Twitter enhancing live video21 June 2016
Twitter has acquired Magic Pony Technology as it looks to enhance its strength in the live video market.
Based in the UK, Magic Pony specialises in machine learning techniques for visual processing.
The acquisition further builds on Twitter’s investment in machine learning, following the purchase of Madbits in July 2014 and Whetlab in June 2015.
The company holds over 20 patents covering machine learning based approaches for visual processing on web, desktop and mobile.
Magic Pony’s team will join the Twitter Cortex, a broader team of engineers, data scientists, and machine learning researchers.
“Machine learning is increasingly at the core of everything we build at Twitter,” said Jack Dorsey, Twitter CEO.
“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.”
“We are continuing to build strength into our deep learning teams with world-class talent to help Twitter be the best place to see what’s happening and why it matters, first.”