https://tech.newstatesman.com/business/facebook-bloomsbury-ai

Facebook has confirmed it is buying Bloomsbury AI, a London startup specialising in natural language processing.

The social media giant revealed on Tuesday that the team behind the startup had “agreed to join Facebook in London”. A Facebook spokesperson was not able to confirm the value of the deal, but TechCrunch, which broke the news, reported that it was in the region of $23m-$30m.