Reddit acquires MeaningCloud
Popular online discussion forum Reddit is acquiring MeaningCloud, a natural language processing (NLP) company specialising in extracting meaning from unstructured content.
The technology will strengthen Reddit’s machine learning proficiencies and understanding of unstructured data, ultimately providing the most relevant information for redditors. The MeaningCloud team will support ML projects across Product, Safety, and Ads teams at Reddit.
Jack Hanlon, Vice President of Data, Reddit, said, “MeaningCloud helps strengthen Reddit’s platform by helping our community get the relevant information they are looking for even faster. With the addition of MeaningClound`s technology, we can continue our mission of providing simpler, richer, and more relevant content to our users.”
The platform has recently acquired a machine learning platform Spell for an undisclosed sum. Spell provides a cloud computing solution to allow people to run resource-intensive ML experiments without high-end hardware.
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