Connect with us

Hi, what are you looking for?

Tech & Science

Facebook acquires AI startup Ozlo to boost Messenger bots

Chatbots are now one of Facebook’s main focuses as it works to build out its Messenger ecosystem. The company has been concentrating on developing text-based AI because it has a narrower scope than spoken conversations.
Ozlo was created by Charles Jolly, Facebook’s former head of Android development. TechCrunch reports Jolly will not be moving with Ozlo to Facebook. He has formerly advocated Ozlo’s independent approach to conversational AI, an attribute that will now be lost as the company is acquired.
Ozlo offered developers a platform they could use to interpret information from text messages. Ozlo was based on a detailed knowledge graph containing simple facts about the world and common processes. It would match its rules against statements in the messages, allowing it to determine what was being said.
In a statement on its website, Ozlo said it started out during a “tremendous explosion” of mobile communication. Describing its service as “world-class,” the company said it is joining Facebook’s Messenger team so it can build more new experiences.
“We’re ready to take the next step in our journey with Messenger,” Ozlo said. “By joining a team that shares our values and our vision, we will be able to continue to work on building experiences powered by artificial intelligence and machine learning. There’s a lot more for us to explore ahead and we’re excited to bring our technology to the Messenger community.”
READ NEXT: Facebook embarks on aggressive strategy to monetise Messenger
It’s unclear what Ozlo’s team and technology will be used for at Facebook. Facebook is rapidly developing its Messenger platform around artificial intelligence and automation. Its bot platform is growing and the company is also expanding its in-app digital assistant, M. There are several ways for Ozlo to be incorporated into the Messenger ecosystem but Facebook isn’t providing any details.
Facebook may want access to Ozlo’s knowledge graph, giving it new sources of information for its AI services. Information is fast becoming a commodity in the AI-driven cloud where new neural networks must be “trained” to comprehend the world using existing facts. Ozlo now has two billion data points in its graph, potentially making it an attractive target for Facebook.
Facebook hasn’t disclosed how much it paid for Ozlo. The startup has previously raised $14 million from several investors. The company confirmed its existing services and APIs will be shut down as a result of the deal, leaving its customers looking for alternative AI platforms.

Written By

You may also like:

Tech & Science

Don’t be too surprised to see betting agencies getting involved in questions like this: “Would you like to make billions on new tech?” is...

Tech & Science

A growing wave of ‘firetech’ companies and related technologies – from drones to AI to robots – are being deployed across Canada. Is the...

Business

Image: - ©AFP Wakil KOHSARA group of advanced economies have pledged $11 billion in new funding commitments to boost the World Bank’s lending capacity...

Life

China manufactures around 70 percent of the world's sex toys, most of it the "hardware" on display at the fair.