Twitter acquires artificial intelligence startup
London-based startup Magic Pony will improve visual experiences across Twitter apps
Twitter has announced it has bought artificial intelligence startup Magic Pony to enhance image-sharing, video and live video features for its users.
The London-based startup was founded in 2014, and uses machine learning to build improved systems for visual processing, which is based on pattern recognition. The technology can also be used to clean up pixelated images or create new images, plus it can improve video streaming especially in environments where bandwidth and connectivity is weak.
Twitter's chief executive officer Jack Dorsey, confirmed the purchase in a statement stating it "opens up a whole lot of exciting creative possibilities for Twitter" and that Magic Pony will "improve the visual experiences that are delivered across their apps".
The Magic Pony team includes 11 PhDs, with their expertise ranging across computer vision, computational neuroscience, deep learning and high performance computing.
In Magic Pony's own statement, the startup said: "Together with Twitter, we're looking forward to vastly accelerating our rate of research; growing our team, which will serve as the European homebase for Twitter's machine learning efforts; and continuing to publish. We've barely scratched the surface of what we think is possible in this area and are excited to see what the future holds."