Twitter buys machine-learning firm Magic Pony to boost image content


A 3D-printed logo for Twitter is seen in this picture illustration made in Zenica, Bosnia and Herzegovina on January 26, 2016. REUTERS/Dado Ruvic/Files

Twitter Inc said it acquired London-based Magic Pony Technology, a machine-learning startup that specialises 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 US$150mil (RM607.55mil). 

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