Facebook quietly acquired another UK AI startup and almost no one noticed – TechCrunch
Facebook quietly acquired another UK AI startup and almost no one noticedOver the last few years, Facebook has been busy building out AI capabilities in areas like computer vision, natural language processing (NLP) and ‘deep learning,’ in part by acquiring promising startups in the space.
A regulatory filing for Deeptide reveals that Facebook became a majority owner on 13th December 2019.
The same day, Atlas ML co-founder Robert Stojnic published a Medium post titled “Papers with Code is joining Facebook AI,” which went largely unnoticed outside of the machine learning research community.
Terms of the deal — or even that the acquisition took place — weren’t announced by Facebook at the time, beyond Stojnic’s sanctioned post.
I’ve contacted Facebook for comment and will update this post if and when I hear back.
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