Picsart Acquires DeepCraft

December 2, 2021

Picsart has acquired DeepCraft, a Yerevan-based computer vision and AI research and development team, for an undisclosed sum. All DeepCraft employees will join Picsart and the startup's co-founders will take engineering roles as Picsart expands its video editing and core AI capabilities.

Buyers
Picsart
Targets
DeepCraft
Location
Armenia
Transaction Type
Buyout

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