Snap Inc. Scoops Up Startup AI Factory

The company worked on recently introduced Snapchat feature Cameo

Snap Inc. liked Snapchat’s recently introduced Cameo feature so much that it bought the company that helped develop it.

Snap confirmed its acquisition of AI Factory Friday, declining to provide any further details, such as terms of the transaction.

The AI Factory website was taken offline at some point and remained in that state Friday.

The company’s LinkedIn page described it as follows: “AI Factory is San Francisco Bay-area company founded in 2018. We provide multiple AI business solutions based on image and video recognition, analysis and processing.

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