dcsimg
July 16, 2019
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







Enterprise Development Update

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


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