Vishal Sikka's Vianai raises $140 million in funding from SoftBank

Vianai Systems, an artificial intelligence startup founded by former CEO Vishal Sikka, has raised $140 million in Series B funding from SoftBank Vision Fund 2 and industry luminaries, the company said in a statement on Wednesday.

Vianai, which Sikka founded after his
acrimonious exit from IT services giant Infosys in 2017, will utilise the capital to accelerate the delivery of its AI platform and products to enterprise customers.

“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,” said Sikka, who is the founder and CEO at Vianai. “I am grateful for the trust and the confidence that our customers and our investors have put in us…”

The company says it is building a human-centred AI platform, an approach that it says amplifies human judgement, thereby empowering domain experts with AI tools to deliver business value. It added that it has already delivered successful business outcomes for numerous ‘world-leading’ enterprises.

Vianai also announced that Fei-Fei Li, Co-Director of the Stanford Institute for Human-Centered AI will be joining its advisory board.

“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,” said Deep Nishar, Senior Managing Partner at SoftBank Investment Advisers.

Apart from Softbank, Vianai said its investors include Silver Lake co-founder Jim Davidson, KKR co-founders Henry Kravis and George Roberts and Yahoo co-founder Jerry Yang. The company had previously raised $50 million in its Series A round in 2019.

See also  UPDATE 3-Huawei's U.S. research arm slashes jobs as trade ban bites



Please enter your comment!
Please enter your name here