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SoftBank Imaginative and prescient Fund 2 leads $140M funding in Vishal Sikka’s Vianai

Vianai Programs, an AI startup based by Vishal Sikka, former chief government of Indian IT providers large Infosys, stated on Wednesday it has raised $140 million in a spherical led by SoftBank Imaginative and prescient Fund 2.

The 2-year-old startup stated numerous trade luminaries additionally participated within the new spherical, which brings its complete to-date elevate to at the least $190 million. The startup raised $50 million in its seed financing spherical, however there’s no phrase on the scale of its Collection A spherical.

Particulars about what precisely the Palo Alto-headquartered startup does is unclear. In a press assertion, Dr. Vishal Sikka stated the startup is constructing a “higher AI platform, one which places human judgment on the middle of methods that convey huge AI capabilities to amplify human potential.” Sikka, 54, resigned from the highest position at Infosys in 2017 after months of acrimony between the board and a cohort of founders.

Vianai helps its prospects amplify the transformation potential inside their organizations utilizing quite a lot of superior AI and ML instruments with a definite strategy in the way it thoughtfully brings collectively people with expertise. This human-centered strategy differentiates Vianai from different platform and product firms and allows its prospects to satisfy AI’s true promise,” the startup stated.

AI startup funding is on tempo for a report yr

The startup claims it has already amassed as its prospects most of the world’s largest and most revered companies, together with insurance coverage large Munich Re.

Its buyers embody Jim Davidson (co-founder of Silver Lake), Henry Kravis and George Roberts (co-founders of KKR), and Jerry Yang (founding accomplice of AME and co-founder of Yahoo). Dr. Fei-Fei Li (co-director of the Stanford Institute for Human-Centered AI) has joined Vianai Programs’ advisory board.

“With the AI revolution underway, we consider Vianai’s human-centered AI platform and merchandise present world enterprises with operational and buyer intelligence to make higher enterprise selections,” stated Deep Nishar, senior managing accomplice at SoftBank Funding Advisers, in an announcement. “We’re happy to accomplice with Dr. Sikka and the Vianai workforce to assist their ambition to satisfy AI’s promise to drive basic digital transformations.”