Have you ever heard about Madbits before? If you haven’t, chances are you will hear more about this particular company in the days to come, since this startup that was founded by Clément Farabet and Louis-Alexandre Etezad-Heydari will be acquired by Twitter. Madbits’ main focus was on enabling computers in such a manner that they could learn via the implementation of artificial intelligence, where to be more specific, we are talking about “deep learning”.
”Deep learning” is still being readied for a public launch at point of the Twitter acquisition, and we are not privy to the relevant nitty gritty since details concerning the deal has yet to be revealed by either Twitter or Madbits.
Madbits, however, did mention that during the course of its development, it actually crossed paths with Twitter in a collaborative effort, as both companies shared a similar ambition as well as vision, and Madbits has faith that this acquisition by Twitter would leverage the social media company’s ability to scale such technology.
Madbits shared, “Over this past year, we’ve built visual intelligence technology that automatically understands, organizes and extracts relevant information from raw media. Understanding the content of an image, whether or not there are tags associated with that image, is a complex challenge. We developed our technology based on ‘deep learning,’ an approach to statistical machine learning that involves stacking simple projections to form powerful hierarchical models of a signal.”
This is not the first Twitter acquisition, and neither will it be the last.
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