Reddit announced Friday that it’s buying MeaningCloud, a pure language processing firm, for an undisclosed quantity. The MeaningCloud staff has joined Reddit and can assist machine studying tasks throughout its product, security and adverts groups. The acquisition marks Reddit’s first workplace in Spain.
MeaningCloud was based in 2015 and makes a speciality of extracting which means from unstructured content material, comparable to social conversations and internet content material. Reddit says the corporate’s know-how will strengthen its machine studying proficiencies and understanding of unstructured information to supply related data for Reddit customers.
“MeaningCloud helps strengthen Reddit’s platform by serving to our neighborhood get the related data they’re on the lookout for even sooner,” stated Jack Hanlon, the vp of knowledge at Reddit, in a press release. “With the addition of MeaningClound’s know-how, we are able to proceed our mission of offering easier, richer and extra related content material to our customers. We’re thrilled to welcome the gifted MeaningCloud staff to Reddit.”
The corporate says at this time’s announcement aligns with its latest acquisition of Spell, a platform for working machine studying experiments. Spell was based by former Fb engineer Serkan Piantino in 2016 to supply a cloud computing answer to permit anybody to run resource-intensive ML experiments with out the high-end {hardware} that might usually be mandatory.
Reddit presently makes use of machine studying for personalised suggestions and the Discover Tab, which the app launched this 12 months. The corporate additionally leverages the know-how for its security work and focused promoting.
Between at this time’s announcement and the corporate’s latest acquisition of Spell, Reddit appears to be targeted on investing in AI. The corporate recently said part of its mission is to make sure that any AI the corporate works on is clear and doesn’t perpetuate bias.
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