Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Alexa, Buy Graphiq

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Amazon’s doing some shopping of its own, this week acquiring Santa Barbara-based data analytics and search engine startup Graphiq for an estimated $50M.

According to Crunchbase, Graphiq positioned itself as a data aggregation and visualization company focused on turning cmoplicated data into contextually-rich presentations of the world’s knowledge.

The company was founded in 2009 as “FindTheBest,” according to the LA Times, and was co-founded with former DoubleClick CEO and Founder, Kevin O’Connor.

How will Graphiq’s technology possibly be used in the Amazon?

The technology Graphiq has developed to connect the dots between billions of pieces of information could be valuable to Amazon as it tries to make Alexa smarter. Akin to Siri on the iPhone, Alexa answers queries about the weather, sports and other topics on devices such as Amazon’s Echo speaker. Last year, Graphiq produced a now-unavilable Alexa app that aimed to answer questions such as “What is the fastest 2016 sedan?” according to app aggregation website ChatBottle. Amazon also gave Graphiq access to a database about books to put its technology to the test, according to a source.
– via latimes.com

Written by turbotodd

July 21, 2017 at 10:41 am

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