![]() ![]() ![]() ![]() The team will also help to complement Picsart’s AI research and development arm, PAIR (Picsart AI Research) with additional senior resources, the company says.įounded in 2017, Armenia-based DeepCraft specialized in video and image processing, while Picsart was the country’s first unicorn. The company believes DeepCraft’s AI technical talent and its breakthroughs in computer vision and machine learning will enhance Picsart’s own AI technology and help the company better support the recent growth of video creation on its service. Picsart today offers a range of digital creation and editing tools aimed at both consumers and professionals alike that make photo and video editing more fun and approachable. The deal is a combination of both cash and stock and is in the seven-figure range, but the exact terms aren’t being disclosed. SoftBank-based digital creation platform Picsart, which recently hit uniciorn status, announced today it’s acquiring the research and development company DeepCraft.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |