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European Investment Bank provides €7.5M to AI software innovator Cortical.io
Fresh funds cover R&D and support the company’s growth
EU bank financing is provided under the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe
The European Investment Bank (EIB) is providing €7.5 million to Cortical.io AG, an Austrian software company developing innovative artificial intelligence technology based on a Natural Language Understanding (NLU) approach that can interpret and process human language text. The software is capable of performing search and analysis based on meanings of words or sentences. Its current applications include smart search and classification of information in contracts and emails. Cortical.io’s technology can search, extract, annotate and analyse key information from unstructured text – even with special
iText Software Announces New Era of the Company with Executive Leadership Appointments
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iText Software Announces New Era of the Company with Executive Leadership Appointments
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