Reddit acquires natural language processing company MeaningCloud
https://techcrunch.com/2022/07/01/reddit-acquires-natural-language-processing-company-meaningcloud/
Reddit announced Friday that it’s acquiring MeaningCloud, a natural language processing company, for an undisclosed amount. The MeaningCloud team has joined Reddit and will support machine learning projects across its product, safety and ads teams. The acquisition marks Reddit’s first office in Spain.
MeaningCloud was founded in 2015 and specializes in extracting meaning from unstructured content, such as social conversations and web content. Reddit says the company’s technology will strengthen its machine learning proficiencies and understanding of unstructured data to provide relevant information for Reddit users.