Twitter Buys Magic Pony For 0M: Not An Enchanted Steed, But A Machine Learning Firm

Now Playing 00:30 Internet In A Minute Now Playing 00:30 Find Out How Computer Technology Is Changing The World Twitter has purchased machine learning and visual processing technology start-up Magic Pony for $150 million. The acquisition will lead to improvements in the videos on the social media platform.  ( Andrew Burton | Getty Images ) Advertisement Twitter revealed that it has acquired Magic Pony, which is not some sort of an enchanted steed but rather a company focused on machine learning and visual processing technology. The purchase of Magic Pony, which is based in London, will expand the machine learning capabilities of the video technology of the social media platform while also adding significant talent to Twitter’s Cortex team. This team is made up of researchers, data scientists and engineers…


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