Facebook Gains Natural Language Capacity with Via AI Acquisition
February 11, 2015
Facebook is making inroads into the natural language space, we learn from “Facebook Buys Wit.ai, Adds Natural Language Knowhow” at ZDNet. Reporter Larry Dignan tells us the social-media giant gained more than 6,000 developers in the deal with the startup, who has created an open-source natural language platform with an eye to the “Internet of Things.” He writes:
“Wit.ai is an early stage startup that in October raised $3 million in seed financing with Andreessen Horowitz as the lead investor. Wit.ai aims to create a natural language platform that’s open sourced and distributed. Terms of the deal weren’t disclosed, but indicates what Facebook is thinking. As the social network is increasingly mobile, it will need natural language algorithms and knowhow to add key features. Rival Google has built in a bevy of natural language tools into Android and Apple has its Siri personal assistant.”
Though the Wit.ai platform is free for open data projects, it earns its keep through commercial instances and queries-per-day charges. Wit.ai launched in October 2013, and is headquartered in Palo Alto, California.
Cynthia Murrell, February 11, 2015
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