Twitter acquired a London startup called Magic Pony

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Horse Racing - Cheltenham Festival - Cheltenham Racecourse - 17/3/16 Thistlecrack ridden by Tom Scudamore on the way to winning the 3.30 Ryanair World Hurdle

Reuters / Dylan Martinez

Thistlecrack ridden by Tom Scudamore on the way to winning the 3.30 Ryanair World Hurdle at Cheltenham Festival.

Twitter has announced that it has acquired Magic Pony Technology, the London startup that worked on machine learning technology.

A blog post written by Twitter CEO Jack Dorsey says that "Magic Pony's technology - based on research by the team to create algorithms that can understand the features of imagery - will be used to enhance our strength in live and video and opens up a whole lot of exciting creative possibilities for Twitter."

Machine learning is a type of technology related to artificial intelligence which involves computers teaching themselves different processes without someone telling it what to do.

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