Microsoft Will Spin Off Its Popular Chinese Teen Girl Chatbot

Microsoft Will Spin Off Its Popular Chinese Teen Girl Chatbot

Microsoft (NASDAQ: MSFT) announced on Monday that it would spin off its Xiaobing Chinese chatbot business into an independent company. In a news release posted in Chinese, the company said it would divest the artificial intelligence (AI)-based Xiaobing -- also called Xiaoice -- business into an independent concern. Microsoft will continue to hold an equity stake in the venture.