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South Korea's biggest web company acquires Wattpad for $600 million
Webtoon and Wattpad may soon be inextricably linked. Naver, the South Korean internet giant behind the Webtoon digital comics platform, will acquire Wattpad for a deal worth US$600 million in cash and stocks. Neither side has revealed what that means exactly, but The Hollywood Reporter says they’ll share a platform for their combined audience of 160 million users.
AI learns to predict human reactions by reading our fiction
A team of Stanford researchers have developed a novel means of teaching artificial intelligence systems how to predict a human's response to their actions. They've given their knowledge base, dubbed Augur, access to online writing community Wattpad and its archive of more than 600,000 stories. This information will enable support vector machines (basically, learning algorithms) to better predict what people do in the face of various stimuli.
