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Square Acquires AI and ML startup Dessa to boost ML and AI Efforts

By ET Bureau - February 10, 2020 1 Mins Read

Mobile payment company Square has bought an AI research startup, Dessa. The financial terms of the deal were not disclosed. The acquisition will help Square bolster its machine learning and artificial intelligence capabilities as it looks to improve its products. Founded in 2016, Toronto-based Dessa specializes in the detection of deepfakes. Dessa will continue to operate under its brand and will maintain its headquarters in Toronto. The company offers core products in Atlas and Orbit, both part of its Foundations platform. It partners with organizations in areas like health care, astronomy, and education to use machine learning.

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Source: https://venturebeat.com/2020/02/07/square-acquires-deepfakes-research-firm-dessa-labs-for-an-undisclosed-sum/



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ET Bureau

The Enterprise talk Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.

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