AI Firm AIMMO Gains $12Million In Series A Funding

artificial intelligence

Korean start-up AIMMO, which is specialised in Artificial Intelligence (AI), has raised $12 million in a Series A funding round recently.

DS Asset Management, Hanwha Investment & Securities, Toss Investment, Industrial Bank of Korea, Korea Asset Investment & Securities and Venture Field participated in the funding.

The start-up is specialised in AI and uses software faster. It uses both humans and software, but in a much more quicker way.

New Trend

Artificial intelligence (AI) is quickly becoming the go-to trend world-wide. From Alexa and SIRI to self-driving cars, there is rapid progression in the industry.

Generally, humans undertake certain tasks at work. However, artificial intelligence models are being developed. This means that such technologies can now perf...

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