Twitter Buys Artificial Intelligence Firm Magic Pony

Twitter Buys Artificial Intelligence Firm Magic Pony

HIGHLIGHTS
Magic Pony’s group may be becoming a member of Twitter Cortex.
Magic Pony includes scientists with expertise in machine gaining knowledge of.
Terms of the deal have been not disclosed.
Twitter said Monday it became obtaining British-based Artificial intelligence startup Magic Pony to strengthen its capability for analysis of visible content material.

Magic Pony’s technology, primarily based on studies to create algorithms that may apprehend thecapabilities of imagerycan be used to enhance our power in live and video and opens up an entire lot ofinteresting creative possibilities for Twitter,” said Twitter co-founder and chief govt Jack Dorsey in a blogput up.

gadget mastering is an increasing number of on the middle of the whole thing we build at Twitter. It ispowering much of the paintings we’re doing to make it simpler to create, share, and find out the very bestcontent so that whenever you open Twitter you are immersed inside the most applicable news,memories, and events for you.”

Phrases of the deal had been not disclosed.

The flow comes with Twitter suffering to grow its consumer base and gain profitability amid unhappinessinside the platform after a protracted-awaited 2013 preliminary public offering.

Rob Bishop, Magic Pony’s CEO and co-founder, stated joining forces with Twitter “offers us the opportunityto bring the advantages of that research to loads of thousands and thousands of humans round the world, and permits Magic Pony to contribute to better quality viewing studies on Twitter.”

Magic Pony team consists of scientists with understanding throughout pc vision, device gaining knowledge of, highperformance computing, and computational neuroscience.

Bishop can be based totally out of Twitter’s headquarters in San Francisco, and co-founder Zehan Wang and the alternative individuals will be part of Twitter’s London office, in line with a announcement.

Magic Pony’s group could be joining Twitter Cortex, a team of engineers, facts scientists, and gadgetmastering researchers. Twitter’s other system learning acquisitions encompass Madbits in July 2014 and Whetlab in June 2015.

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Tags: AI, Artificial Intelligence, Magic Pony, Social, Twitter