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King acquires AI and machine studying software program developer Peltarion

Sweet Crush developer King has acquired AI software program firm Peltarion for an undisclosed charge.

Primarily based in Sweden and based in 2004, Peltarion is the developer behind a no-code, machine studying operations platform that it claims”empowers customers to design, practice, and handle deep studying fashions within the cloud at scale and at velocity.”

King, which is a subsidiary of Activision Blizzard, stated the acquisition will speed up the present use of AI and machine studying expertise in its sport platform.

The corporate claims AI and machine studying is a “key space of ongoing strategic path for the corporate.”

“We’re proud to announce the acquisition of Peltarion. Machine studying expertise is shifting rapidly, and by growing our investments on this discipline, we anticipate to ship much more inventive content material to our 250 million month-to-month gamers* (Q1 2022) throughout the globe,” stated King president Tjodolf Sommestad.

“We consider the gifted Peltarion group, along with the highly effective expertise they’ve constructed, will assist us serve our gamers much more successfully with extra partaking video games and content material. That is one more step in the direction of our mission of creating the world playful.”

Following the deal, Peltarion founders Luka Crnkovic-Friis and Måns Essén will assume management roles at King.

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