Saturday, October 12

Facebook Acquires Artificial Intelligence Startup Ozlo For Messnger

Facebook has recently acquired its former Head of Platform for Android, Charles Jolley’s conversational AI Startup Ozlo.  The Ozlo team is expected to join Facebook to work on natural language processing challenges.

Ozlo will be working with Facebook on building experience powered by artificial intelligence and machine learning in blog post shown below.

The four-year-old start-up claims that its virtual assistants can understand and provide answers to questions which do not have simple “yes” or “no” answers.

Ozlo launched with a consumer-facing app in Oct. 2016 and with this acquisition it is no longer independent and the conversational AI space grows just a bit more consolidated.

1.2 billion people around the world use Messenger to connect with the people and businesses they care about,” a Facebook spokesperson said in a statement. “We’re excited to welcome the Ozlo team as we build compelling experiences within Messenger that are powered by artificial intelligence and machine learning.

The startup was previously backed by AME Cloud Ventures and Greylock Partners.

Facebook has declined to disclose the size of its purchase of Ozlo.