Google has reportedly acquired Wavii, a technology company dedicated to processing natural language. According to TechCrunch, Google paid more than $30 million in the transaction. Apparently Apple was also interested in the company, but Google won out.
We do it by teaching computers to read everything that is reported or shared on the internet, and automatically produce interesting social content about it. The science dates back to years of natural language research at universities and private research institutions, to which we’re applying a unique approach.
The news comes a week after news broke that Amazon acquired Evi, a company that offers a Siri-like voice-activated personal assistant, for $26 million.