Samsung Announces $215 Million Acquisition of AI's Viv Labs

[Global Science and Technology Report] According to the mobile evaluation website reported on March 1, as early as October 2016, Samsung has acquired the artificial intelligence company Viv Labs. At the time, the acquisition was not made public. Now Samsung has announced that both parties have signed a purchase contract valued at USD 215 million.

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American technology blog VentureBeat pointed out that the company was acquired by Samsung before the acquisition of 30 million US dollars of funds, but since Samsung took over Viv Labs began, the company has lost 3.08 million US dollars. At present, it is not clear how Samsung plans to use the voice input technology of Viv Labs.

Previously there were reports that the South Korean company plans to deploy Viv Labs' technology on its flagship smartphone, the Galaxy S8, next year. However, there are reports that the phone will use the virtual assistant Bixby developed internally by Samsung. After an analysis and speculation that Samsung's acquisition may be just to obtain the technology developed by Viv Labs, to enhance their artificial intelligence technology. (Internship Compilation: Wang Xi reviewer: Li Zongze)

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