Parent company of Snapchat, Snap has acquired the London-based artificial intelligence lab Ariel AI.
Snap looks to enhance augmented reality features with acquisition of British research lab Ariel AI – CNBC
LONDON — Snap, the parent company of social media app Snapchat, has acquired a British artificial intelligence start-up called Ariel AI which focuses on augmented reality.
Link: Snap looks to enhance augmented reality features with acquisition of British research lab Ariel AI
via www.cnbc.com
Snap Buys UK Tech Startup Ariel AI – pymnts.com
Artificial intelligence (AI) technology company Ariel AI has been acquired by Snap. Ariel AI had been concentrating on a type of AI called computer vision, which is used to develop augmented reality (AR) functionalities, CNBC reported. Ariel AI had landed $1.1 million in investments before the Snap deal, CNBC reported, citing Crunchbase.
Link: Snap Buys UK Tech Startup Ariel AI
via www.pymnts.com
