Microsoft Doubles Down on AI with Investment in Builder.ai

Microsoft recently made an undisclosed investment in Builder.ai. Builder.ai helps companies create apps without coding knowledge, emphasizing artificial intelligence. Its platform enables anyone with no programming skills, such as designers and artists wishing to sell their work online, to create and maintain applications. Microsoft intends to incorporate Natasha, Builder.ai’s AI assistant, into its chat software and Teams video.

This will enable clients to build commercial apps on the platform. To make Natasha’s conversation more human-like, Builder.ai also plans to enhance Natasha’s skills by using Microsoft’s AI algorithms.

🚨*NEWS FLASH*🚨 #BuilderAI has partnered with @Microsoft 🎉

Not only will they help us in making AI powered solutions to support businesses, but they've also made a financial investment into https://t.co/DxcO7BOHoQ to show their commitment ❤️

Onwards and upwards! 🚀 pic.twitter.com/A3ER5Y1oxh

— Builder.ai (@Builderai) May 10, 2023

Builder.ai Statement

Builder.ai said the partnership would provide its customers access to Microsoft’s Azure collection of cloud tools. These include making available several AI capabilities via cooperation with the American firm OpenAI. The business also said that Microsoft Azure developers would have access to its professional network.

The CEO of Builder.ai, Sachin Duggal, indicated in an interview with CNBC that they think the future of software would be one in which the user does not need technical skills. Builder.ai and Microsoft did not provide any financial information about the contract. Microsoft has allegedly invested $13 billion in OpenAI. It has integrated the company’s AI language processing software into its Bing search engine and Office productivity programs.

The agreement represents another move by Microsoft to expand its AI efforts. This has become a significant focus for the company as it seeks to compete more aggressively with Google.

Microsoft already offers a set of no-code application development tools. With the addition of Builder.ai, it aims to further strengthen its capabilities. Duggal claims that Builder.ai’s support from the second-most valuable technology business in the world is an important component of the purchase.

Crunchbase data shows that $195 million has already been invested in Builder.ai. The business is one of several businesses that has captivated investors’ curiosity in AI technology.

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