Thursday, 24 October 2013

Yahoo acquires California-based image search and discovery start-up LookFlow - Newstrack India

New Delhi, Thu, 24 Oct 2013 NI Wire

Internet giant Yahoo has reportedly acquired a California-based startup with latest technology, which enables artificial intelligence into a platform for image search and discovery, LookFlow.

As per AllThingsD, LookFlow will associate with the Flickr unit and help Yahoo build a 'deep learning group'.

Acquisition of LookFlow by Yahoo is the latest in CEO Marissa Mayer's list of other business acquisitions, which also includes the mega purchase of Tumblr for a whopping 1.1 billion dollars, with an objective to revive the once-popular search site.

The terms of the latest deal are however undisclosed, the report added.

-With inputs from ANI


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