trending Market Intelligence /marketintelligence/en/news-insights/trending/0id_addnbz9vodavplwa-q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Samsung to buy AI firm Viv Labs

IoT and AI Aid Critical Event Management to Battle COVID-19, but Deployment could Raise Privacy Concerns

Video

The Global Impact of COVID-19

COVID-19: The 451 Research Take

Australia And New Zealand Telcos Launch Special Packs Amidst COVID-19 Outbreak


Samsung to buy AI firm Viv Labs

Samsung Electronics Co. Ltd. will acquire U.S. artificial intelligence startup Viv Labs Inc. for an undisclosed sum, according to an Oct. 6 news release.

Viv Labs' Viv platform enables developers to build voice recognition-based assistants and interfaces for apps and services. Samsung expects the acquisition to bolster its efforts to develop an AI-based open ecosystem across its product lineup.

Viv Labs will remain an independent company under Samsung after deal completion, which is subject to customary closing conditions. However, Viv founders Dag Kittlaus, Adam Cheyer and Chris Brigham will work with Samsung's mobile communications division. Kittlaus and Cheyer were part of the team that created Apple Inc.'s voice recognition software Siri.

The Viv deal is the latest in Samsung's string of tech firm acquisitions in the U.S. The South Korean company earlier purchased mobile wallet services provider LoopPay and cloud services firm Joyent Inc.