Thursday, 17 November 2016

Facebook buys FacioMetrics

Facebook has bought facial recognition start-up FacioMetrics, potentially using the technology for photo or video effects to better challenge rival Snapchat. How people share and communicate is changing and things like masks and other effects allow people to express themselves in fun and creative ways.
Silicon Valley-based Facebook did not disclose financial terms of the deal to buy FacioMetrics, which was spun out of Carnegie Mellon University in Pennsylvania. FacioMetrics was founded in 2015 and specializes in using artificial intelligence to give facial image analysis capabilities to applications that run on smartphones.

The technology has potential in a host of applications, including those focused on animation, measuring audience reactions, and virtual or augmented realities. Using FacioMetrics to let users of Facebook, or subsidiaries such as Instagram, have fun with photos or video could be a counter-move to those kinds of features offered in “filters” at vanishing message service Snapchat.

Parent company Snap estimates it has more than 100 million users globally of the service for sending videos, images and text messages which vanish after being viewed. Some reports say it generates 10 billion video views per day. Since trying unsuccessfully to buy Southern California-based Snapchat several years ago, Facebook has turned to cloning popular features.

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