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{"id":31937,"date":"2023-05-11T22:23:33","date_gmt":"2023-05-11T22:23:33","guid":{"rendered":"https:\/\/scienceandnerds.com\/2023\/05\/11\/microsoft-makes-strategic-investment-into-builder-ai-integrates-its-services-into-teams\/"},"modified":"2023-05-11T22:23:34","modified_gmt":"2023-05-11T22:23:34","slug":"microsoft-makes-strategic-investment-into-builder-ai-integrates-its-services-into-teams","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2023\/05\/11\/microsoft-makes-strategic-investment-into-builder-ai-integrates-its-services-into-teams\/","title":{"rendered":"Microsoft makes strategic investment into Builder.ai, integrates its services into Teams"},"content":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/05\/11\/microsoft-makes-strategic-investment-into-builder-ai-integrates-its-services-into-teams\/<\/a><\/br>
\nMicrosoft makes strategic investment into Builder.ai, integrates its services into Teams<\/br>
\n2023-05-11 22:23:33<\/br><\/p>\n

\n

Builder.ai<\/a> tapped into a new wave of businesses wanting their own native apps with a turnkey approach, accelerated by the rapid digitization of life during the pandemic. That led to led to a $100 million Series C<\/a> funding round last year led by Insight Partners, taking the company\u2019s total funding to $195 million.<\/p>\n

It\u2019s now landed a strategic collaboration with Microsoft, which includes an undisclosed equity investment in the startup. TechCrunch\u2019s source\u2019s indicate the investment was \u201csignificant,\u201d though we couldn\u2019t get anything more than that.<\/p>\n

The collaboration will mean the two companies collaborating on AI solutions. Builder\u2019s \u201cNatasha\u201d AI will be available to users of Teams, and made available when they are looking to build apps and software. Microsoft\u2019s Q2 results showed Teams has hit more than 280 million monthly active users.<\/p>\n

Builder.ai\u2019s CEO Sachin Dev Duggal said in a statement: \u201cFrom my first meeting with Microsoft to the moment we agreed to collaborate more strategically, one thing has been really clear-Microsoft\u2019s commitment to helping everyone unlock their true potential.\u201d<\/p>\n

There will also be integrations across Azure OpenAI Service and other Azure Cognitive Services with Builder.ai\u2019s software assembly line and adoption of the Microsoft Cloud and AI, alongside partnerships across the Microsoft Developer Platforms.<\/p>\n

\u201cWe see Builder.ai creating an entirely new category that empowers everyone to be a developer and our new, deeper collaboration fuelled by Azure AI will bring the combined power of both companies to businesses around the world,\u201d added Jon Tinter, corporate vice president, Business Development, Microsoft.<\/p>\n<\/p><\/div>\n

<\/br><\/br><\/br><\/p>\n

Science, Tech, Technology<\/br>
\n<\/br>
\nSource:
https:\/\/techcrunch.com\/2023\/05\/11\/microsoft-makes-strategic-investment-into-builder-ai-integrates-its-services-into-teams\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/05\/11\/microsoft-makes-strategic-investment-into-builder-ai-integrates-its-services-into-teams\/ Microsoft makes strategic investment into Builder.ai, integrates its services into Teams 2023-05-11 22:23:33 Builder.ai tapped into a new wave of businesses wanting their own native apps with a turnkey approach, accelerated by the rapid digitization of life during the pandemic. That led to led to a $100 million Series C funding round last year […]<\/p>\n","protected":false},"author":1,"featured_media":31938,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,17,8],"tags":[],"class_list":["post-31937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science","category-tech","category-technology"],"yoast_head":"\nMicrosoft makes strategic investment into Builder.ai, integrates its services into Teams - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2023\/05\/11\/microsoft-makes-strategic-investment-into-builder-ai-integrates-its-services-into-teams\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Microsoft makes strategic investment into Builder.ai, integrates its services into Teams - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source:https:\/\/techcrunch.com\/2023\/05\/11\/microsoft-makes-strategic-investment-into-builder-ai-integrates-its-services-into-teams\/ Microsoft makes strategic investment into Builder.ai, integrates its services into Teams 2023-05-11 22:23:33 Builder.ai tapped into a new wave of businesses wanting their own native apps with a turnkey approach, accelerated by the rapid digitization of life during the pandemic. 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