Twitter Buys Magic Pony, UK Developer of Machine-Learning Techniques

Twitter is seeking to deepen its machine-learning capabilities after acquiring Magic Pony Technology, Twitter CEO Jack Dorsey said in a Monday blog post announcing the deal. Magic Pony is a London developer of machine-learning techniques for visual processing. The acquired technology “will be used to enhance our strength in live video and opens up a whole lot of exciting creative possibilities for Twitter,” Dorsey said. The deal builds on other recent machine-learning investments for Twitter, including acquisitions of Madbits in July 2014 and Whetlab in June 2015, he said. No terms were disclosed.