Wednesday, June 19, 2024
HomeNewsVianai Raised $140 Million In Funding From SoftBank

Vianai Raised $140 Million In Funding From SoftBank

An artificial intelligence-based start-up, Vianani System has raised $140 million in their second funding from SoftBank Vision and trade luminaries. The company announced this development on Wednesday 16 June. 

Vikas Sikka founded Vianani after parting ways with the IT giant Infosys in 2017. The company said that it would utilize the funds to ramp up the development speed of its AI platform and related products to offer quick supply the enterprise clients. 

Vikas Sikka, in an interview, said, “We have been working hard to build a better AI platform, one that puts human judgment at the center of systems that bring vast AI capabilities to amplify human potential.” He added that he is immensely grateful for the trust that the customers and investors have put in them. 

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Vianai mentioned that they are developing a Human-centric AI platform that would amplify human judgment skills, which would empower area specialists with AI instruments to ship enterprise worth. The company in the past has proven itself by delivering profitable outcomes to many industry-leading companies, in addition. 

The company announced that Fei Fei Lee, Co-Director of the Stanford Institute for Human-Centered AI, will be one of the members of the advisory board. Deep Nishar, a Senior Managing Partner at SoftBank Investment Advisers, said, “With the AI revolution underway, we believe Vianai’s human-centered AI platform and products provide global enterprises with operational and customer intelligence to make better business decisions.” 

Viani also mentioned that along with SoftBank, its buyers include Yahoo co-founder Jerry Yang, KKr co-founds George Roberts and Henry Kravis, and Silver Lake co-founder Jim Davidson. Earlier in 2019, the company raised US$50 million in its first round of funding.

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Dipayan Mitra
Dipayan Mitra
Dipayan is a news savvy writer, who does not leave a single page of news paper unturned. He is also a professional vocalist who enjoys ghazals. Building a dog shelter is his forever dream.


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