Microsoft has acquired Maluuba, a Toronto-based Artificial Intelligence startup.

According to Fortune, Maluuba's AI research focuses on deep learning for processing natural language. 

Microsoft announced its acquisition of Maluuba via an online blog post. The post said that the multinational technology company had made great achievements in speech and image recognition with the deep learning techniques. Microsoft noted that with the pace that it is working, soon machine writing and reading will be possible.

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Last year, Maluuba revealed its Artificial Intelligence system which is designed to read and understand a text to a degree of accuracy close to humans.

Besides acquiring Maluuba, Microsoft has also developed better connections with Mr. Yoshua Bengio, a stark figure in the field of deep learning. Mr. Bengio will be serving as the advisor to Microsoft's Artificial Intelligence department.

There is a high possibility that Cortana, Microsoft's digital assistant for AI, would be incorporated to make routinely work (such as accessing emails) easier and more efficient, The Verge reported.

Microsoft has given its users a peek into a world of possibilities as it presented a scenario about Maluuba enabling one to find documents instead of searching an entire folder for the required item. Microsoft also revealed that it is exploring new areas such as machine literacy by Artificial Intelligence.