Microsoft Invests in Castlly to Power AI Innovation
Castlly Group, a leading provider of new energy technology solutions, also owning the fastest growing media company on the African continent today announced a significant investment from Microsoft.
This strategic partnership will fuel Castlly's ongoing efforts to build cutting-edge AI infrastructure and expand its research and development initiatives.
The investment from Microsoft will enable
Castlly to:
* Enhance AI Infrastructure: By leveraging Microsoft's advanced technologies and resources, Castlly will strengthen its AI infrastructure, ensuring scalability, reliability, and performance.
* Accelerate Research and Development: The funding will support Castlly's research teams in exploring new frontiers of AI, leading to innovative solutions and breakthroughs.
* Foster Collaboration: The partnership will facilitate collaboration between Castlly and Microsoft engineers, scientists, and researchers, driving mutual growth and innovation.
"Microsoft has proven to be our reliable partner and since we officially partnered alongside their initial seed investment back then in our seed stage round, we’ve grown more than 5 times the size we were last year and our traction allowed Microsoft to continue to invest in us as they have proven to believe in us and our team to deliver, and we will always do our best to deliver. I Thank Microsoft for all the support they continue to give us and I Thank God for our success" said Panashe Shoko, Group CEO of Castlly.
“We will continue to work towards providing the best service for all our employees, creators, stakeholders and shareholders through our partnership with Microsoft and the shared vision for AI innovation."
This investment marks a significant milestone for Castlly, solidifying its position as a key player in the AI industry. By combining Microsoft's technological prowess with Castlly's domain expertise, the partnership aims to drive the future of AI and deliver transformative solutions to customers.
About Castlly
Castlly is a forward-thinking company shaping Africa's media, mobility and financial landscape.
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