Cloud-based office systems company Workday has launched a $250 millionm venture fund to support emerging technologies. It will invest in start-ups pioneering the use of artificial intelligence, machine learning and blockchain technologies, as well as augmented and virtual reality systems. Recipients will also receive business guidance and support from Workday executives and software engineers. It's hoped purchasing stakes in emerging technologies will help Workday to expand and improve its services.
Cloud-based office systems company Workday has launched a $250m venture fund to support emerging technologies. It will invest in start-ups pioneering the use of artificial intelligence, machine learning and blockchain technologies, as well as augmented and virtual reality systems. Recipients will also receive business guidance and support from Workday executives and software engineers. It's hoped purchasing stakes in emerging technologies will help Workday to expand and improve its services.