Entering text into the input field will update the search result below

Microsoft starts VC fund to focus on tech including cloud, AI

May 31, 2016 2:44 PM ETMicrosoft Corporation (MSFT) StockMSFTBy: Jason Aycock, SA News Editor2 Comments
  • Microsoft (NASDAQ:MSFT) has started a venture capital fund to pursue early-stage technology investments, including cloud computing and artificial intelligence.
  • It's called Microsoft Ventures -- not to be confused with the existing group by that name, a startup accelerator that will be renamed "Microsoft Accelerator." The new Microsoft Ventures will sit on a continuum between Microsoft Accelerator and the company's bigger, more traditional M&A activity.
  • The company has typically invested alongside commercial deals, so the new creation is a move to an earlier part of the process. The unit will open offices in San Francisco, Seattle, New York and Tel Aviv and will be run by Nagraj Kashyap and Peggy Johnson, both veterans of Qualcomm.

Recommended For You

About MSFT Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
MSFT--
Microsoft Corporation