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Facebook buys AI startup Ozlo to improve Messenger

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Facebook has acquired an AI start-up as it aims to strengthen the artificial intelligence capabilities of its Messenger platform. The start-up in question is called Ozlo. It is based in Palo Alto, California, and has roughly 30 employees, the majority of which will be joining Facebook in either Menlo Park, California, or Seattle, Washington. Financial details of the deal were not disclosed. What makes this AI technology stand out from the rest is its alleged possibility to answer questions with more than a simple "Yes" or "No." It is allegedly capable of reading and understanding text and context, and capable… [Continue Reading]

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