Twitter beefs up machine learning chops, buys Magic Pony

(credit: Magic Pony)

Twitter has bought London-based machine learning outfit Magic Pony Technology, as it moves to bolster its video and image-sharing output.

The micro-blogging site has reportedly dropped $150 million (~£102 million) on Magic Pony, which offers tech that apparently improves low-quality pictures and videos on the fly by recognising patterns and textures.

Twitter's latest buyout represents its third machine-learning acquisition in two years: it scooped up Madbits in 2014, and Whetlab a year later.

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Source: Ministry of Innovation – Ars Technica http://ift.tt/28OS7HG