Facebook acquired Bloomsbury AI to improve content monitoring
Facebook confirmed that it had acquired Bloomsbury AI to improve the company’s natural language processing capabilities. Specific financial details have not yet been disclosed, but according to TechCrunch, the purchase price may be between $25 million and $30 million.
It is reported that Bloomsbury AI is a startup that aims to solve the language barrier between natural language and machine. The current natural language is difficult to understand by AI, machine learning systems, databases and search functions, and responds reliably and effectively, thus hindering the development of the entire industry. To meet this challenge, the Bloomsbury AI developed an artificial intelligence system called Cape that reads documents and answers questions related to content.
Foreign media commented that Facebook‘s acquisition is meaningful, and Bloomsbury AI can better help social giants monitor and monitor false news and prohibit illegal content.