Alibaba Acquires Israeli Start-Up InfinityAR To Develop AR, Computer Vision And AI

Chinese e-commerce giant Alibaba Group has acquired Israeli augmented reality (AR) start-up InfinityAR, after Alibaba picked up a 22% stake by leading a US$18 million investment in the company in 2016. InfinityAR will join Alibaba’s Israel Machine Vision Laboratory to accelerate the development of technologies like AR, computer vision and artificial intelligence (AI), said InfinityAR […]

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