London start-up Magic Pony acquired by Twitter

by Megan Dunsby Updated: Jun 20, 2016 Published: Jun 20, 2016 Magic Pony, an 18 month-old tech start-up, has been purchased by Twitter in a deal that will see the social media giant look to expand its machine learning techniques for visual processing. According to TechCrunch, Twitter is paying up to $150m for the deal which will include retention bonuses for Magic Pony employees. Based in London and founded by Rob Bishop and Zehan Wong, Magic Pony specialises in artificial intelligence and has a team of 14 engineers that work to identify features of imagery and then use this information to process it better. Since launch in December 2014, the start-up has created machine-learning-based approaches for visual processing on web, desktop and mobile, filing over 20 international patents. Its acquisition…

Link to Full Article: London start-up Magic Pony acquired by Twitter

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