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Vishal Sikka’s Vianai raises $140 million in funding from SoftBank – NEWPAPER24

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Vishal Sikka’s Vianai raises $140 million in funding from SoftBank

2021-06-16 17:48:12

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Vianai Methods, a synthetic intelligence startup based by former CEO Vishal Sikka, has raised $140 million in Sequence B funding from SoftBank Imaginative and prescient Fund 2 and business luminaries, the corporate stated in an announcement on Wednesday.
Vianai, which Sikka based after his
acrimonious exit from IT providers big Infosys in 2017, will utilise the capital to speed up the supply of its AI platform and merchandise to enterprise prospects.

“Now we have been working onerous to construct a greater AI platform, one which places human judgment on the middle of programs that carry huge AI capabilities to amplify human potential,” stated Sikka, who’s the founder and CEO at Vianai. “I’m grateful for the belief and the boldness that our prospects and our traders have put in us…”

The corporate says it’s constructing a human-centred AI platform, an method that it says amplifies human judgement, thereby empowering area consultants with AI instruments to ship enterprise worth. It added that it has already delivered profitable enterprise outcomes for quite a few ‘world-leading’ enterprises.
Vianai additionally introduced that Fei-Fei Li, Co-Director of the Stanford Institute for Human-Centered AI shall be becoming a member of its advisory board.

“With the AI revolution underway, we consider Vianai’s human-centered AI platform and merchandise present international enterprises with operational and buyer intelligence to make higher enterprise choices,” stated Deep Nishar, Senior Managing Associate at SoftBank Funding Advisers.

Aside from Softbank, Vianai stated its traders embrace Silver Lake co-founder Jim Davidson, KKR co-founders Henry Kravis and George Roberts and Yahoo co-founder Jerry Yang. The corporate had beforehand raised $50 million in its Sequence A spherical in 2019.

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