Tag Archives: ai factory

Snap’s revenue did not meet analysts’ expectations of $563 million which had a negative impact on SNAP stock price. However, the company managed to increase its daily active user base.Recently, Snapchat’s parent company Snap has published its Q4 2019 earnings. It has turned out the company has not lived up the revenue expectations of Wall Street analysts. As a result, Snap stock has dropped 11%.According to Snap, they have increased the fourth quarter revenue 44% year-over-year to $561...

Snap Inc, the parent company of multimedia messaging app Snapchat, has acquired Ukraine-based startup AI Factory. This computer vision startup is the same company that has worked on creating Snapchat’s Cameos feature.AI Factory’s company profile shows that it provides several artificial intelligence business solutions for “image and video recognition, analysis and processing” . Thus, the Cameos feature also works on the same image and video processing technology developed by the company.The...