HIGHLIGHTS
Magic Pony’s team can be joining Twitter Cortex.
Magic Pony includes scientists with expertise in machine getting to know.
terms of the deal had been no longer disclosed.
Twitter said Monday it changed into acquiring British-based synthetic intelligence startup Magic Pony to strengthen its potential for analysis of visible content.
Magic Pony’s technology, based on research to create algorithms which could understand the features of images “will be used to enhance our energy in live and video and opens up an entire lot of excitingcreative opportunities for Twitter,” said Twitter co-founder and leader government Jack Dorsey in aweblog put up.
“system mastering is increasingly at the center of the entirety we build at Twitter. it is powering a whole lot of the paintings we are doing to make it easier to create, share, and find out the very first-classcontent material so that each time you open Twitter you’re immersed in the maximum applicable news,memories, and events for you.”
phrases of the deal have been no longer disclosed.
The pass comes with Twitter struggling to develop its user base and acquire profitability amid sadnessinside the platform after an extended-awaited 2013 initial public supplying.
Rob Bishop, Magic Pony’s CEO and co-founder, stated joining forces with Twitter “gives us the possibilityto carry the advantages of that studies to masses of hundreds of thousands of humans round the world, and permits Magic Pony to make a contribution to better fine viewing reports on Twitter.”
Magic Pony group consists of scientists with understanding across laptop imaginative and prescient,gadget learning, excessive–performance computing, and computational neuroscience.
Bishop could be primarily based out of Twitter’s headquarters in San Francisco, and co-founder Zehan Wang and the opposite participants will be part of Twitter’s London workplace, in step with aannouncement.
Magic Pony’s crew may be becoming a member of Twitter Cortex, a team of engineers, facts scientists, andmachine getting to know researchers. Twitter’s other machine getting to know acquisitions consist ofMadbits in July 2014 and Whetlab in June 2015.
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Tags: AI, artificial Intelligence, Magic Pony, Social, Twitter