Twitter has acquired Madbits, a deep-learning based image search startup, for an undisclosed amount.
“Over this past year, we’ve built visual intelligence technology that automatically understands, organizes and extracts relevant information from raw media,” writes Madbits on their website.
“We prototyped and tested about ten different applications, and as we’ve prepared to launch publicly, we’ve decided to bring the technology to Twitter, a company that shares our ambitions and vision and will help us scale this technology. We are excited to join the folks at Twitter to merge our efforts and see this technology grow to its full potential.”
GigaOm got the scoop, and notes that Madbits’ founders Clément Farabet and Louis-Alexandre Etezad-Heydari are two former students of Facebook AI Lab director Yann LeCun.
“Deep learning is a form of artificial intelligence that has been around for decades but has made major strides in the past several years with regard to accuracy in areas such as computer vision, text analysis and speech recognition,” writes GigaOm’s Derrick Harris. “Many of the researchers responsible for those advances are currently employed, at least part-time, by larger web companies such as Google, Facebook, Microsoft and Baidu.”