Reddit introduced 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 focuses on extracting that means from unstructured content material, akin to social conversations and net content material. Reddit says the corporate’s know-how will strengthen its machine studying proficiencies and understanding of unstructured knowledge to offer related data for Reddit customers.
“MeaningCloud helps strengthen Reddit’s platform by serving to our group get the related data they’re in search of even sooner,” stated Jack Hanlon, the vp of knowledge at Reddit, in an announcement. “With the addition of MeaningClound’s know-how, we will proceed our mission of offering easier, richer, and extra related content material to our customers. We’re thrilled to welcome the proficient MeaningCloud staff to Reddit.”
The corporate says immediately’s announcement aligns with its current acquisition of Spell, a platform for operating machine studying experiments. Spell was based by former Fb engineer Serkan Piantino in 2016 to offer a cloud computing resolution to permit anybody to run resource-intensive ML experiments with out the excessive finish {hardware} that will usually be obligatory.
Reddit presently makes use of machine studying for personalised suggestions and the Uncover Tab, which the app launched this 12 months. The corporate additionally leverages the know-how for its security work and focused promoting.
Between immediately’s announcement and the corporate’s current acquisition of Spell, Reddit appears to be centered on investing in AI. The corporate just lately stated a part of its mission is to make sure that any AI the corporate works on is clear and doesn’t perpetuate bias.
