Armenian photo editor PicsArt to open AI laboratory in RussiaOctober 8, 2018 - 13:18 AMT PanARMENIAN.Net - Armenian photo editing platformPicsArt is opening an AI laboratory in Russia. Startup CEO Hovhannes Avoyan said that up to $ 2 million could be spent on creating the lab, as the company is planning to hire 20 engineers, Vc.ru reports. The Russian laboratory will work on AI technologies that the service uses on photo filters, augmented reality cameras, as well as during content personalization and ad selection. According to Avoyan, the startup chose Moscow as the venue for opening the center because Russia boasts strong mathematical traditions and has a large number of engineers in the field of artificial intelligence. PicsArt is the world's largest creative platform for social media storytelling with more than 100 million monthly active users and influencers. The PicsArt community creates, remixes and shares nearly 1 billion images and videos every month. The company has amassed one of the largest open-source collections of content in the world, including free-to-edit photos, stickers and more. PicsArt is available in 30 languages for free and as a subscription on iOS, Android and Windows devices. Headquartered in San Francisco with offices in Yerevan, Armenia; Los Angeles; and Beijing, PicsArt is backed by Sequoia Capital, DCM Ventures, Insight Venture Partners, and Siguler Guff and Company. Top stories Six total incidents have burned 19 old-growth trees. Friday night 8 trees were torched along the beautiful main entrance. The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says. Hikmet Hajiyev has said that there is no place for USAID operation in Azerbaijan any longer. A telephone conversation between Putin and Pashinyan before the CSTO summit is not planned, Peskov says. Partner news | Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. Ex-President: Only removal of “defeatist” rulers can save Armenia Former Armenian President Serzh Sargsyan has shared a message on the 109th anniversary of the Armenian Genocide. Pashinyan: We must stop searching for homeland, we have found that homeland Prime Minister Nikol Pashinyan has shared a message on the 109th anniversary of the Armenian Genocide. |