dcsimg
July 18, 2018
Hot Topics:

Facebook Buys Bloomsbury AI

  • July 3, 2018
  • By Developer.com Staff

Large tech companies continue to ingest artificial intelligence (AI) startups; this time, it's Facebook buying London-based Bloomsbury AI. The firms did not officially reveal the purchase price, but it is believed to be between $23 and $30 million. It is also believed that Facebook will deploy Bloomsbury AI's team and technology in its efforts to combat "fake news."

In other Facebook news, the company is adding more API restrictions that will impact what developers can do with users' data. The firm is also shutting down some APIs.

View article






Comment and Contribute

 


(Maximum characters: 1200). You have characters left.

 

 


Enterprise Development Update

Don't miss an article. Subscribe to our newsletter below.

By submitting your information, you agree that developer.com may send you developer offers via email, phone and text message, as well as email offers about other products and services that developer believes may be of interest to you. developer will process your information in accordance with the Quinstreet Privacy Policy.

Sitemap

Thanks for your registration, follow us on our social networks to keep up-to-date