Facebook Acquires AI Assistant Startup Ozlo to Make Messenger Smarter

To build out a more elaborate personal assistant for the Messenger users, Facebook has acquired an artificial intelligence (AI) startup Ozlo that specialises in understanding text-based conversations. The four-year-old startup claims that its virtual assistants can understand and provide answers to questions which do not have Read More

Facebook Reportedly Surpasses Google, Microsoft in Terms of Profit Per Employee

Facebook has leapfrogged Microsoft and Google’s parent company Alphabet in securing maximum profit per employee in the second quarter of 2017 while Twitter suffered a hefty loss, a media report said. Facebook, which employed 20,658 persons in the past quarter – a 43 percent Read More