Twitter takes British company for video processing and machine learning about

Jun

21

2016

Twitter has acquired the British company Magic Pony Technology. The company worked for the acquisition of technology for optimizing and compressing video and predict what comes into videos using machine learning.

The researchers at Magic Pony continue to work in London on machine learning, Magic Pony, acting on the own site . Twitter CEO Jack Dorsey said that Twitter will use the Magic Pony technology because of its focus on machine learning. What he wants with it, exactly, is unknown. Twitter has amongst Periscope and Vine for placing videos on the microblogging service.

Tech site TechCrunch has heard that Twitter a total of 150 million pays for the British company. It is the third acquisition in a year of Twitter that has to do with machine learning. It took about earlier include WhetLab, which was also owned by a Dutchman. Magic Pony besides conducting research into areas where the social medium itself is not yet active, such as augmented reality and virtual reality.

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