Twitter has declared that it was acquiring British-based AI oriented startup Magic Pony to reinforce its ability for examination of visual content. Magic Pony's innovation is based on exploration of algorithms that can comprehend the elements of symbolism "will be used to enhance our strength in live and video and opens up a whole lot of exciting creative possibilities for Twitter", said Twitter co-founder and chief executive Jack Dorsey in a blog post.
"Machine learning is increasingly at the core of everything we build at Twitter. It's powering much of the work we're doing to make it easier to create, share, and discover the very best content so that every time you open Twitter you're immersed in the most relevant news, stories, and events for you." The terms of the deal were not disclosed.
The move accompanies Twitter attempting to develop its user base and accomplish benefit in the midst of frustration in the stage after a hotly anticipated 2013 initial public offering. Rob Bishop, Magic Pony's CEO and prime supporter, said uniting with Twitter "gives us the opportunity to bring the benefits of that research to hundreds of millions of people around the world, and allows Magic Pony to contribute to better quality viewing experiences on Twitter."
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The Magic Pony group incorporates researchers with expertise over PC vision, machine adapting, elite processing, and computational neuroscience. Bishop will be based out of Twitter's headquarter in San Francisco, and co-founder Zehan Wang and other individuals will join Twitter's London office as indicated by the announcement. magic Pony's group will join Twitter Cortex, a group of designers, data researchers, and machine learning specialists. Twitter's other machine learning acquisitions incorporate Madbits in July 2014 and Whetlab in June 2015.
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