Machine learning company, Magic Pony, has been acquired by Twitter to help develop image and video recognition for its service.
The acquisition is reported to have been for $150 Million.

Today, we’re very excited to announce that we’re expanding our capabilities in machine learning by acquiring Magic Pony Technology, a London-based technology company that has developed novel machine learning techniques for visual processing.Twitter Acquires Machine Learning Company, Magic Pony [blog.twitter.com]

Machine learning seems to be the hot term right now, and, clearly, twitter does not get left behind in the race to develop neural network systems to better understand user intent.