Microsoft fund backs British AI predictions start-up Mantic

A London-based start-up which claims to have built an AI system capable of predicting global events has raised funds from a group of investors including Microsoft's ventures arm. Sky News has learnt that ManticAI, whose founders include a former Google DeepMind engineer, has raised over $20m in a funding round jointly led by Balderton - one of the early backers of Revolut - and Radical Ventures, a Canadian investment fund. Sources said that M12, Microsoft's ventures arm, was also participating in the round, while a major news organisation is also said to be an investor.