“From day one, Square has been a champion of economic empowerment for people who might otherwise be left behind by traditional financial institutions. What about signs for your business or tradeshow displays? We’ve acquired Dessa, a Toronto-based company building machine learning applications that address significant real-world challenges for all types of businesses. Payments platform Square recently announced it has acquired Dessa, which is described as a Toronto-based company building machine learning applications that address significant “real-world challenges” for all types of businesses.According to Square, the acquisition of Dessa will help the platform further boost its machine learning abilities, improve its …
The Dessa team will continue business as usual at their Toronto office and Square looks to continue investing further in Canadian engineering talent following the acquisition. We plan to keep hiring top ML and AI talent moving forward to support both the Dessa team and other product teams at Square.”, The release continues, “Dessa is a leader in a variety of machine learning technologies and many know them for their work on deepfake detection. Dessa’s mission is to stretch the limits of what can be achieved with applied machine learning responsibly.
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The acquisition of Dessa will help Square further boost its machine learning abilities, improve products, and ultimately pass on the benefits to customers. Square Acquires Machine Learning Company, Dessa By A.R. Square plans to use machine learning to enhance products in areas like customer engagement, risk management, and more. via Crowdfund Insider . Podcast and Harry Potter nerd, photographer and crazy cat lady. ... Dessa Dessa’s mission is to stretch the limits of what can be achieved with applied machine learning responsibly. The Square team then added: “The Dessa team will continue working out of their office in Toronto, with no immediate changes to their existing products, customers, or business operations. We may share your information about your use of our site with third parties in accordance with our, Concept and Object Modeling Notation (COMN). Source: Square We’ve acquired Dessa, a Toronto-based company building machine learning applications that address significant real-world challenges for all types of businesses.
According to Square, the acquisition of Dessa will help the platform further boost its machine learning abilities, improve its products, and ultimately pass on the benefits to our customers around the world. Today we’re excited to announce that Dessa is being acquired by Square! Here’s Why. Learn more at dessa.com. A tech writer that is super proud to showcase the Canadian tech scene. Guess on February 10, 2020 February 9, 2020 According to a recent press release out of Square, “We’ve acquired Dessa , a Toronto-based company building machine learning applications that address significant real-world challenges for all types of businesses. Machine learning is a critical field in technology today, and we’ve expanded our machine learning work at Square over time through both in-house development and acquisitions like Eloquent Labs. Toronto machine learning startup Dessa acquired by Square, Synex Medical raises $6.99 million CAD seed round for health monitoring technology, Facebook, Uber reveal new initiatives in support of Black entrepreneurs, Shopify doubles GMV, reports record profit in third-quarter results, PressReader’s chief content officer on monetizing media and dealing with fake news blues, BC tech sector gets ‘A’ grade nationally, but big picture is more mixed, How government regulators can better embrace the sharing economy, Dessa engineers build machine learning supernova identification system, Takara Small shares what she learned exploring small-town tech in new podcast. Get Ready for a Chompdown! 6. Payments platform Square has acquired Dessa, a Toronto-based company building machine learning applications that address significant real-world challenges for all types of businesses. Mobile payment company Square has bought an AI research startup, Dessa. Founded in 2016, Toronto-based Dessa specializes in the detection of deepfakes. In 2017, the company partnered with Scotiabank to develop credit card payment systems. Square plans to use machine learning to enhance products in areas like customer engagement, risk management, and more. The company also plans to continue hiring machine learning and AI talent to support both the Dessa team and its own product teams. Learn more at dessa.com. Meagan is the Associate Editor for BetaKit. For example, machine learning technology can help Square enhance products in areas like customer engagement, risk management, and more.
As eCommerce Grows in 2020 is eBay Losing Relevancy. The company stated that its acquisition of Dessa will further improve its machine learning abilities as it looks to improve its products. Square further noted that to help with global deepfake detection efforts, Dessa recently open-sourced their detection technology to share their resources with engineers around the world and raise awareness about the misuse of deepfakes. Their team of world-class engineers will immediately bolster our machine learning and artificial intelligence capabilities at Square. Toronto is a global hub for machine learning research and development. Required fields are marked *. You can read more about it in a blog post from Square, and in a letter from our CEO Stephen Piron below. This includes personalizing content, using analytics and improving site operations. For example, machine learning technology can help us enhance products in areas like customer engagement, risk management, and more. While Piron noted that there will be some changes for Dessa, Square stated that the Dessa team will continue working out of its Toronto office, “with no immediate changes to their existing products, customers, or business operations.” A spokesperson for Dessa told BetaKit that the company’s second office in New York, which opened in spring 2018 to support Dessa’s US business development, shut down prior to the acquisition. Announced Date Feb 7, 2020; Stay Connected. Toronto is a global hub for machine learning research and development. Posted by Staff Report | Feb 12, 2020 | Business, Recent. To help with global deepfake detection efforts, Dessa recently open-sourced their detection technology to share their resources with engineers around the world and raise awareness about the misuse of deepfakes. In 2015, Square bought Kili Technology, a Toronto-based startup specializing in silicon, electronic, and software design for improvement payment processing. Dessa is a leader in a variety of machine learning technologies and many know them for their work on deepfake detection. Square stated that, through the deal, Dessa’s team of engineers will bolster its machine learning and artificial intelligence capabilities. In 2019, Square acquired San Francisco AI company Eloquent Labs. Payments platform Square has acquired Dessa, a Toronto-based company building machine learning applications that address significant real-world challenges for all types of businesses. The company stated that its acquisition of Dessa will further improve its machine learning abilities as it looks to improve its products. We’re excited to expand our presence in the city’s growing tech sector by further investing in Canadian engineering talent.
“From day one, Square has been a champion of economic empowerment for people who might otherwise be left behind by traditional financial institutions. The Dessa team of engineers will immediately bolster Square’s machine learning and artificial intelligence capabilities. Transaction Name . “[In 2016] the technology was new to industry but starting to build momentum, and inspiration abounded.
We use cookies to ensure that we give you the best experience on our website. To help with global deepfake detection efforts, Dessa recently open-sourced their detection technology to share their resources with engineers around the world and raise awareness about the misuse of deepfakes. The acquisition of Dessa will help us further boost our machine learning abilities, improve our products, and ultimately pass on the benefits to our customers around the world. Square . Facebook Group for Small Business Sellers, Amazon Sellers Reap Big Sales From 2020 Edition Of Prime Day, Latest ShipStation Data Reveals 2020’s Impact on Consumer Shipping Expectations. While there are legitimate uses for deepfake technology, deepfake audio and video have become a growing security, risk management, and fraud threat across multiple industries and for businesses of all kinds. Dessa acquired by Square. When a website user clicks on these links, we get commissions for purchases made. This deal marks only the second Canadian acquisition for Square. Dessa acquired by Square . © 2012-2019 BetaKit Incorporated. Follow us on Facebook, Twitter, and LinkedIn to stay up to date with relevant news and business insights for your online business.
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