Facebook acquires AI startup Ozlo

Facebook has acquired Ozlo, an artificial intelligence startup that specialises in developing AI assistants able to understand text-based conversations, as noted in a post on Ozlo’s website.

Ozlo’s AI assistants are able to understand and respond to simple yes / no questions, and the company has raised $14 million from investors since its founding four years ago.

Ozlo will be joining the Facebook Messenger team to ‘work on building experiences powered by artificial intelligence and machine learning’.