London, UK: Just AI, a Conversational AI technologies developer and solutions provider, received funding from two strategic investors. The first one is MTS PJSC (NYSE: MBT, MOEX: MTSS) - one of the leading mobile network operators in Russia, Ukraine, Armenia and Belarus with over 106.5 million subscribers. The second investor is Sovcombank PJSC - one of Russia's top-15 commercial banks. The new investors' total share in the capital of Just AI was 22.5%, with a total market valuation of $ 40 million. In conjunction with the funding, Sovcombank and MTS joined the board of directors of Just AI as observers.
Just AI first started working in the field of conversational AI, machine learning and natural language processing back in 2011. Today, Just AI is one of the leaders on the Conversational AI market in Eastern Europe and is actively expanding globally. The company's wide product stack includes Just AI Conversational Platform - a platform for creating complex enterprise-grade assistants and bots; solutions for SMBs (more than 15,000 developers design conversational skills and intelligent bots using Just AI's platform Aimylogic); as well as a set of open-source tools for developers and data scientists. All products are complementary to each other, which makes it possible to implement complex projects in the field of conversational AI, including industry-specific enterprise assistants.
With offices in London, Shenzhen and Shanghai (China), Limassol (Cyprus), St. Petersburg and Moscow (Russia), Just AI employs over 100 highly qualified professionals - experts in computational linguistics, machine learning, conversational UX design, and software development.
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