CEO of SparkCognition. "The world is well on its way to an AI-powered revolution — where cognitive systems will truly augment human capabilities, but at machine speed and big data scale. Our real world deployments and on-the-ground successes speak to the broad applicability of SparkCognition's AI technology, and the tremendous promise of AI in general."

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