eBay announced today that it is acquiring Expertmaker, a Swedish company that specializes in analysis of big data with a machine-learning twist.
Expertmaker was founded in 2006; in its own words, the company’s “genetics-inspired multi-AI approach, extracts hidden value in your data.” I couldn’t have said it better myself. So if you have a ton of noisy data, as eBay most certainly does, these are the guys who can wrangle it and produce something useful.
One application hypothesized by eBay is filling in product info that might otherwise not be listed. A toy, for example, might not have color, age range, or material in its description, but that data can be found elsewhere and applied so shoppers can sort by those categories. The online retailer is actually already a client, and apparently liked the milk so much they decided to buy the cow. (Unfortunately, there are no startups that prevent news writers from clumsily repurposing common idiom.)
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SOURCE: Tech Crunch
Devin Coldewey
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