
Microsoft hires the team of Sequioa-backed AI collaboration platform, Cove

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Microsoft has acquired the team behind Cove, a Sequoia-backed AI collaboration platform, which will cease operations on April 1. Founded in late 2023, Cove raised $6 million and offered an AI-powered infinite whiteboard for task management. The founders expressed excitement about continuing their mission at Microsoft AI, where they aim to expand their vision. All user data will be deleted, and subscriptions for March have been refunded. Microsoft has not yet commented on how it will integrate Cove's technology into its ecosystem.
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