Jhonsa: Google Makes an AI Acquisition; Western Digital Ups Its Guidance; Ericsson Buys Fiber Firm

Here’s a look at top tech stories for Thursday. Google buys AI startup Moodstocks to improve image-recognition, updates Now on Tap Paris-based Moodstocks has been working on machine learning algorithms that automatically detect objects and scenes within images. The company will now help “build great image-recognition tools within Google.” Using artificial intelligence to help classify images is something Alphabet’s (GOOGL) Google already has plenty of experience with: Google Photos, which launched last year, has won plaudits for its ability to automatically tag images based on content — do a Google Photos search for “mountain” or “lake,” and it’ll turn up pictures within your album containing one. Google has even begun using AI to figure out a photo’s location. Alphabet is a holding in Jim Cramer’s Action Alerts PLUS Charitable Trust…


Link to Full Article: Jhonsa: Google Makes an AI Acquisition; Western Digital Ups Its Guidance; Ericsson Buys Fiber Firm