Salesforce Acquires Deep Learning Startup MetaMind

Salesforce has recently announced that it has acquired startup MetaMind, one of the long strings of Salesforce Al acquisitions.

Salesforce has recently announced that it has acquired startup MetaMind, one of the long strings of Salesforce Al acquisitions.
 
As part of the acquisition, MetaMind will shut down on May 4 for unpaid users and June 4 for paid users.
 
 
 
Announcement as per the official blog
 
“Today, I'm thrilled to share the news that Salesforce has acquired MetaMind. We couldn't be more excited to join Salesforce,"
 
"Over the past year and a half, we've been on a mission to empower business users with state of the art deep learning technology to simplify, improve and automate decision making. And now, we'll be able to continue our journey at Salesforce on a much larger scale, with the resources and ecosystem of one of the world's most innovative and influential enterprise software companies,"
 
"With MetaMind and Salesforce coming together, we'll be able to offer customers real AI solutions with breakthrough capabilities that further automate and personalize customer support, marketing automation, and many other business processes. We'll extend Salesforce's data science capabilities by embedding deep learning within the Salesforce platform,"
 
"Salesforce plans to integrate MetaMind's technology into Salesforce services. For unpaid web users, MetaMind's products will be discontinued on May 4. For our monthly recurring users, MetaMind's products will be discontinued on June 4. We'll delete any data we have stored for unpaid web users and monthly recurring users promptly after close,"
 
We plan to continue our AI research, so you'll continue to see us publish groundbreaking discoveries that advance our deep learning platform's accuracy and capabilities.”
 
Launched in 2014, MetaMind made its name by developing a method known as the “recursive neutral network” – a cross between natural language processing and deep learning. Salesforce CEO Mare Benioff has had a hand in the business for sometime now, participating in the company’s seed round.
The terms of the deal have yet not been disclosed.