Popular social media platform redditcontinues to invest in machine learning projects. According to the latest statement from the company, the natural language processing firm MeaningCloud acquired it for an undisclosed price.
Reddit acquires natural language processing firm MeaningCloud
reddit, machine language It is one of the companies that have increased their targets in the field. Specially making sense of unstructured content Working on MeaningCloud, he was known for analyzing conversations on Reddit.
Established in 2015, the Spain-based firm is working on the classification of unstructured data. Currently offering suggestions to users on the Reddit interface MeaningCloud algorithmcan evaluate web content thanks to natural language processing.
Reddit will provide 1 million dollars support to its users!
Reddit, the meeting point for large communities, has announced its million-dollar program to support communities on the platform.
This acquisition will also make it possible for Reddit to enter the European market. The platform, which will have an office in Spain, is popularly preferred in countries such as the USA and Canada today. However, with the investment in a natural language processing company, expansion in other languages it’s going to be possible.
Reddit Vice President of Data Jack Hanlon used the following statements regarding the agreement:
MeaningCloud helps strengthen the Reddit platform by helping our community get the relevant information they’re looking for even faster. With the addition of MeaningClound’s technology, we can continue our mission of providing simpler, richer and more relevant content to our users. We’re excited to welcome the talented MeaningCloud team to Reddit.
It is possible to say that Reddit has taken remarkable steps regarding machine learning recently. The platform is a personalized interface that offers special content to users in the past months. Discover feature had activated.
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