FB Acquires AI Asst Startup Ozlo to Make Messenger Smarter
August 3rd, 2017
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. Ozlo claims that its virtual assistants can understand and provide answers to questions which do not have simple “yes” or “no” answers. Ozlo has raised $14 million from a number of investors, including Greylock. The start-up has 30 employees, majority of which will be joining Messenger in Facebook’s offices in either Menlo Park, California or Seattle, Washington.