Vishal Sikka's AI venture raises $50 million

BENGALURU: Former Infosys CEO Vishal Sikka's AI startup Vianai Systems has closed $50 million in funding, the company said. The enterprise platform helps businesses leverage AI to drive fundamental digital transformations. The funding sources have not been disclosed.

Sikka said AI has the ability to fundamentally transform every business in every industry, yet only a few tech firms have tapped into AI's potential.

Vianai's advisers include Henning Kagermann, former SAP chairman & CEO, Alan Kay, Turing Award winner, Divesh Makan, founder of ICONIQ Cap, Indra Nooyi, former CEO of PepsiCo, Sebastian Thrun, co-founder & chairman of Udacity, and John Etchemendy, provost emeritus of Stanford University.