Twitter’s acquisition of magic pony technology in the race for AI

• Main Authors: GOH, Kenneth T., CHEAH, Sin Mei
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2019
• Subjects: Artificial Intelligence; machine learning; entrepreneurship; venture; start-up; exit strategy; acquisition; Social Media; Technology and Innovation
• Online Access: https://ink.library.smu.edu.sg/cases_coll_all/278; https://smu.sharepoint.com/sites/admin/CMP/cases/SMU-19-BATCH [PDF-Pic]/SMU-19-0033 [Twitter]/SMU-19-0033 [Twitter].pdf
• Institution: Singapore Management University

June 20, 2016. It was the day Magic Pony Technology galloped to fame after Twitter announced its acquisition of the Artificial Intelligence (AI) start-up for a reported US$150 million. Co-founded by Rob Bishop and Zehan Wang in London in 2014, Magic Pony specialised in using machine learning, a bran...