Reddit acquires natural language processing company MeaningCloud

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Reddit announced On Friday, he acquired MeaningCloud, a natural language processing company, for an undisclosed amount. The MeaningCloud team has joined Reddit and will support machine learning projects across their product, security, and advertising teams. The acquisition marks the first Reddit office in Spain.

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MeaningCloud was founded in 2015 and specializes in extracting meaning from unstructured content such as social conversations and web content. Reddit says the company’s technology will strengthen its machine learning skills and understanding of unstructured data to provide Reddit users with up-to-date information.

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“MeaningCloud helps strengthen the Reddit platform by helping our community get the information they need even faster,” said Jack Hanlon, vice president of data at Reddit. “With the addition of MeaningClound technology, we can continue our mission to provide simpler, richer, and more relevant content for our users. We are thrilled to welcome the talented MeaningCloud team to Reddit.”

The company says today’s announcement is consistent with a recent acquiring a spell, a platform for conducting machine learning experiments. Spell was founded by former Facebook engineer Serkan Piantino in 2016 to provide a cloud computing solution that allows anyone to run resource-intensive machine learning experiments without the high-performance hardware that is usually required.

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Reddit is currently using machine learning for personalized recommendations and Discover tab, which the app introduced this year. The company also uses this technology for security and targeted advertising.

Between today’s announcement and Spell’s recent acquisition, Reddit appears to be focused on investing in AI. Company recently said part of his mission is to ensure that any AI the company is working on is transparent and does not perpetuate bias.


Credit: techcrunch.com /

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