Facebook has bought Ozlo help build its virtual assistant application

Facebook buys Ozlo to upgrade its Artificial Intelligence efforts

Facebook has bought the Palo Alto-based artificial intelligence startup. Facebook has bought Ozlo help build its virtual assistant application out of Messenger for the users. Ozlo's strength is in recognising text-based conversations. Further, it can understand and give answers to various questions that have simple yes or no answers. Ozlo calls it "probabilistic assertions of truth." The company website…

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Facebook TV

Facebook TV might debut in August

Facebook is really involved in the sphere of video content and is soon going to launch its TV. The videos will feature short length contents. Unlike Netflix, Facebook TV isn't going to challenge other mainstream streaming service providers anytime soon. Come August and Facebook will go live with its first TV episodes. From an advertising giant to TV production.…

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