Infosys has invested 14.49 crore (DKK 14,920,000) in UNSILO, a Danish artificial intelligence startup focused on advanced text analysis. The announcement of the investment, which is being funded through Infosys' Innovation Fund, comes a week after the company invested an undisclosed amount in the US-based TidalScale. Infosys had set up the Innovation Fund in 2013. It beefed up the fund five-fold to USD 500 million in 2015 to provide financing to startups and new technologies like artificial intelligence.

UNSILO uses a unique combination of machine learning and natural language processing to analyze large quantities of text and improve the speed and effectiveness of knowledge workers across many industries.

'As a cloud-native company, Sanovi will strengthen our resiliency portfolio to manage the broad range of applications, data, and IT systems of our clients, balancing digital and hybrid cloud transformation with increased regulatory compliance.'

Martin Jetter

Senior Vice President-Global Technology Services, IBM


 

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