Twitter continues to focus on machine learning with 0 million acquisition of Magic Pony

Following last week’s news that Google is pouring more resources into machine learning with the formation of a Zurich-based research group dedicated to the field, Twitter has just announced that it is also investing in the same area of AI by acquiring London-based startup Magic Pony Technology. While the terms of the deal are not being disclosed, TechCrunch reports that Twitter paid $150 million for the UK company. Twitter CEO Jack Dorsey wrote 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.”…


Link to Full Article: Twitter continues to focus on machine learning with 0 million acquisition of Magic Pony