) recently announced a 5-year research collaboration agreement
between Yahoo! Labs and Carnegie Mellon University (CMU). The
partnership, called Project InMind, will cost Yahoo! $10 million.
The idea is to use Yahoo!'s data and CMU's brain trust to build
smartphone apps of the future.
CMU researchers will be able to access Yahoo!'s real-time data
services and infrastructure through its "mobile toolkit."
The mobile toolkit will assist researchers to apply new machine
learning and interface technologies to Yahoo!'s raw data to
develop algorithms that could predict human behavior.
The alliance could prove to be advantageous for Yahoo! and help
it to make progress in the development of next generation
intuitive technology. Intuitive technology incorporates mobile
apps or search engines, which anticipate the user's question and
answer even before the question is asked.
The agreement also includes a new Yahoo-sponsored fellowship
program that will provide financial and research support to
computer science students and faculty members interested in
machine learning and related technologies at CMU.
Yahoo! Labs, a division of Yahoo!, established in 2005 is
responsible for research into the science of the Internet. It
creates next generation businesses for Yahoo! and innovates in
numerous research areas like machine learning, personalization,
mobile, advertising science, image processing, natural language
processing, among other things.
The Carnegie Mellon School of Computer Science is one of the
world's top institutions for research in computer science and
artificial intelligence. It already has partnerships with
Many of Yahoo!'s recent acquisitions have been made with the
intention of beefing up its mobile business. Recently, the
Internet portal acquired a mobile-marketing company called Sparq,
a virtual gaming company called Cloud Party and an enterprise app
developer called Tomfoolery.
Currently, Yahoo! holds a Zacks Rank #3 (Hold).
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