December 01, 2020 03:45 ET | Source: Tailor Insight HONG KONG, Dec. 01, 2020 (GLOBE NEWSWIRE) — Tailor Insight, the fintech market research organization, recently released a research report “Snapchat’s AR advertising technology and WIMI AI algorithm SDK give birth to a new social media ecosystem”. With the rapid development of artificial intelligence (AI) technology, its related technologies, such as computer vision, natural language processing, intelligent speech, image recognition, have gained great development space. Among them, computer vision technology is the most popular among startups and investment institutions. The corresponding face recognition, intelligent image recognition, AR/VR, and other product technologies have become the new favorites of the industry. Social software company Snap said that more than 170 million users are using its augmented reality tools every day, and this is a sign that technology is becoming mainstream. Meanwhile, this number accounts for about three-quarters of Snapchat’s user base. Snapchat is a social application for sending visual information, as well as watching shows and videos. Developers have created about 1 million different types of augmented reality filters to support Snapchat and other platforms. Shazam filters can help users find the song being played. During a Zoom video call, attendees can use…
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