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
- Industry
- AI & Machine Learning
- Location
- Armenia
- Transaction Type
- Buyout
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