Tuesday, June 21, 2016

Twitter Buys Magic Pony Technology to Expand in Machine Learning - Bloomberg

The AI start-up dance floor continues to empty

"Twitter paid about $150 million for Magic Pony, according to a person familiar with the matter. The terms of the deal, which were not disclosed by Twitter, were previously reported by Tech Crunch.
Magic Pony’s technology uses artificial intelligence for visual effects. It can be used to clean up pixelated images or create new images. It can be used to improve video streaming -- especially in environments where bandwidth and connectivity isn’t ideal -- or to automatically build landscapes for computer games."
Twitter Buys Magic Pony Technology to Expand in Machine Learning - Bloomberg
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