United Ventures invests in Californian Loop AI Labs
Milan - United Ventures sgr., the independent Italian venture capital firm specializing in investing in innovative digital software and technology companies, has finalized an investment in Loop AI Labs. Founded in 2012, the company markets Loop Q, an unsupervised cognitive computing platform with the ability to learn and reason in order to process unstructured (dark data) in any language, human or machine. Loop Q's integrated hardware and software enables major organizations in any industry to add cognitive capabilities to existing legacy applications, ensuring future growth whilst increasing productivity and customer satisfaction.For Massimiliano Magrini, Managing Partner, United Ventures "the artificial intelligence sector is one of the areas that will have the greatest impact on corporate productivity and fastest growth rate over the coming years. At Loop AI Labs we have found a team whose extraordinary expertise has been able to create and market a product and technology which will generate concrete benefits for businesses".