Twitter looks to improve your videos with latest acquisition

Facebook isn’t the only one investing in livestreaming and artificial intelligence. Twitter has just acquired Magic Pony, a small London-based company that specializes in using machine learning to process visuals, for an unofficial worth of about US$150 million. The acquisition was for improving the social network’s strengths when it comes live and pre-recorded videos. According to Twitter chief Jack Dorsey, Magic Pony can help with things like sharpening blurry video elements without using up more of your bandwidth. You’ll probably see more of Magic Pony’s efforts when you watch a Periscope stream, trailer, or other videos on both Periscope and the Twitter app.

Source: Engadget