Google acquires AIMatter, maker of the Fabby computer vision app

#artificialintelligence 

The search and Android giant has acquired AIMatter, a startup founded in Belarus that has built both a neural network-based AI platform and SDK to detect and process images quickly on mobile devices, and a photo and video editing app that has served as a proof-of-concept of the tech called Fabby. We'd had wind of the deal going down as far back as May, although it only officially closed today. Fabby and Google have confirmed the deal to us and there should be a statement posted on AIMatter's site about the news soon (update: it's up). A Google spokesperson provided TC with a short statement: "We are excited to welcome the AIMatter team to Google." Terms of the sale are not being disclosed, but we understand that Fabby -- which has had over 2 million downloads -- will continue to run, and from what we understand most of AIMatter's employees will come over to Google.

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