  Armenian photo editor PicsArt to open AI laboratory in Russia October 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 The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says. A telephone conversation between Putin and Pashinyan before the CSTO summit is not planned, Peskov says. London’s Armenian community has been left feeling “under attack” after the city’s Genocide monument was vandalised. The United States believes there should be an international mission to provide transparency.   Partner news |  Related sections Latest news Turkey extends military presence in Azerbaijan  The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops.Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skillsArmenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi ArabiaPashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |
