Twitter Buys Another Machine Learning Startup

As if the technology needed any more promotion, Twitter announced its acquisition of a London-based company that has developed machine-learning techniques for visual processing. According to reports, Twitter (NYSE: TWTR) paid about 150 million for AI startup Magic Pony Technology. "Our team has researched and developed state-of-the-art machine learning techniques for visual processing that can identify the features of imagery and use that information to process it in new ways," said Rob Bishop, Magic Pony CEO and co-founder. The startup's technology reportedly works by combining neural networks designed to learn with machine learning tools to expand the amount of data in an image.