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Twitter buys a machine learning company to improve your videos
Facebook isn't the only social network to see some value in artificial intelligence. Twitter has bought Magic Pony, a small London outfit that specializes in using machine learning to process visuals, at an unofficial worth of around $150 million. It's hoping to use the newly acquired talent to "enhance [its] strength" in both live and pre-recorded videos. What exactly it will do isn't clear, but Twitter chief Jack Dorsey points to Magic Pony's work on sharpening blurry video elements as an example -- it's easy to see machine learning improving the quality of clips (especially on Periscope) without consuming more of your all-important bandwidth.