Google recently announced the beta release of three new AI features for the Google Cloud Video Intelligence API. With the addition of Text Detection, Object Tracking, and Speech Transcription, the API is now more capable of handling common video challenges.
Last week, Facebook announced its acquisition of Giphy. The Giphy team will become part of Instagram which has enjoyed API integration with Giphy for quite some time. The question becomes, how will app integrations outside of the Facebook family be impacted by the acquisition?