Facebook is not the only social network working on AI and machine learning these days. Twitter has been silently buying machine learning technology firms every summer since 2014, and is continuing this trend with the acquisition of Magic Pony Technology, a London-based machine learning company.
Not that this is of particular interest, but Twitter is allegedly paying $150 million for the company which focuses on visual processing in machine learning. Of more importance is the question of what Twitter is preparing with all the tech it has buying. Twitter’s CEO Jack Dorsey announced the acquisition in a recent blog post, explaining that,
He goes on to remind us that the acquisition
The team behind Magic Pony is joining a “team of engineers, data scientists and machine learning researchers” called Twitter Cortex which is “dedicated to building a product in which people can easily find new experiences to share and participate in”.
If you like our stories, there is an easy way to stay updated:
Follow @wersm
The technology will be used to strengthen live and video offerings on Twitter (whatever exactly that means)… and we can assume that the company will be incorporating algorithms for Twitter’s systems to understand and identify imagery. The cryptic announcement from Magic Pony says that their technology will be used “to improve the visual experiences that are delivered across [Twitter’s] apps”.
If you like our stories, there is an easy way to stay updated:
Follow @wersm
Either way, it is business as usual until Twitter starts rolling out some incredibly cool features with the technology it has just acquired. What do you think Twitter is working on?
[wysija_form id=”5″]
More from Twitter
Twitter Lite Is Now Available In 21 More Countries
Twitter has announced it is further expanding the availability of its Twitter Lite app to 21 more countries, bringing the …
You Can No Longer Automatically Post Tweets To Facebook
Following an update to its API on August 1, Facebook no longer allows users to automatically publish Tweets and Retweets …
Twitter Made $100 Million in Profit, But Lost 1M Users
Only days after Facebook's stock took a record $100 billion tumble, Twitter's shares are also down 20% after the company's …
