20-06-2016 22:04 via indianexpress.com

Twitter buys machine learning firm Magic Pony at $150 million

Twitter did not disclose the financial terms of the deal.
Twitter Inc said on Monday it acquired London-based Magic Pony Technology, a machine-learning startup that specializes in working with images, to deliver better video and picture content.
Twitter did not disclose the financial terms of the deal. Technology news website TechCrunch cited sources saying the deal was worth $150 million.
Read MoreTwitter buys machine learning firm Magic Pony at $150 millionSushma Swaraj's hilariously honest r
Read more »