News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise with us

Subscribe & Follow

Advertise your job vacancies
    Search jobs

    Twitter buys artificial intelligence group Whetlab

    WASHINGTON, USA: Twitter on Wednesday acquired the artificial intelligence startup Whetlab, bolstering the analytics capacity, which is becoming increasingly important for social networks.

    Terms were not announced for the deal, which was disclosed in a tweet by the Twitter engineering team and on the website of the Massachusetts-based Whetlab.

    Twitter did not comment on its plan for the service, but artificial intelligence can be used to determine the most relevant tweets and advertising messages for each user, or to better filter spam.

    Twitter buys artificial intelligence group Whetlab

    "Over the past year, we have created a technology to make machine learning better and faster for companies, automatically," a statement on the Whetlab website said.

    "Twitter is the platform for open communication on the Internet and we believe that Whetlab's technology can have a great impact by accelerating Twitter's internal machine learning efforts."

    The move comes with Twitter searching for a new chief executive following Dick Costolo's announcement he is stepping down. Co-founder Jack Dorsey will be the interim CEO.

    Whetlab, which was founded by computer scientists and neuroscientists from Harvard and Canadian universities, aims to help companies make better use of artificial intelligence, or machine learning.

    With some 300 million active users, Twitter has been growing at a slower pace than some rival social networks and has yet to show a profit, despite creating new advertising products for the one-to-many messaging service.

    Facebook has been investing heavily in artificial intelligence to show more relevant items in users' news feeds.

    Source: AFP

    Source: I-Net Bridge

    For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

    We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

    Go to: http://www.inet.co.za
    Let's do Biz