Ratan Tata invests in Niki.ai

Q.  Ratan Tata has invested in which AI based chatbot?
- Published on 20 May 16

a. Wiki.ai
b. Teki.ai
c. Niki.ai
d. None of the above

ANSWER: Niki.ai
 
Ratan Tata, Chairman Emeritus of TATA Sons has invested an undisclosed amount in Niki.ai, a AI based chatbot.
  • A chatbot is a computer programme designed to simulate the chatter or conservation of human beings over the internet.
  • UTV founder Ronnie Screwvala’s VC firm also participated in the round of funding.
  • This firm was established by IIT- Kharagpur alumni Sachin Jaiswal, Keshav Prawasi, Nitin Babel and Shishir Modi.
  • niki.ai said it uses technologies such as natural language processing and machine learning to converse with the customers over a simple chat interface.
  • It then places their orders within seconds with the partner businesses.

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